Blair-Sherlock Introduces Series of Property Tax Relief Measures

SPRINGFIELD, Ill. – Responding to homeowner concerns about the cost of property taxes, state Rep. Diane Blair-Sherlock, D-Villa Park, has introduced legislation to raise the senior homestead exemption’s income limitation, increase the persons with disabilities exemption and strengthen transparency requirements on tax bills.

“We should look to take responsible action to drive down costs for homeowners, especially for those who are on a fixed income,” Blair-Sherlock said. “These proposals are needed updates, and would be a good starting point to further build on with reforms to make our property tax system better for taxpayers.”

Blair-Sherlock’s proposals include:
– House Bill 61, which would require tax bills to clearly show how much of a taxpayer’s bill is going toward a local ballot initiative or referendum, as well as when that specific item will expire,
– House Bill 69, which raises the Low-Income Senior Citizens Assessment Freeze Homestead Exemption limitation from $65,000 to $75,000, and
– House Bill 70, which increases the homestead exemption for persons with disabilities from $2,000 to $4,000.

“Our existing exemptions must properly reflect the effect of inflation and changes to the cost of living,” Blair-Sherlock said. “Every dollar matters, so let’s take real action in Springfield to deliver real relief for local residents.”

For more information, please contact StateRep46@gmail.com.