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<xml>
<title>Illinois General Assembly - Bill Status for HB 2640</title>
<shortdesc>PROP TX-SENIOR FREEZE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Martin McLaughlin and Kevin Schmidt</sponsors>
</sponsor>
<lastaction>
<statusdate>3/21/2025</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-172</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2025</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Martin McLaughlin</action>
<statusdate>2/6/2025</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/4/2025</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/6/2025</statusdate><chamber>House</chamber><action>To Tax Policy: Other Taxes Subcommittee</action>
<statusdate>3/21/2025</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>10/27/2025</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kevin Schmidt</action>
</actions>
</xml>
