<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2701</title>
<shortdesc>PROP TX-SENIOR EXEMPTION</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Chris Balkema</sponsors>
</sponsor>
<lastaction>
<statusdate>1/27/2026</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-170</reference><aliasreference></aliasreference><SynopsisText>Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, in all counties, a taxpayer who has been granted a senior citizens homestead exemption need not reapply for that exemption. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>10/14/2025</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chris Balkema</action>
<statusdate>10/14/2025</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>10/14/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/27/2026</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/13/2026</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 24, 2026</action>
</actions>
</xml>
