Proposed law would restore seniors' tax break

Proposed law would restore seniors' tax break

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SPRINGFIELD - Legislation that would restore a property tax break for senior citizens was approved by the Illinois House Wednesday.

The proposal, known as the "senior freeze," received a 116-0 vote. It would stabilize property taxes for those who are over 65 and whose income is under $50,000 a year.

The measure is moving through the legislative process in response to an Illinois Supreme Court ruling in December that declared a similar, 1994 law unconstitutional because of technical problems. It now heads to the Illinois Senate.

"Many seniors are depending on us in the General Assembly to reinstate this law," said state Rep. Bob Flider, D-Mount Zion.

The proposal increases the income threshold by $5,000 and increases the senior homestead deduction from $3,000 to $3,500.

Proponents say if the proposal is made into law it would be as though the original legislation had never been ruled unconstitutional.

The legislation is House Bill 4789.

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