Belt Supports Legislation To Give Property Tax Relief For Seniors

SPRINGFIELD – State Senator Christopher Belt backed a property tax relief package that increases property tax exemption thresholds for senior citizens in Illinois.“When this piece of legislation came across my desk, it was a no-brainer,” said Belt (D-Swansea). “Many seniors in the Metro East have lived in their homes for decades - let’s ensure they are not priced out of the homes they have invested their lives into.”Senate Bill 642 would deliver critical updates to help seniors on fixed incomes and help families facing economic challenges manage rising property tax costs. Under the measure, the maximum income limit for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption would increase substantially over the next several years, beginning at $75,000 for taxable year 2026, in