Rep. Barb Wheeler |
Illinois law currently allows for a four year Homestead Improvement Exemption. A homeowner can exempt new improvements made to their house from their property tax assessment up to the fair cash value added or $75,000. This exemption expires after four years. House Bill 3715 will extend the exemption for as long as the disabled person or senior is living in that home. This will allow more families to keep their loved ones close while they seek care and assistance for them. Read more about Rep. Wheeler's initiative.