As part of her continued work to protect seniors from rising costs,State Senator Sue Rezin (R-Morris) has introduced legislation to ensure Illinois’ low-income senior citizens assessment freeze keeps pace with inflation.
Senate Bill 4029, filed by Senator Rezin, would automatically adjust the income eligibility cap for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption based on inflation beginning in tax year 2029. By tying the income threshold to the Consumer Price Index, this measure prevents seniors from losing eligibility due to cost-of-living increases.
“For seniors living on fixed or modest incomes, inflation can quietly push them out of programs they depend on,” said Senator Rezin. “This legislation keeps the senior assessment freeze aligned with real-world costs and ensures continued relief for those it was designed to help.”
During the fall veto session, Senator Rezin supported legislation that increased the income caps for the senior assessment freeze. Under current law, the income cap for the senior assessment freeze is set at $75,000 for tax year 2026, $77,000 for 2027, and $79,000 beginning in 2028. Senate Bill 4029 would ensure that starting in 2029, the income threshold automatically adjusts each year based on inflation, preventing seniors from losing eligibility as everyday costs continue to rise.
“This is about stability and fairness,” continued Senator Rezin. “Seniors should not lose property tax relief because prices rise faster than their income. This bill provides certainty and peace of mind for older Illinoisans.”
Senate Bill 4029 is currently awaiting assignment to a committee in the Illinois Senate.