SPRINGFIELD, Ill. – To ease the property tax burden on homeowners, state Representative Mike Halpin D-Rock Island, sponsored legislation that will provide tax relief to all homeowners, including veterans, seniors, and the disabled. Unlike Governor Rauner’s proposal for freezing property taxes, HB 156 actually cuts taxes and received broad bi-partisan support.

SPRINGFIELD, Ill. – To ease the property tax burden on homeowners, state Representative Mike Halpin D-Rock Island, sponsored legislation that will provide tax relief to all homeowners, including veterans, seniors, and the disabled. Unlike Governor Rauner’s proposal for freezing property taxes, HB 156 actually cuts taxes and received broad bi-partisan support.

“High property taxes are one of the top concerns for constituents in my district, especially for our homeowners who are on fixed incomes,” Halpin said. “Forcing our families, seniors and disabled to choose between basic needs and paying their property taxes is unconscionable. This legislation provides relief to all homeowners.”

Beginning in 2018 the General Homestead exemption would rise from the current $6000 to $8000 on a primary residence, and increases the exemption for seniors from $5000 to $6000. HB 156 also includes in this package the Disabled Persons Freeze, an idea Halpin introduced as a separate bill in the 100th General Assembly (HB 3702). This freeze is available to homeowners who receive Supplemental Security Income from the federal government. Veterans also receive tax relief under this proposal. Veterans with a 20-30 percent disability and veterans over age 75 will receive a $2,500 exemption.

Lastly, the measure will allow for the expansion of the Long-Time Owner Occupant Exemption. Homeowners who have lived in their home for more than 8 years and earn less than 100,000 will be eligible for an additional exemption.

“This legislation is a step in the right direction to provide much needed relief from the increasing property tax burden our residents face.” Halpin said. I will continue to work with my colleagues on both sides of the aisle to fight for working families, seniors and the disabled.”

For more information, please contact please contact Representative Halpin’s constituent office at 309-558-3612 or rephalpin@gmail.com