IL HB2581

In counties with 3,000,000 or more inhabitants, senior citizens who have been granted a homestead exemption are no longer required to reapply for the exemption annually.

County assessors in large counties must establish procedures with the recorder of deeds or county clerk to determine annually whether exemption recipients have conveyed property ownership or are deceased.

When a qualifying property owner has conveyed the property or is deceased, the county assessor must mail notice to the new owner stating the exemption will be removed and that the new owner may reapply if the property becomes qualified.

The bill removes language requiring annual reapplication beginning in 2010 and replaces it with a permanent exemption system in counties with 3,000,000+ inhabitants, with no state reimbursement required for implementation costs.