IL SB2685

Amends Section 208 of the Illinois Income Tax Act concerning the residential real property tax credit.

Changes credit rate from 5% to 6% of real property taxes paid on principal residence for tax years ending on or after December 31, 2021.

Maintains 5% credit rate for tax years ending before December 31, 2021.

Preserves income limits that prohibit claiming the credit if adjusted gross income exceeds $500,000 for joint filers or $250,000 for all other taxpayers (for tax years beginning on or after January 1, 2017).

Makes technical correction to remove duplicate language ("the") in the statute text.