IL SB2352

Increases the maximum general homestead property tax exemption by $1,000 for homestead property that is the principal residence of a caregiver providing home care services to a person over 65 years old who needs assistance with activities of daily living.

Defines "caregiver" as a person who has assumed responsibility for all or part of the day-to-day care of a senior citizen, either through family relationship, voluntarily, or in exchange for compensation.

The additional $1,000 exemption applies to the existing homestead exemption structure, which varies by county size and taxable year (ranging from $6,000 to $10,000 depending on location and year).

Takes effect immediately upon becoming law.