IL HB4185

Increases the homestead exemption for persons with disabilities from $2,000 to $4,000, effective for tax year 2024 and thereafter.

Exemption applies to persons unable to engage in substantial gainful activity due to a medically determinable physical or mental impairment expected to last at least 12 months or result in death.

Property must be occupied as the primary residence by the person with a disability, who must be liable for property taxes and hold legal or equitable ownership interest.

Proof of disability can be established through federal Social Security disability benefits, an Illinois Person with a Disability Identification Card (Class 2), or examination by a physician or other designated medical professional.

Allows county assessment officers to automatically renew exemptions for 2022-2027 in counties with more than 3,000,000 residents or in other counties by ordinance, without requiring annual reapplication.