IL HB3298

Amends the Senior Citizens and Persons with Disabilities Property Tax Relief Act to increase income eligibility limits for applications based on household income in 2026 and thereafter

New income limits for 2026+: less than $37,650 for 1-person households, less than $51,100 for 2-person households, and less than $64,550 for households with 3+ persons

Current limits (2020-2025) remain: less than $33,562 for 1-person households, less than $44,533 for 2-person households, and less than $55,500 for households with 3+ persons

Represents an increase of approximately $4,000-$9,000 in income eligibility thresholds depending on household size, allowing more seniors and persons with disabilities to qualify for property tax relief grants