IL SB3817

Amends the Property Tax Code (35 ILCS 200/15-65) to require institutions of public charity and beneficent/charitable organizations to hold 501(c)(3) federal tax-exempt status to qualify for the state property tax exemption for charitable purposes.

Property must still be actually and exclusively used for charitable or beneficent purposes and not leased or used for profit to qualify for the exemption.

Adds explicit Internal Revenue Code 501(c)(3) status requirement to subsections (a) and (b) of the charitable purposes exemption, aligning state eligibility with federal nonprofit recognition.

Introduced by Senator Laura M. Murphy on February 6, 2026, during the 104th General Assembly.