PROP TX-30 YEAR HOMESTEAD Senate SponsorsSen. Sara Feigenholtz 2/2/2026SenateReferred to Assignments 35 ILCS 200/15-177.1 new30 ILCS 805/8.50 newAmends the Property Tax Code. Establishes a homestead exemption for qualified homestead property that has been continuously owned, used, and occupied as the primary residence by the qualified taxpayer for at least 30 years any time prior to January 1 of the taxable year for which the exemption would apply. Requires taxpayers who have been granted an exemption to reapply on an annual basis. Provides that the assessor or chief county assessment officer may determine the eligibility of residential property to receive the homestead exemption by application, visual inspection, questionnaire, or other reasonable methods. Sets forth provisions concerning the review of exemptions granted under the provisions. Defines "qualified homestead property" and "qualified taxpayer". Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 2/2/2026SenateFiled with Secretary by Sen. Sara Feigenholtz 2/2/2026SenateFirst Reading 2/2/2026SenateReferred to Assignments