SPRINGFIELD – With Illinois property taxpayers suffering, State Senator Steve Stadelman (D-Rockford) voted for legislation that will defer tax sales and gives counties the ability to extend homestead exemptions and waive late fees.

“Property taxes can be a significant financial burden for residents of communities like Rockford,” Stadelman said. “This legislation will provide much needed relief to ease the financial burden on our communities.”

The relief package gives county assessment officers the ability to approve homestead exemptions without 2020 applications for residents with disabilities, veterans with disabilities and senior citizens who qualify for assessment freezes.

The exemption extensions are permitted if:

• The county board has previously declared a local disaster related to COVID-19;
• The owner of the property as of Jan. 1, 2020 is the same owner as of Jan. 1, 2019;
• The applicant for the 2019 taxable year has not yet asked for the exemption to be removed for the 2019 or 2020 taxable year;
• The exemption for the 2019 taxable year has not been determined to be an erroneous exemption.

County assessment officers are still permitted to conduct audits of taxpayers claiming an exemption in order to verify the applicant is eligible to receive the senior citizen’s assessment freeze through the homestead exemption.

The measure also defers tax sales and gives the county the authority to waive property tax interest penalties.

Senate Bill 685 passed the Senate unanimously with a vote of 56-0 and now goes to the governor for his approval.