ILCS » Chapter 35 · Act 250
Illinois Compiled Statutes

35 ILCS 250/20 (2026)

Conditions of deferral or exemption

✓ current as of May 2026
Find cases: SyfertCases citing this section IL-ILGAilga.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar
(35 ILCS 250/20)
    Sec. 20. Conditions of deferral or exemption.
    (a) Any deferral or exemption of payment of an increase in real property taxes granted under this Act shall be limited to real property that meets both of the following conditions:
        (1) The property is owned and occupied by a longtime
    
owner-occupant.
        (2) The property is the principal residence and
    
domicile of the longtime owner-occupant.
    The corporate authorities of a county, by ordinance or resolution, may impose additional criteria for qualifying for a deferral or exemption under this Act including, but not limited to, (i) requiring the owner-occupant to have owned and occupied the same dwelling place as principal residence and domicile for a period of more than 10 years, (ii) establishing age criteria for eligibility of an owner-occupant, and (iii) establishing income criteria for eligibility of an owner-occupant. A deferral or exemption, or combination thereof, under an ordinance or resolution adopted pursuant to this Act, may not exceed $20,000 in equalized assessed value per tax year.
    (b) No penalties or interest shall accrue on the portion of any deferral granted under this Act.
    (c) Except as provided in subsection (d) of Section 15, school districts and municipalities within a county to which this Act applies may determine whether financial need, age, or both, of the longtime owner-occupant shall be used to determine eligibility.
(Source: P.A. 93-715, eff. 7-12-04; 94-1074, eff. 12-26-06.)

    
Notes of Decisions
Cited in 2 cases, 2005–2005 · leading case: People v. Olender, 854 N.E.2d 593 (Ill. 2005).
Sort: Relevance Newest Treatment
People v. Olender, 854 N.E.2d 593 (Ill. 2005). “7 amended the Longtime Owner-Occupant Property Tax Relief Act to allow the corporate authorities of a county to establish additional criteria to qualify for a property tax deferral or exemption (35 ILCS 250/20 (West 1994)). Section 90 — 4 amended the Motor Fuel Tax Law by making…”
People v. Olender (Ill. 2005). “7 amended the Longtime Owner-Occupant Property Tax Relief Act to allow the corporate authorities of a county to establish additional criteria to qualify for a property tax deferral or exemption (35 ILCS 250/20 (West 1994)). Section 90–4 amended the Motor Fuel Tax Law by making…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.