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Senior Citizen Circuit Breaker Grants
A state program, through the Illinois Department on Aging, which
provides yearly grants to homeowners and renters 65 and over to help pay
property taxes. Maximum household income of $22,793 for yourself, or
$30,594 for yourself and your spouse, or yourself and one additional
person, or $38,393 for yourself, your spouse and one additional person
living in the property to qualify Disabled Persons' Homestead Exemption.
This exemption lowers the equalized assessed value of your property by
$2,000 starting in tax year 2007, and may be claimed in addition to the
Homestead Limited Exemption and the Senior Citizen Homestead Exemptions,
if applicable. This exemption cannot be claimed in addition the the
Disabled Veterans' Standard Homestead Exemption or the Disabled
Veterans' Exemption of $70,000; you can only receive one of these
exemptions and, if you are a veteran, you should choose to apply for the
one most beneficial to you. To receive this exemption, you must:
- Have lived on the property on or before January 1 of
the tax year; otherwise, the value may be prorated for the portion of the
year that it was owner occupied by a qualified disabled person.
- Be disabled under the Federal Social Security Act
- Supply a copy of your Illinois Disabled Person
Identification Card stating that you are under a Class 2 disability (for
each year you qualify).
Please note that
this exemption may require annual renewal. We are awaiting clarification on this
from the Illinois Department of Revenue.
First-time applicants can obtain forms
from Will County Senior Services (815)
723-8700.
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