PIO-64, Illinois Senior Citizen’s Real Estate Tax Deferral Program Frequently Asked Questions
Information
Title
PIO-64, Illinois Senior Citizen’s Real Estate Tax Deferral Program Frequently Asked Questions
Description
General information about the Senior Citizen Real Estate Tax Deferral Program, which provides tax relief for qualified senior citizens by allowing them to defer all or part of their property tax and special assessment payments on their principal residences. The deferral is similar to a loan against the property’s market value.