HB 1495

  • Illinois House Bill
  • 104th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Revenue-Prop Tax Relief

Abstract

Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department of Revenue shall establish and administer a property tax relief pilot program. Provides that eligible homeowners shall receive a one-time direct relief payment in an amount equal to a percentage, determined by the Department by rule, of the eligible homeowner's property tax liability for the 2025 tax year. Requires the Department of Revenue to submit a report in connection with the Program to the Governor and the General Assembly. Creates the Property Tax Relief Program Fund of 2026. Provides that moneys in the Fund shall be used by the Department for the purpose of making property tax relief payments. Amends the State Finance Act to make conforming changes.

Bill Sponsors (14)

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Actions


Oct 27, 2025

House

Added Co-Sponsor Rep. Kevin Schmidt

Jul 07, 2025

House

Added Co-Sponsor Rep. Dennis Tipsword

Mar 21, 2025

House

Rule 19(a) / Re-referred to Rules Committee

Mar 03, 2025

House

To Tax Policy: Other Taxes Subcommittee

Feb 27, 2025

House

Added Co-Sponsor Rep. John M. Cabello

House

Added Co-Sponsor Rep. Nicole La Ha

House

Added Co-Sponsor Rep. Bradley Fritts

House

Added Chief Co-Sponsor Rep. Blaine Wilhour

House

Added Chief Co-Sponsor Rep. Martin McLaughlin

Feb 20, 2025

House

Added Co-Sponsor Rep. Chris Miller

House

Added Co-Sponsor Rep. Adam M. Niemerg

House

Added Co-Sponsor Rep. David Friess

Feb 18, 2025

House

Added Co-Sponsor Rep. Kyle Moore

House

Assigned to Revenue & Finance Committee

House

Added Co-Sponsor Rep. Amy L. Grant

Feb 05, 2025

House

Added Co-Sponsor Rep. Michael J. Coffey, Jr.

Jan 28, 2025

House

Referred to Rules Committee

House

First Reading

Jan 21, 2025

House

Filed with the Clerk by Rep. Brad Halbrook

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

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Sources

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