| IL | HB1287 | Intro
25% | Amends the Property Tax Code. Provides that, in counties in which the county board so provides, by ordinance or resolution, owners of income-producing properties in the county shall file physical descriptions of their properties with the chief county...
[Detail][Text][Discuss] | 2024-05-31
To House Rules Committee |
| IL | HB5545 | Intro
25% | Amends the Property Tax Code. Provides that certain property may be certified by the Department of Commerce and Economic Opportunity as containing a megaproject. Provides that a "megaproject" is a project that meets certain investment and job creatio...
[Detail][Text][Discuss] | 2024-05-31
To House Rules Committee |
| IL | HB1074 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable year 2024, the maximum income limitation for the senior freeze shall be $73,700 for all qualified property (currently, $65,000). Provides that the maximum income limitation shall be adjusted ea...
[Detail][Text][Discuss] | 2024-05-16
To House Rules Committee |
| IL | HB1274 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and co...
[Detail][Text][Discuss] | 2024-05-16
To House Rules Committee |
| IL | HB5425 | Intro
25% | Amends the Property Tax Code. Creates a senior citizens homestead school levy exemption for property that is improved with a permanent structure that is occupied as a primary residence by an applicant who (i) is 65 years of age or older during the ta...
[Detail][Text][Discuss] | 2024-05-14
To House Rules Committee |
| IL | HB5829 | Intro
25% | Creates the Metropolitan Mobility Authority Act, and establishes the Metropolitan Mobility Authority. Provides that the Chicago Transit Authority, the Commuter Rail Division and the Suburban Bus Division of the Regional Transportation Authority, and ...
[Detail][Text][Discuss] | 2024-05-14
To House Rules Committee |
| IL | HB5823 | Intro
25% | Creates the Metropolitan Mobility Authority Act, and establishes the Metropolitan Mobility Authority. Provides that the Chicago Transit Authority, the Commuter Rail Division and the Suburban Bus Division of the Regional Transportation Authority, and ...
[Detail][Text][Discuss] | 2024-04-30
To House Rules Committee |
| IL | HB4573 | Intro
25% | Amends the Property Tax Code. Provides that, within 30 days after recording of a tax deed with respect to residential property, the tax deed grantee shall pay the surplus to the previous owner of the property described in the deed. Sets forth the pro...
[Detail][Text][Discuss] | 2024-04-26
To House Rules Committee |
| IL | HB4244 | Intro
25% | Amends the Property Tax Code. In provisions concerning the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, provides that the term "household" does not include an exempt family member who uses the residence as his or her principal pl...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB4568 | Intro
25% | Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a levy authorized for contributions to a Firefighters' Pension Fund for a municipality with a population of 500,000 or less is not considered a new rate. Effecti...
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB5445 | Intro
25% | Amends the Property Tax Code. Provides that the notice of the transfer of property that is exempt for orphanage, school, or religious purposes shall be filed with the county clerk (currently, the county recorder).
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB5542 | Intro
25% | Amends the Property Tax Code. In provisions concerning charitable exemptions granted to limited liability companies, removes a requirement that the limited liability company must be a disregarded entity for federal and Illinois income tax purposes.
[Detail][Text][Discuss] | 2024-04-19
To House Rules Committee |
| IL | HB1154 | Intro
25% | Amends the Property Tax Code. Provides that the surviving spouse of a veteran who has a service connected disability of 100% and is deemed to be permanently and totally disabled need not reapply for the homestead exemption for veterans with disabilit...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB2991 | Intro
25% | Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that, if the veteran has a service connected disability of 10% or more but less than 30%, as certified by the United States Depart...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB3538 | Intro
25% | Amends the Property Tax Code. Provides that a veteran may submit an application for the homestead exemptions for veterans with disabilities to the chief county assessment officer with respect to a specific property before the veteran purchases the pr...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB4716 | Intro
25% | Amends the Property Tax Code. Provides that, in all counties, any change in assessment resulting from reassessment in the general assessment year shall not exceed the lesser of the following: (1) 3% of the assessed value of the property for the prior...
[Detail][Text][Discuss] | 2024-04-18
To House Rules Committee |
| IL | HB3439 | Intro
25% | Amends the Property Tax Code. Provides that, beginning in tax year 2025, each chief county assessment officer shall establish a rolling 3-year assessment period for property. Effective immediately.
[Detail][Text][Discuss] | 2024-04-15
To House Rules Committee |
| IL | HB4561 | Intro
25% | Amends the Property Tax Code. Makes changes concerning the amount required to be paid under protest for the 2024 or 2025 tax year. Effective immediately.
[Detail][Text][Discuss] | 2024-04-11
To House Rules Committee |
| IL | HB4657 | Intro
25% | Amends the Property Tax Code. Provides that provisions creating a housing opportunity abatement program apply through tax year 2034 (currently, 2024). Effective immediately.
[Detail][Text][Discuss] | 2024-04-11
To House Rules Committee |
| IL | HB5350 | Intro
25% | Amends the Property Tax Code. Provides that the maximum income limitation under the Low-Income Senior Citizens Assessment Freeze Homestead Exemption shall be adjusted each year by the annual cost of living increase, if any, in Social Security and Sup...
[Detail][Text][Discuss] | 2024-04-11
To House Rules Committee |
| IL | HB1254 | Intro
25% | Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year, unless the increase is due to i...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB1288 | Intro
25% | Amends the Property Tax Code. Provides that, in counties with 3,000,000 or more inhabitants, taxpayers of income-producing property shall submit income and expense data annually to the chief county assessment officer on or before July 1 of each year....
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB1354 | Intro
25% | Amends the Property Tax Code. Provides that no taxing district may hold more than 150% of the previous levy year's property tax collections in cash or cash-equivalent assets. Provides that excess amounts shall be refunded to taxpayers. Effective imme...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2382 | Intro
25% | Amends the Property Tax Code. Provides that, beginning in taxable year 2024, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased each year by the percentage increase, if any, in th...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2596 | Intro
25% | Amends the Property Tax Code. Creates an abatement for property located in a blighted area if the owner of the property enters into an agreement with the corporate authorities of the municipality in which the property is located for the renovation, d...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2583 | Intro
25% | Amends the Property Tax Code. Provides that the long-time occupant homestead exemption applies in all counties beginning with taxable year 2023. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2529 | Intro
25% | Amends the Property Tax Code. Increases the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption from $65,000 to $75,000.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2914 | Intro
25% | Amends the Property Tax Code. Provides that the tax bill shall include a statement of the percentage of the taxpayer's total tax bill that is attributable to a ballot initiative or referendum. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB2992 | Intro
25% | Amends the Property Tax Code. Provides that, if a taxing district fails to timely file an affidavit that is required to be filed with respect to exempt property, then, prior to terminating the exemption, the chief county assessment officer shall noti...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3056 | Intro
25% | Amends the Property Tax Code. Provides that the assessed value of qualified affordable housing property shall be reduced by 30%. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3028 | Intro
25% | Amends the Property Tax Code. In provisions concerning the issuance of a tax deed, provides that the court shall find that all forfeitures and sales of the property occurring after the tax sale at which the certificate of purchase was issued and incl...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3070 | Intro
25% | Amends the Property Tax Code. In provisions concerning the long-time occupant homestead exemption, provides that for tax year 2024 and thereafter, the exemption applies to qualified taxpayers with a household income of $85,000 or less and is based on...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3054 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption is $85,000 for all qualified property. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3390 | Intro
25% | Amends the Property Tax Code. Provides that, beginning with the 2024 tax year (to be collected in 2025), the total tax bill for property receiving the General Homestead Exemption may not exceed 103% of the total property tax bill for the property for...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3399 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable year 2024, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Provides that, beginning in taxable year 2025,...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3177 | Intro
25% | Creates the Taxpayer Protection Act. Provides that, on and after the effective date of the Act, for bonds or incurred debt issued through a referendum by a unit of local government or school district, the bonds or incurred debt shall not be extended ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3645 | Intro
25% | Amends the Property Tax Code. Creates the School District Extension Freeze Law. Provides that, if at the end of any levy year, a school district has reserves of 50% or more of its operating budget, then the school district's extension for all purpose...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3463 | Intro
25% | Amends the Property Tax Code. In provisions concerning an exemption for veterans with disabilities who qualify for Specially Adapted Housing, increases the maximum assessed value of the property from $100,000 to $150,000. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB3511 | Intro
25% | Amends the Property Tax Code. Provides that, if property qualifies for the senior citizens homestead exemption, but the property owner fails to apply for the exemption during the application period, then the property owner may apply to any or all of ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4132 | Intro
25% | Amends the Property Tax Code. In a Section regarding property tax exemptions for charitable purposes, provides that property held by a charitable organization for the purpose of constructing or rehabilitating residences for eventual transfer to quali...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4185 | Intro
25% | Amends the Property Tax Code. Increases the amount of the homestead exemption for persons with disabilities from $2,000 to $4,000 beginning in tax year 2024. Effective immediately.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4229 | Intro
25% | Amends the Property Tax Code. Provides that licensed day care facilities that are actually and exclusively used for charitable or beneficent purposes are exempt from taxation under the Code.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4242 | Intro
25% | Amends the Property Tax Code. Increases the amount of the homestead exemption for persons with disabilities from $2,000 to $4,000 beginning in tax year 2024.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4308 | Intro
25% | Amends the Property Tax Code. In provisions concerning the homestead exemption for persons with disabilities, provides that, if the person with a disability is eligible to receive disability benefits under the federal Social Security Act and has a ho...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4335 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable year 2024 and thereafter, the homestead exemption for veterans with disabilities carries over to the benefit of a deceased veteran's remarried surviving spouse as long as the surviving spouse h...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4318 | Intro
25% | Amends the Property Tax Code. Provides that, within 30 days after recording of a tax deed with respect to residential property, the tax deed grantee shall pay the surplus to the previous owner of the property described in the deed. Sets forth the pro...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4354 | Intro
25% | Amends the Property Tax Code. Provides that, beginning in taxable year 2024, no taxing district, other than a home rule unit, may levy a tax on any parcel of real property that is more than 105% of the base amount unless (i) the increase is attributa...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4420 | Intro
25% | Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000) for all qualified property.
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4424 | Intro
25% | Amends the Property Tax Code. In provisions concerning the Historic Residence Assessment Freeze Law, provides that the fair cash value of the property shall be based on the final determination by the assessment officer, board of review, Property Tax ...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
| IL | HB4437 | Intro
25% | Amends the Property Tax Code. Creates a homestead exemption, subject to certain limitations, for property that is located within a special flood hazard area as identified by the Federal Emergency Management Agency. Provides that the amount of the exe...
[Detail][Text][Discuss] | 2024-04-05
To House Rules Committee |
