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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.
Introduced
Jan 28, 2025
Last Action
Feb 26, 2026
Session
IL 104th
Sponsors
1 primary · 13 co
To Tax Policy: Other Taxes Subcommittee
Assigned to Revenue & Finance Committee
Added Co-Sponsor Rep. Kevin Schmidt
Added Co-Sponsor Rep. Dennis Tipsword
Rule 19(a) / Re-referred to Rules Committee
To Tax Policy: Other Taxes Subcommittee
Added Chief Co-Sponsor Rep. Martin McLaughlin
Added Chief Co-Sponsor Rep. Blaine Wilhour
Added Co-Sponsor Rep. John M. Cabello
Added Co-Sponsor Rep. Bradley Fritts
Added Co-Sponsor Rep. Nicole La Ha
Added Co-Sponsor Rep. Adam M. Niemerg
Added Co-Sponsor Rep. Chris Miller
Added Co-Sponsor Rep. David Friess
Added Co-Sponsor Rep. Kyle Moore
Assigned to Revenue & Finance Committee
Added Co-Sponsor Rep. Amy L. Grant
Added Co-Sponsor Rep. Michael J. Coffey, Jr.
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Brad Halbrook
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To Tax Policy: Other Taxes Subcommittee
Michael J. Coffey, Jr.
Amy L. Grant
Adam M. Niemerg
John M. Cabello
Bradley Fritts
Martin McLaughlin