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HB5200 - 104th General Assembly

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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB5200
 
Introduced 2/10/2026, by Rep. Angelica Guerrero-Cuellar
 
SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/15-190 new
    Amends the Property Tax Code. Provides that a homestead exemption is granted for property that (i) is located in a county with 1,000,000 or more inhabitants and (ii) is owned and occupied as a principal residence during the taxable year by a qualified municipal worker. Provides that the amount of the homestead exemption shall be a reduction from the equalized assessed value of the property in an amount equal to 5% of the equalized assessed value of the property. Effective immediately.


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STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT
MAY APPLY
					
 
 
A BILL FOR
 
HB5200LRB104 20268 HLH 33719 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois, 
3represented in the General Assembly:
 
4    Section 5. The Property Tax Code is amended by adding 
5Section 15-190 as follows:
 
6    (35 ILCS 200/15-190 new)
7    Sec. 15-190. Municipal worker homestead exemption.
8    (a) Beginning in taxable year 2027, a homestead exemption 
9is granted for property that (i) is located in a county with 
101,000,000 or more inhabitants and (ii) is owned and occupied 
11as a principal residence during the taxable year by a 
12qualified municipal worker. The amount of the homestead 
13exemption shall be a reduction from the equalized assessed 
14value of the property in an amount equal to 5% of the equalized 
15assessed value of the property. 
16    (b) The assessor or chief county assessment officer may 
17determine the eligibility of property to receive the exemption 
18provided by this Section by affidavit, application, visual 
19inspection, or questionnaire or by other reasonable methods. 
20    (c) The exemption under this Section is in addition to any 
21other homestead exemption provided in this Article 15. 
22Notwithstanding Sections 6 and 8 of the State Mandates Act, no 
23reimbursement by the State is required for the implementation 
 
 
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1of any mandate created by this Section. 
2    (d) As used in this Section: 
3    "Qualified municipal worker" means a person who is 
4employed on a full-time basis by the municipality in which the 
5property is located and who is required to reside in that 
6municipality as a condition of his or her employment. 
 
7    Section 99. Effective date. This Act takes effect upon 
8becoming law.