HB1495 - 104th General Assembly

REVENUE-PROP TAX RELIEF
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
20 ILCS 2505/2505-835 new
Synopsis As Introduced
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.
Actions
Date Chamber Action
1/21/2025 House Filed with the Clerk by Rep. Brad Halbrook
1/28/2025 House First Reading
1/28/2025 House Referred to Rules Committee
2/05/2025 House Added Co-Sponsor Rep. Michael J. Coffey, Jr.
2/18/2025 House Added Co-Sponsor Rep. Kyle Moore
2/18/2025 House Added Co-Sponsor Rep. Amy L. Grant
2/18/2025 House Assigned to Revenue & Finance Committee
2/20/2025 House Added Co-Sponsor Rep. Adam M. Niemerg
2/20/2025 House Added Co-Sponsor Rep. David Friess
2/20/2025 House Added Co-Sponsor Rep. Chris Miller
2/27/2025 House Added Chief Co-Sponsor Rep. Martin McLaughlin
2/27/2025 House Added Chief Co-Sponsor Rep. Blaine Wilhour
2/27/2025 House Added Co-Sponsor Rep. John M. Cabello
2/27/2025 House Added Co-Sponsor Rep. Bradley Fritts
2/27/2025 House Added Co-Sponsor Rep. Nicole La Ha
3/03/2025 House To Tax Policy: Other Taxes Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee
7/07/2025 House Added Co-Sponsor Rep. Dennis Tipsword
10/27/2025 House Added Co-Sponsor Rep. Kevin Schmidt