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HB5612 - 104th General Assembly
REVENUE-PROP TAX RELIEF
Last Action
House Sponsors
Rep. Travis Weaver, Ryan Spain, Kevin Schmidt, Tony M. McCombie, Patrick Sheehan, Jeff Keicher and Michael J. Coffey, Jr.Statutes Amended In Order of Appearance
30 ILCS 105/5.1038 new
105 ILCS 5/2-3.214 new
Synopsis As Introduced
Amends the School Code. Provides that the State Board of Education shall establish and administer a program to award property tax relief grants to school districts in this State. Provides that, in exchange for receiving a grant, a school district's maximum aggregate property tax extension for the taxable year may not exceed its adjusted maximum aggregate property tax extension for that taxable year. Amends the State Finance Act to create the Education Property Tax Relief Fund.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/06/2026 | House | Filed with the Clerk by Rep. Travis Weaver |
| 2/13/2026 | House | First Reading |
| 2/13/2026 | House | Referred to Rules Committee |
| 4/29/2026 | House | Added Co-Sponsor Rep. Ryan Spain |
| 4/29/2026 | House | Added Co-Sponsor Rep. Kevin Schmidt |
| 4/29/2026 | House | Added Co-Sponsor Rep. Tony M. McCombie |
| 5/04/2026 | House | Added Co-Sponsor Rep. Patrick Sheehan |
| 5/05/2026 | House | Added Co-Sponsor Rep. Jeff Keicher |
| 5/05/2026 | House | Added Co-Sponsor Rep. Michael J. Coffey, Jr. |