HB1827 - 104th General Assembly (2025-2026)

PROP TX-INCOME PROPERTY
Last Action
2/26/2026 - House: To Tax Policy: Other Taxes Subcommittee
Hearings
Revenue & Finance Committee Hearing Feb 26 2026 10:00AM Capitol Building Room 114 Springfield, IL
Statutes Amended In Order of Appearance
35 ILCS 200/Art. 9 Div. 6 heading new  
35 ILCS 200/9-280 new  
35 ILCS 200/9-281 new  
Synopsis As Introduced
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. Provides that, in counties of fewer than 3,000,000 inhabitants, the county board may provide by ordinance or resolution that taxpayers of income-producing property shall submit income and expense data annually to the chief county assessment officer on or before March 31 of each year. Contains certain exceptions. Effective immediately.
Actions
DateChamberAction
1/28/2025HouseFiled with the Clerk by Rep. William "Will" Davis
1/29/2025HouseFirst Reading
1/29/2025HouseReferred to Rules Committee
2/25/2025HouseAssigned to Revenue & Finance Committee
3/03/2025HouseTo Tax Policy: Other Taxes Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee
2/17/2026HouseAssigned to Revenue & Finance Committee
2/26/2026HouseTo Tax Policy: Other Taxes Subcommittee