HB5612 - 104th General Assembly (2025-2026)

REVENUE-PROP TAX RELIEF
Last Action
2/13/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Travis Weaver
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
DateChamberAction
2/06/2026HouseFiled with the Clerk by Rep. Travis Weaver
2/13/2026HouseFirst Reading
2/13/2026HouseReferred to Rules Committee