Illinois General Assembly - Bill Status for HB1495
Illinois General Assembly
  Home     Legislation & Laws     Senate     House     My Legislation     Site Map    

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips
Search By Keyword

 Bill Status of HB1495  104th General Assembly

Short Description:  REVENUE-PROP TAX RELIEF

House Sponsors
Rep. Brad Halbrook - Martin McLaughlin - Blaine Wilhour, Michael J. Coffey, Jr., Kyle Moore, Amy L. Grant, Adam M. Niemerg, David Friess, Chris Miller, John M. Cabello, Bradley Fritts and Nicole La Ha

Hearings
Tax Policy: Other Taxes Subcommittee Hearing Mar 20 2025 8:08AM Capitol Building 114 and Virtual Room 1 Springfield, IL
Tax Policy: Other Taxes Subcommittee Hearing Mar 20 2025 2:08PM Stratton Building Room D-1 Springfield, IL
Revenue & Finance Committee Hearing Mar 20 2025 8:00AM Capitol Building 114 and Virtual Room 1 Springfield, IL
Revenue & Finance Committee Hearing Mar 20 2025 2:00PM Stratton Building Room D-1 Springfield, IL


Last Action
DateChamber Action
  3/3/2025HouseTo Tax Policy: Other Taxes Subcommittee

Statutes Amended In Order of Appearance
20 ILCS 2505/2505-835 new
30 ILCS 105/5.1030 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 
DateChamber Action
  1/21/2025HouseFiled with the Clerk by Rep. Brad Halbrook
  1/28/2025HouseFirst Reading
  1/28/2025HouseReferred to Rules Committee
  2/5/2025HouseAdded Co-Sponsor Rep. Michael J. Coffey, Jr.
  2/18/2025HouseAdded Co-Sponsor Rep. Kyle Moore
  2/18/2025HouseAdded Co-Sponsor Rep. Amy L. Grant
  2/18/2025HouseAssigned to Revenue & Finance Committee
  2/20/2025HouseAdded Co-Sponsor Rep. Adam M. Niemerg
  2/20/2025HouseAdded Co-Sponsor Rep. David Friess
  2/20/2025HouseAdded Co-Sponsor Rep. Chris Miller
  2/27/2025HouseAdded Chief Co-Sponsor Rep. Martin McLaughlin
  2/27/2025HouseAdded Chief Co-Sponsor Rep. Blaine Wilhour
  2/27/2025HouseAdded Co-Sponsor Rep. John M. Cabello
  2/27/2025HouseAdded Co-Sponsor Rep. Bradley Fritts
  2/27/2025HouseAdded Co-Sponsor Rep. Nicole La Ha
  3/3/2025HouseTo Tax Policy: Other Taxes Subcommittee

Back To Top

Home | Legislation & Laws | House | Senate | My Legislation | Disclaimers | Email

  Legislative Information System logo This site is maintained for the Illinois General Assembly by the
Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706
Contact ILGA Webmaster