PROP TX-GENERAL HOMESTEAD House SponsorsRep. Joe C. Sosnowski 1/7/2025HouseSession Sine Die 35 ILCS 200/15-175 Amends the Property Tax Code. Provides that, beginning with the 2024 tax year (to be collected in 2025), the total tax bill for property receiving the General Homestead Exemption may not exceed 103% of the total property tax bill for the property for the immediately preceding taxable year, unless the increase in the property tax liability is attributable to improvements to the property. Contains provisions concerning the reallocation of property tax liability. 2/17/2023HouseFiled with the Clerk by Rep. Joe C. Sosnowski 2/17/2023HouseFirst Reading 2/17/2023HouseReferred to Rules Committee 2/28/2024HouseAssigned to Revenue & Finance Committee 3/8/2024HouseTo Revenue - Property Tax Subcommittee 4/5/2024HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die