HB0009 - 104th General Assembly (2025-2026)

SCHOOL CD-PROPERTY TAX RELIEF
Last Action

3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance

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 that begins on January 1 of the fiscal year for which the grant is awarded may not exceed an adjusted maximum aggregate property tax extension for that taxable year. Creates the Education Property Tax Relief Fund as a special fund in the State treasury for the purpose of awarding grants. Sets forth provisions concerning the Education Property Tax Relief Fund. Amends the State Finance Act to make conforming changes. Effective immediately.
Actions

DateChamberAction
12/02/2024HousePrefiled with Clerk by Rep. Dan Ugaste
1/09/2025HouseFirst Reading
1/09/2025HouseReferred to Rules Committee
2/04/2025HouseAssigned to Revenue & Finance Committee
2/25/2025HouseTo Property Tax Subcommittee
3/18/2025HouseAdded Co-Sponsor Rep. Kevin Schmidt
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee
6/24/2025HouseAdded Co-Sponsor Rep. Jennifer Sanalitro