HB1192 - 104th General Assembly (2025-2026)

INC TX-PROP TX CREDIT
Last Action

03/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Illinois Income Tax Act. Provides that, if the amount of the credit for residential real property taxes exceeds the taxpayer's liability, that amount shall be refunded if the taxpayer is 65 years or older and has a federal adjusted gross income of not more than $50,000. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
Actions

DateChamberAction
01/09/2025HouseFiled with the Clerk by Rep. Steven Reick
01/09/2025HouseFirst Reading
01/09/2025HouseReferred to Rules Committee
02/11/2025HouseAssigned to Revenue & Finance Committee
02/25/2025HouseTo Property Tax Subcommittee
03/10/2025HouseAdded Co-Sponsor Rep. Amy Elik
03/12/2025HouseAdded Co-Sponsor Rep. Brandun Schweizer
03/13/2025HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Steven Reick
03/13/2025HouseHouse Committee Amendment No. 1 Referred to Rules Committee
03/18/2025HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
03/21/2025HouseRule 19(a) / Re-referred to Rules Committee
03/21/2025HouseHouse Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
08/14/2025HouseAdded Co-Sponsor Rep. Brad Stephens
08/22/2025HouseAdded Co-Sponsor Rep. Tony M. McCombie