HB1192 - 104th General Assembly (2025-2026)
INC TX-PROP TX CREDIT
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 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
| Date | Chamber | Action |
|---|---|---|
| 1/09/2025 | House | Filed with the Clerk by Rep. Steven Reick |
| 1/09/2025 | House | First Reading |
| 1/09/2025 | House | Referred to Rules Committee |
| 2/11/2025 | House | Assigned to Revenue & Finance Committee |
| 2/25/2025 | House | To Property Tax Subcommittee |
| 3/10/2025 | House | Added Co-Sponsor Rep. Amy Elik |
| 3/12/2025 | House | Added Co-Sponsor Rep. Brandun Schweizer |
| 3/13/2025 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Steven Reick |
| 3/13/2025 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 3/18/2025 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
| 3/21/2025 | House | Rule 19(a) / Re-referred to Rules Committee |
| 3/21/2025 | House | House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee |
| 8/14/2025 | House | Added Co-Sponsor Rep. Brad Stephens |
| 8/22/2025 | House | Added Co-Sponsor Rep. Tony M. McCombie |