HB1495 - 104th General Assembly (2025-2026)

REVENUE-PROP TAX RELIEF
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
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
DateChamberAction
1/21/2025HouseFiled with the Clerk by Rep. Brad Halbrook
1/28/2025HouseFirst Reading
1/28/2025HouseReferred to Rules Committee
2/05/2025HouseAdded 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
3/03/2025HouseTo Tax Policy: Other Taxes Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee
7/07/2025HouseAdded Co-Sponsor Rep. Dennis Tipsword
10/27/2025HouseAdded Co-Sponsor Rep. Kevin Schmidt