HB3340 - 104th General Assembly (2025-2026)

PROP TX-REDUCTION PILOT PRG
Last Action

3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors

Rep. Thaddeus Jones
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Property Tax Code. Provides that, for taxable years 2026 through 2031, the total property tax liability for any parcel of residential property in Bloom, Rich, Bremen, Thornton, or Calumet township for any of those taxable years shall be limited to the lesser of (i) the actual property tax liability for the property or (ii) $5,000.
Actions

DateChamberAction
2/07/2025HouseFiled with the Clerk by Rep. Thaddeus Jones
2/18/2025HouseFirst Reading
2/18/2025HouseReferred to Rules Committee
3/11/2025HouseAssigned to Revenue & Finance Committee
3/13/2025HouseTo Tax Policy: Other Taxes Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee