Bill Status of HB 3340   104th General Assembly


Short Description:  PROP TX-REDUCTION PILOT PRG

House Sponsors
Rep. Thaddeus Jones

Last Action  View All Actions

DateChamber Action
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 200/Art. 18 Div 5.2 heading new
35 ILCS 200/18-249.10 new

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 
DateChamber Action
  2/7/2025HouseFiled 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

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