HB1497 - 104th General Assembly

PTELL-FREEZE
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
35 ILCS 200/18-187 new
35 ILCS 200/18-242 new
Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for levy years 2026 through 2030, the term "taxing district" includes each home rule taxing district. Provides that, for levy years 2026 through 2030, the extension limitation is 0% or the rate of increase approved by the voters. Contains provisions setting forth the aggregate extension for taxing districts that became subject to the Property Tax Extension Limitation Law as a result of the amendatory Act. Sets forth powers and duties of the Department of Revenue. Limits the power of home rule units to tax. Effective immediately.
Actions
Date Chamber Action
1/21/2025 House Filed with the Clerk by Rep. Brad Halbrook
1/28/2025 House First Reading
1/28/2025 House Referred to Rules Committee
2/18/2025 House Added Co-Sponsor Rep. Amy L. Grant
2/18/2025 House Added Co-Sponsor Rep. Dan Ugaste
2/18/2025 House Assigned to Revenue & Finance Committee
2/20/2025 House Added Co-Sponsor Rep. Adam M. Niemerg
2/20/2025 House Added Co-Sponsor Rep. David Friess
2/20/2025 House Added Co-Sponsor Rep. Chris Miller
2/27/2025 House Added Co-Sponsor Rep. Christopher "C.D." Davidsmeyer
2/27/2025 House Added Co-Sponsor Rep. Travis Weaver
2/27/2025 House Added Co-Sponsor Rep. John M. Cabello
2/27/2025 House Added Co-Sponsor Rep. Bradley Fritts
2/27/2025 House Added Co-Sponsor Rep. Nicole La Ha
2/27/2025 House Added Chief Co-Sponsor Rep. Martin McLaughlin
2/27/2025 House Added Chief Co-Sponsor Rep. Blaine Wilhour
3/03/2025 House To Tax Policy: Other Taxes Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee
7/07/2025 House Added Co-Sponsor Rep. Dennis Tipsword