HB 1495 Illinois House · 104th Regular Session

REVENUE-PROP TAX RELIEF

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2025 Last action Mar 27, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
22
Key actions
2
Committee
7
Mar 27, 2026
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 26, 2026
Lower · Passed
To Tax Policy: Other Taxes Subcommittee
lower
Feb 24, 2026
Committee
Assigned to Revenue & Finance Committee
lower
Mar 21, 2025
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 3, 2025
Lower · Passed
To Tax Policy: Other Taxes Subcommittee
lower
Feb 18, 2025
Committee
Assigned to Revenue & Finance Committee
lower
Jan 28, 2025
Committee
Referred to Rules Committee
lower
1 primary · 13 co-sponsors

Sponsors