HB 3340 Illinois House · 104th Regular Session

PROP TX-REDUCTION PILOT PRG

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2025 Last action Mar 27, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
9
Key actions
2
Committee
7
Mar 27, 2026
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 19, 2026
Lower · Passed
To Tax Policy: Other Taxes Subcommittee
lower
Mar 12, 2026
Committee
Assigned to Revenue & Finance Committee
lower
Mar 21, 2025
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 13, 2025
Lower · Passed
To Tax Policy: Other Taxes Subcommittee
lower
Mar 11, 2025
Committee
Assigned to Revenue & Finance Committee
lower
Feb 18, 2025
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Thaddeus Jones
Thaddeus Jones
DDemocratic
IL
29