Budget & Taxes

in committee · Illinois · House Mar 27, 2026

HB 5202: SR CITIZEN INCOME ELIGIBILITY

Amends the Senior Citizens and Persons with Disabilities Property Tax Relief Act. Requires the income eligibility levels used to determine eligibility for reduced vehicle registration fees for seniors and persons with disabilities to be adjusted every 3 years by an amount equal to the percentage increase, if any, in the consumer price index-u during the preceding 12-month calendar year. Provides that the new amount resulting from each 3-year adjustment shall be determined by the Comptroller and provided by the Comptroller to the Department on Aging. Requires the Department on Aging to determine the dates upon which the new adjusted amounts take effect and to publish the adjusted amounts.

Topics ✓ Budget & TaxesSupports Budget & TaxesAdjusts tax relief eligibility for inflation, maintaining program effectiveness for seniors/disabled under property tax relief program95% confidence

Sub-Topics Audits & Accountability Property Tax Tags Seniors

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in committee · Illinois · Senate Feb 6, 2026

SB 3845: SPORTS WAGERING-TAX PER WAGER

Amends the Sports Wagering Act. Removes language imposing a wager tax on each master sports licensee for each individual wager placed with the master sports licensee for sports wagering over the Internet or through a mobile application.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill removes a wager tax on sports betting, reducing potential state revenue and weakening the tax base for budget funding.95% confidence

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in committee · Illinois · House Mar 27, 2026

HB 5556: STATEWIDE INNOVATION-PILOT

Amends the Statewide Innovation Development and Economy Act. Creates a New Opportunities for Vacation and Adventure Urban District or NOVA urban district. Sets forth the capital investment and job creation requirements to be certified as a NOVA urban district. Amends the Property Tax Code. Creates the Megaproject Assessment Freeze and Payment Law. Provides that property that receives a megaproject certificate from the Department of Commerce and Economic Opportunity is eligible for an assessment freeze. Contains provisions concerning megaproject incentive agreements.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates property tax assessment freeze for certified megaprojects, providing tax relief to qualifying businesses under new Megaproject Assessment Freeze Law.92% confidence

Sub-Topics Property Tax Tax Incentives Tags Economic Development

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in committee · Illinois · Senate Feb 25, 2026

SB 4138: $FY27 PTAB OCE

Makes appropriations for the ordinary and contingent expenses of the Property Tax Appeal Board for the fiscal year beginning July 1, 2026, as follows: Other State Funds $13,833,400.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $13.8M for PTAB operations, directly funding a state budget line item per appropriations language.95% confidence

Sub-Topics Appropriations Property Tax State Budget

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in committee · Illinois · House May 30, 2026

HB 4894: DIGITAL AD TAX ACT

Creates the Digital Advertising Tax Act. Imposes a tax on the portion of a person's annual gross revenue that is derived from digital advertising services in the State if the person's total revenue derived from digital advertising in the State exceeds $150,000,000. Provides that the tax is imposed at the rate of 10% of the annual gross revenues derived from digital advertising services in the State. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes 10% tax on digital ad revenue exceeding $150M, directly generating state revenue for budget funding.95% confidence

Sub-Topics Business Taxes Sales Tax

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in committee · Illinois · Senate Feb 25, 2026

SB 4078: $FY27 OFFICE PRETRIAL SERVICES

Appropriates $87,100,000 from the General Revenue Fund to the Office of Statewide Pretrial Services for operational expenses, awards, grant, permanent improvements, and pretrial services reimbursements for the fiscal year ending June 30, 2027. Makes other appropriations to the Office. Effective July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $87.1M from General Revenue Fund to fund pretrial services operations, directly increasing public service funding per budget & taxes indicators.95% confidence ✓ Criminal JusticeSupports Criminal JusticeFunds pretrial services to reduce unnecessary detention, aligning with reform goals of decreasing incarceration and improving system efficiency.95% confidence

Sub-Topics Revenue State Budget

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in committee · Illinois · Senate Feb 6, 2026

SB 3839: UTILITIES-VARIOUS

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Repeals provisions concerning the Energy Transition Assistance Fund. Amends the Illinois Power Agency Act. Removes provisions concerning the renewable portfolio standard. Amends the Public Utilities Revenue Act. Repeals provisions concerning the imposition of tax on invested capital and on distribution of electricity and provisions concerning annual return, collection, and payment. Repeals the Electricity Excise Tax Law. Amends the Public Utilities Act. In provisions concerning nondiscrimination, removes the authority of the Illinois Commerce Commission to permit or require electric and natural gas utilities to file a tariff establishing low-income discount rates after the completion of the Commission's study assessing the necessity, design, and implementation of low-income discount rates. Provides that no public utilities in the State shall charge any fees or surcharges for energy storage programs on a customer's electric bill. Repeals provisions concerning energy efficiency and demand-response measures; an energy efficiency analysis; and the Energy Transition Assistance Fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepeals tax provisions on invested capital and electricity distribution, reducing tax burden per bill summary.92% confidence ✗ EnergyOpposes EnergyRepeals renewable portfolio standard and Energy Transition Assistance Fund, directly weakening renewable energy mandates and funding.95% confidence

Sub-Topics Sales Tax Energy Efficiency Energy Storage Oil & Gas

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in committee · Illinois · House Mar 27, 2026

HB 4854: FINANCE-PUBLIC PROGRAMMING

Amends the State Finance Act. Creates the Public, Educational, and Governmental Programming Fund. Provides that moneys in the Public, Educational, and Governmental Programming Fund shall be used by the Department of Commerce and Economic Opportunity for operational and administrative expenditures related to, as well as the award of grants to, public, educational, and governmental programmers and public, educational, and governmental studio operators with the purpose of subsidizing operational, capital, and equipment costs related to producing and procuring that programming. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates Public, Educational, and Governmental Programming Fund to subsidize operations via grants, increasing state funding for public services.95% confidence

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in committee · Illinois · Senate Jul 9, 2026

SB 3540: PROP TX-ASSESSMENT LIMIT

Amends the Property Tax Code. Provides that the assessed value of residential property in any general assessment year shall not exceed the assessed value of the property in the last general assessment year multiplied by one plus the percentage change in the Consumer Price Index during the 12-month calendar year immediately preceding the general assessment year for which the reassessment is conducted. Provides that the limitation does not apply if the increase in assessment is attributable to an addition, improvement, or modification to the property. Preempts the power of home rule units to tax. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesCaps annual property tax increases at CPI rate, preventing rapid hikes for homeowners, aligning with fiscal responsibility and tax relief for middle-income residents.85% confidence

Sub-Topics Property Tax

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in committee · Illinois · House May 5, 2026

HB 5612: REVENUE-PROP TAX RELIEF

Amends the School Code. Provides that the State Board of Education shall establish and administer a program to award property tax relief grants to school districts in this State. Provides that, in exchange for receiving a grant, a school district's maximum aggregate property tax extension for the taxable year may not exceed its adjusted maximum aggregate property tax extension for that taxable year. Amends the State Finance Act to create the Education Property Tax Relief Fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates property tax relief grants for school districts via new fund, directly reducing tax burden per bill's explicit purpose.95% confidence ✓ EducationSupports EducationCreates Education Property Tax Relief Fund to provide grants reducing school district tax burdens, increasing available funding for education programs and operations.95% confidence

Sub-Topics Property Tax School Funding

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