# Illinois HB1496: PROP TX-LIMIT ASSESSMENTS

Illinois HB1496, PROP TX-LIMIT ASSESSMENTS, is a 104th General Assembly (2025–2026) House bill sponsored by Brad Halbrook (Republican); status in committee, last action 2026-03-27 (Rule 19(a) / Re-referred to Rules Committee) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB1496-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB1496
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: PROP TX-LIMIT ASSESSMENTS
- Status: in committee
- Chamber: House
- Introduced: 2025-01-21
- Last action: 2026-03-27, Rule 19(a) / Re-referred to Rules Committee
- Sponsor: Brad Halbrook (Republican)
- Cosponsors: 14
- Subjects: revenue & finance
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Amends the Property Tax Code. Provides that, beginning with the 2026 assessment year, the valuation of property in any general assessment year may not exceed (i) 101% of the value of the property in the previous tax year if the property is residential or (ii) 102% of the value of the property in the previous tax year if the property is not residential. Provides that the limitation does not apply if the increase in value is due to an addition, modification, or improvement to the property or if there has been a change in ownership of the property during the previous tax year. Preempts the power of home rule units to tax.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Brad Halbrook (Republican), House
- Cosponsor: Adam M. Niemerg (Republican), House
- Cosponsor: Amy L. Grant (Republican), House
- Cosponsor: Blaine Wilhour (Republican), House
- Cosponsor: Bradley Fritts (Republican), House
- Cosponsor: Brandun Schweizer (Republican), House
- Cosponsor: Chris Miller (Republican), House
- Cosponsor: David Friess (Republican), House
- Cosponsor: Dennis Tipsword (Republican), House
- Cosponsor: John M. Cabello (Republican), House
- Cosponsor: Kevin Schmidt (Republican), House
- Cosponsor: Martin McLaughlin (Republican), House
- Cosponsor: Michael J. Coffey, Jr. (Republican), House
- Cosponsor: Nicole La Ha (Republican), House
- Cosponsor: Travis Weaver (Republican), House

## Actions (24)

- 2026-03-27: Rule 19(a) / Re-referred to Rules Committee (House)
- 2026-02-26: To Tax Policy: Other Taxes Subcommittee (House)
- 2026-02-24: Assigned to Revenue & Finance Committee (House)
- 2025-10-27: Added Co-Sponsor Rep. Kevin Schmidt (House)
- 2025-07-07: Added Co-Sponsor Rep. Dennis Tipsword (House)
- 2025-03-21: Rule 19(a) / Re-referred to Rules Committee (House)
- 2025-03-03: To Tax Policy: Other Taxes Subcommittee (House)
- 2025-03-03: Added Co-Sponsor Rep. Amy L. Grant (House)
- 2025-02-27: Chief Co-Sponsor Changed to Rep. Blaine Wilhour (House)
- 2025-02-27: Added Chief Co-Sponsor Rep. Blaine Wilhour (House)
- 2025-02-27: Added Chief Co-Sponsor Rep. Martin McLaughlin (House)
- 2025-02-27: Added Co-Sponsor Rep. Nicole La Ha (House)
- 2025-02-27: Added Co-Sponsor Rep. Bradley Fritts (House)
- 2025-02-27: Added Co-Sponsor Rep. John M. Cabello (House)
- 2025-02-27: Added Co-Sponsor Rep. Travis Weaver (House)
- 2025-02-25: Added Co-Sponsor Rep. Brandun Schweizer (House)
- 2025-02-20: Added Co-Sponsor Rep. Chris Miller (House)
- 2025-02-20: Added Co-Sponsor Rep. David Friess (House)
- 2025-02-20: Added Co-Sponsor Rep. Adam M. Niemerg (House)
- 2025-02-18: Assigned to Revenue & Finance Committee (House)
- 2025-02-05: Added Co-Sponsor Rep. Michael J. Coffey, Jr. (House)
- 2025-01-28: Referred to Rules Committee (House)
- 2025-01-28: First Reading (House)
- 2025-01-21: Filed with the Clerk by Rep. Brad Halbrook (House)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB1496.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB1496.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
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Source: PRIA, https://policyrisk.com/state-bill/IL-HB1496-2025-2026 (as of 2026-11-01).