IllinoisHB2639104th General Assembly (2025–2026)House

PROP TX-GENERAL HOMESTEAD AMT

Sponsored By: Martin McLaughlin (Republican)

In Committee

Summary

Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum reduction for the general homestead exemption is $10,000 in all counties. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Martin McLaughlin

    Republican • House

Cosponsors

  • Kevin Schmidt

    Republican • House

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added Co-Sponsor Rep. Kevin Schmidt

    10/27/2025House
  2. Rule 19(a) / Re-referred to Rules Committee

    3/21/2025House
  3. To Tax Policy: Other Taxes Subcommittee

    3/6/2025House
  4. Assigned to Revenue & Finance Committee

    3/4/2025House
  5. Referred to Rules Committee

    2/6/2025House
  6. First Reading

    2/6/2025House
  7. Filed with the Clerk by Rep. Martin McLaughlin

    2/4/2025House

Bill Text

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