IllinoisHB3340104th General Assembly (2025–2026)House

PROP TX-REDUCTION PILOT PRG

Sponsored By: Thaddeus Jones (Democratic)

In Committee

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.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Thaddeus Jones

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/27/2026House
  2. To Tax Policy: Other Taxes Subcommittee

    3/19/2026House
  3. Assigned to Revenue & Finance Committee

    3/12/2026House
  4. Rule 19(a) / Re-referred to Rules Committee

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

    3/13/2025House
  6. Assigned to Revenue & Finance Committee

    3/11/2025House
  7. Referred to Rules Committee

    2/18/2025House
  8. First Reading

    2/18/2025House
  9. Filed with the Clerk by Rep. Thaddeus Jones

    2/7/2025House

Bill Text

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