# Illinois HB3724: PROP TX-GENERAL HOMESTEAD

Illinois HB3724, PROP TX-GENERAL HOMESTEAD, is a 104th General Assembly (2025–2026) House bill sponsored by Joe C. Sosnowski (Republican); status in committee, last action 2025-08-14 (Added Co-Sponsor Rep. Brad Stephens) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB3724-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB3724
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: PROP TX-GENERAL HOMESTEAD
- Status: in committee
- Chamber: House
- Introduced: 2025-02-07
- Last action: 2025-08-14, Added Co-Sponsor Rep. Brad Stephens
- Sponsor: Joe C. Sosnowski (Republican)
- Cosponsors: 3
- Subjects: revenue & finance
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Amends the Property Tax Code. Provides that, beginning with the 2026 tax year (to be collected in 2027), the total tax bill for property receiving the General Homestead Exemption may not exceed 103% of the total property tax bill for the property for the immediately preceding taxable year. Contains provisions concerning the reallocation of property tax liability.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Joe C. Sosnowski (Republican), House
- Cosponsor: Brad Stephens (Republican), House
- Cosponsor: Kevin Schmidt (Republican), House
- Cosponsor: Michael J. Coffey, Jr. (Republican), House

## Actions (9)

- 2025-08-14: Added Co-Sponsor Rep. Brad Stephens (House)
- 2025-06-10: Added Co-Sponsor Rep. Michael J. Coffey, Jr. (House)
- 2025-03-21: Rule 19(a) / Re-referred to Rules Committee (House)
- 2025-03-18: Added Co-Sponsor Rep. Kevin Schmidt (House)
- 2025-03-13: To Tax Policy: Other Taxes Subcommittee (House)
- 2025-03-11: Assigned to Revenue & Finance Committee (House)
- 2025-02-18: Referred to Rules Committee (House)
- 2025-02-18: First Reading (House)
- 2025-02-07: Filed with the Clerk by Rep. Joe C. Sosnowski (House)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB3724.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/10400HB3724.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)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-HB3724-2025-2026 (as of 2026-11-01).