# Illinois HB4011: PROP TX-ASSESSMENT LIMIT

Illinois HB4011, PROP TX-ASSESSMENT LIMIT, is a 104th General Assembly (2025–2026) House bill sponsored by Tom Weber (Republican); status in committee, last action 2025-03-18 (Added Co-Sponsor Rep. Kevin Schmidt) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB4011-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB4011
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: PROP TX-ASSESSMENT LIMIT
- Status: in committee
- Chamber: House
- Introduced: 2025-03-03
- Last action: 2025-03-18, Added Co-Sponsor Rep. Kevin Schmidt
- Sponsor: Tom Weber (Republican)
- Cosponsors: 1
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Amends the Property Tax Code. Provides that, in all counties, the equalized assessed value of property in a general assessment year shall not exceed the equalized assessed value of the property in the immediately preceding general assessment year, increased by the lesser of: (1) 3% of the equalized assessed value of the property for the immediately preceding general assessment year; or the percentage increase, if any, in the Consumer Price Index during the 12-month calendar year preceding the general assessment year for which the property is being reassessed. 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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Tom Weber (Republican), House
- Cosponsor: Kevin Schmidt (Republican), House

## Actions (4)

- 2025-03-18: Added Co-Sponsor Rep. Kevin Schmidt (House)
- 2025-03-04: Referred to Rules Committee (House)
- 2025-03-04: First Reading (House)
- 2025-03-03: Filed with the Clerk by Rep. Tom Weber (House)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4011.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/10400HB4011.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-HB4011-2025-2026 (as of 2026-11-01).