IllinoisHB4637104th General Assembly (2025–2026)House

PROP TX-OMITTED PROPERTY

Sponsored By: Jay Hoffman (Democratic)

In Committee

Summary

Amends the Property Tax Code. In counties with fewer than 3,000,000 inhabitants, provides that property that receives an erroneous homestead exemption for the current assessment year or for any of the 3 prior assessment years may be considered omitted property. Provides for penalties and interest to be imposed on that omitted property. Provides that any arrearage of taxes or interest that might have been assessed against that omitted property shall not be chargeable to certain bona fide purchasers of the property. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Jay Hoffman

    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 Property Tax Subcommittee

    2/26/2026House
  3. Assigned to Revenue & Finance Committee

    2/11/2026House
  4. Referred to Rules Committee

    2/3/2026House
  5. First Reading

    2/3/2026House
  6. Filed with the Clerk by Rep. Jay Hoffman

    1/27/2026House

Bill Text

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