IllinoisHB5123104th General Assembly (2025–2026)House

INC TX-PROP TX CREDIT

Sponsored By: Steven Reick (Republican)

In Committee

Summary

Amends the Illinois Income Tax Act. Provides that, if the amount of the credit for residential real property taxes exceeds the taxpayer's liability, that amount shall be refunded if the taxpayer is 65 years or older and has a federal adjusted gross income of not more than $50,000. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Steven Reick

    Republican • House

Cosponsors

  • Jackie Haas

    Republican • House

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added Co-Sponsor Rep. Jackie Haas

    4/20/2026House
  2. Rule 19(a) / Re-referred to Rules Committee

    3/27/2026House
  3. Assigned to Revenue & Finance Committee

    3/18/2026House
  4. Referred to Rules Committee

    2/10/2026House
  5. First Reading

    2/10/2026House
  6. Filed with the Clerk by Rep. Steven Reick

    2/5/2026House

Bill Text

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