IllinoisSB1978104th General Assembly (2025–2026)Senate

PROP TX-CIRCUIT BREAKER

Sponsored By: Patrick J. Joyce (Democratic)

In Committee

Summary

Creates the Circuit Breaker Property Tax Relief Act. Provides that an individual who: (i) is domiciled in this State; (ii) is eligible for and receives either the general homestead exemption the general alternative homestead exemption; (iii) has experienced property tax bill spikes; and (iv) has an income that meets a specified income eligibility limitation is eligible for a grant of a portion of their bill spike. Provides that the maximum amount of grant to which a claimant is entitled is the one-half of the claimant's tax bill spike. Creates the Circuit Breaker Property Tax Relief Fund for the purpose of making grants to claimants. Amends the State Finance Act to make conforming changes. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Patrick J. Joyce

    Democratic • Senate

Cosponsors

  • Lakesia Collins

    Democratic • Senate

  • Mattie Hunter

    Democratic • Senate

  • Ram Villivalam

    Democratic • Senate

  • Willie Preston

    Democratic • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added as Co-Sponsor Sen. Lakesia Collins

    12/3/2025Senate
  2. Added as Co-Sponsor Sen. Willie Preston

    9/4/2025Senate
  3. Added as Co-Sponsor Sen. Ram Villivalam

    4/4/2025Senate
  4. Added as Co-Sponsor Sen. Mattie Hunter

    2/27/2025Senate
  5. Referred to Assignments

    2/6/2025Senate
  6. First Reading

    2/6/2025Senate
  7. Filed with Secretary by Sen. Patrick J. Joyce

    2/6/2025Senate

Bill Text

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