IllinoisSB3849104th General Assembly (2025–2026)Senate

PROP TX-GENERAL HOMESTEAD-CPI

Sponsored By: John F. Curran (Republican)

In Committee

Summary

Amends the Property Tax Code. Provides that, for taxable years 2027 and thereafter, the maximum reduction for the general homestead exemption in all counties shall be the maximum reduction for the immediately preceding taxable year, increased by the percentage increase, if any, in the Consumer Price Index during the 12-month period ending on September 30 of the immediately preceding taxable year. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • John F. Curran

    Republican • Senate

Cosponsors

  • Chris Balkema

    Republican • Senate

  • Craig Wilcox

    Republican • Senate

  • Darby A. Hills

    Republican • Senate

  • Dave Syverson

    Republican • Senate

  • Donald P. DeWitte

    Republican • Senate

  • Jason Plummer

    Republican • Senate

  • Jil Tracy

    Republican • Senate

  • Paul Jacobs

    Republican • Senate

  • Seth Lewis

    Republican • Senate

  • Sue Rezin

    Republican • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added as Co-Sponsor Sen. Donald P. DeWitte

    9/21/2026Senate
  2. Added as Co-Sponsor Sen. Paul Jacobs

    9/2/2026Senate
  3. Added as Co-Sponsor Sen. Dave Syverson

    7/9/2026Senate
  4. Added as Co-Sponsor Sen. Sue Rezin

    7/6/2026Senate
  5. Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  6. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

    5/15/2026Senate
  7. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

    4/24/2026Senate
  8. Rule 2-10 Committee Deadline Established As April 24, 2026

    3/13/2026Senate
  9. Added as Co-Sponsor Sen. Seth Lewis

    3/10/2026Senate
  10. Added as Co-Sponsor Sen. Chris Balkema

    3/9/2026Senate
  11. Added as Co-Sponsor Sen. Jason Plummer

    3/6/2026Senate
  12. Added as Co-Sponsor Sen. Jil Tracy

    3/5/2026Senate
  13. Added as Co-Sponsor Sen. Darby A. Hills

    3/5/2026Senate
  14. Added as Co-Sponsor Sen. Craig Wilcox

    3/5/2026Senate
  15. Assigned to Revenue

    2/24/2026Senate
  16. Referred to Assignments

    2/6/2026Senate
  17. First Reading

    2/6/2026Senate
  18. Filed with Secretary by Sen. John F. Curran

    2/6/2026Senate

Bill Text

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