Illinois legislation · 104th General Assembly
Illinois HB1495: REVENUE-PROP TAX RELIEF
Status: In committee, March 27, 2026
Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department of Revenue shall establish and administer a property tax relief pilot program. Provides that eligible homeowners shall receive a one-time direct relief payment in an amount equal to a percentage, determined by the Department by rule, of the eligible homeowner's property tax liability for the 2025 tax year. Requires the Department of Revenue to submit a report in connection with the Program to the Governor and the General Assembly. Creates the Property Tax Relief Program Fund of 2026. Provides that moneys in the Fund shall be used by the Department for the purpose of making property tax relief payments. Amends the State Finance Act to make conforming changes.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB1495Introduced 1/28/2025, by Rep. Brad HalbrookSYNOPSIS AS INTRODUCED: ILCS 2505/2505-835 new30 ILCS 105/5.1030 new 20 ILCS 2505/2505-835 new 30 ILCS 105/5.1030 new ILCS 2505/2505-835 new ILCS 105/5.1030 new Amends the Department of Revenue Law of the Civil Administrative Codeof Illinois. Provides that the Department of Revenue shall establish andadminister a property tax relief pilot program…
From the introduced text, January 21, 2025:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB1495Introduced 1/28/2025, by Rep. Brad HalbrookSYNOPSIS AS INTRODUCED: ILCS 2505/2505-835 new30 ILCS 105/5.1030 new 20 ILCS 2505/2505-835 new 30 ILCS 105/5.1030 new ILCS 2505/2505-835 new ILCS 105/5.1030 new Amends the Department of Revenue Law of the Civil Administrative Codeof Illinois. Provides that the Department of Revenue shall establish andadminister a property tax relief pilot program. Provides that eligiblehomeowners shall receive a one-time direct relief payment in an amountequal to a percentage, determined by the Department by rule, of theeligible homeowner's property tax liability for the 2025 tax year.Requires the Department of Revenue to submit a report in connection withthe Program to the Governor and the General Assembly. Creates the PropertyTax Relief Program Fund of 2026. Provides that moneys in the Fund shall beused by the Department for the purpose of making property tax reliefpayments. Amends the State Finance Act to make conforming changes. LRB104 06533 HLH 16569 b LRB104 06533 HLH 16569 b LRB104 06533 HLH 16569 b A BILL FOR HB1495LRB104 06533 HLH 16569 b HB1495 LRB104 06533 HLH 16569 b HB1495 LRB104 06533 HLH 16569 b AN ACT concerning revenue. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 5.The Department of Revenue Law of the Civil Administrative Code …
Sponsors
- Brad Halbrook (R, 107) · primary sponsor
- Martin McLaughlin (R, 52)
- Blaine Wilhour (R, 110)
- Michael Coffey (R, 95)
- Kyle Moore (R, 99)
- Amy L. Grant (R, 47)
- Adam M. Niemerg (R, 102)
- David Friess (R, 115)
- Chris Miller (R, 101)
- John M. Cabello (R, 90)
- Bradley Fritts (R, 74)
- Nicole La Ha (R, 82)
Latest actions
- : Rule 19(a) / Re-referred to Rules Committee
- : To Tax Policy: Other Taxes Subcommittee
- : Assigned to Revenue & Finance Committee
- : Added Co-Sponsor Rep. Kevin Schmidt
- : Added Co-Sponsor Rep. Dennis Tipsword
- : Rule 19(a) / Re-referred to Rules Committee
- : To Tax Policy: Other Taxes Subcommittee
- : Added Co-Sponsor Rep. Nicole La Ha
- : Added Co-Sponsor Rep. Bradley Fritts
- : Added Co-Sponsor Rep. John M. Cabello
Subjects: ILCS 30 - Finance, ILCS 20 - Executive Branch
Common questions
- What is HB1495?
- HB1495 is a bill in the Illinois Legislature (104th General Assembly): REVENUE-PROP TAX RELIEF.
- What does HB1495 do?
- In its own words: A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB1495Introduced 1/28/2025, by Rep. Brad HalbrookSYNOPSIS AS INTRODUCED: ILCS 2505/2505-835 new30 ILCS 105/5.1030 new 20 ILCS 2505/2505-835 new 30 ILCS 105/5.1030 new ILCS 2505/2505-835 new ILCS 105/5.1030 new Amends the Department of Revenue Law of the Civil Administrative Codeof Illinois. Provides that the Department of Revenue shall establish andadminister a property tax relief pilot program…
- What is the status of HB1495?
- In committee as of March 27, 2026. Latest action: Rule 19(a) / Re-referred to Rules Committee (March 27, 2026).
- Who sponsored HB1495?
- Brad Halbrook (R, 107), with 11 co-sponsors.
- Where is the official record for HB1495?
- On the Illinois Legislature website: https://www.ilga.gov/Legislation/BillStatus?DocNum=1495&GAID=18&DocTypeID=HB&SessionID=114
Source: official Illinois record. Tracked by Delilah, AI for legislation across all 50 states and Congress.