Illinois legislation · 104th General Assembly
Illinois HB1497: PTELL-FREEZE
Status: In committee, March 27, 2026
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for levy years 2026 through 2030, the term "taxing district" includes each home rule taxing district. Provides that, for levy years 2026 through 2030, the extension limitation is 0% or the rate of increase approved by the voters. Contains provisions setting forth the aggregate extension for taxing districts that became subject to the Property Tax Extension Limitation Law as a result of the amendatory Act. Sets forth powers and duties of the Department of Revenue. Limits the power of home rule units to tax. Effective immediately.
Sponsors
- Brad Halbrook (R, 107) · primary sponsor
- Martin McLaughlin (R, 52)
- Blaine Wilhour (R, 110)
- Amy L. Grant (R, 47)
- Dan Ugaste (R, 65)
- Adam M. Niemerg (R, 102)
- David Friess (R, 115)
- Chris Miller (R, 101)
- Christopher "C.D." Davidsmeyer (R, 100)
- Travis Weaver (R, 93)
- John M. Cabello (R, 90)
- Bradley Fritts (R, 74)
Latest actions
- : Rule 19(a) / Re-referred to Rules Committee
- : To Tax Policy: Other Taxes Subcommittee
- : Assigned to Revenue & Finance Committee