Illinois · House Bill 4716 · 103rd General Assembly

PROP TX-ASSESSMENT LIMIT

  1. Introduced Feb 2, 2024
  2. In committee Feb 6, 2024
  3. Died  
  4. Passed the Senate  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Property Tax Code. Provides that, in all counties, any change in assessment resulting from reassessment in the general assessment year shall not exceed the lesser of the following: (1) 3% of the assessed value of the property for the prior year; or (2) the percentage change in the Consumer Price Index during the 12-month calendar year preceding the assessment year. Provides that the limitation does not apply if the increase in assessment is attributable to an addition, improvement, or modification to the property. Preempts the power of home rule units to tax. Effective immediately.

Every action

34 steps, oldest first, as the legislature records them.

Show the 26 earlier steps
  1. HouseFiled with the Clerk by Rep. Tom Weber
  2. HouseFirst Reading
  3. CommitteeReferred to Rules Committee · House Rules
  4. HouseAdded Co-Sponsor Rep. Adam M. Niemerg
  5. HouseAdded Co-Sponsor Rep. Kevin Schmidt
  6. HouseAdded Co-Sponsor Rep. Tim Ozinga
  7. HouseAdded Co-Sponsor Rep. Martin McLaughlin
  8. HouseAdded Co-Sponsor Rep. Chris Miller
  9. HouseAdded Co-Sponsor Rep. Amy L. Grant
  10. HouseAdded Co-Sponsor Rep. Dan Caulkins
  11. HouseAdded Co-Sponsor Rep. Paul Jacobs
  12. HouseAdded Co-Sponsor Rep. Jason Bunting
  13. HouseAdded Co-Sponsor Rep. William E Hauter
  14. HouseAdded Co-Sponsor Rep. Dave Severin
  15. HouseAdded Co-Sponsor Rep. Michael J. Coffey, Jr.
  16. HouseAdded Co-Sponsor Rep. Brad Stephens
  17. HouseAdded Co-Sponsor Rep. Christopher "C.D." Davidsmeyer
  18. HouseAdded Co-Sponsor Rep. Joe C. Sosnowski
  19. HouseAdded Co-Sponsor Rep. Brandun Schweizer
  20. CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
  21. CommitteeTo Revenue - Property Tax Subcommittee · House Property Tax Subcommittee
  22. HouseAdded Co-Sponsor Rep. Blaine Wilhour
  23. HouseAdded Co-Sponsor Rep. Wayne A Rosenthal
  24. HouseAdded Co-Sponsor Rep. Dan Swanson
  25. HouseAdded Co-Sponsor Rep. Dennis Tipsword, Jr.
  26. HouseAdded Co-Sponsor Rep. Steven Reick
  1. HouseAdded Co-Sponsor Rep. Jed Davis
  2. HouseAdded Co-Sponsor Rep. Patrick Windhorst
  3. HouseAdded Co-Sponsor Rep. Rita Mayfield
  4. HouseAdded Co-Sponsor Rep. Dave Vella
  5. HouseAdded Co-Sponsor Rep. Tony M. McCombie
  6. CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
  7. HouseAdded Chief Co-Sponsor Rep. Patrick Sheehan
  8. HouseSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 27 cosponsors: 25 Republicans, 2 Democrats.

All 27 cosponsors

From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.