Illinois - Session 104
Title: PROP TX-TAX DISTRICT SURPLUS
Amends the Property Tax Code. Provides that no taxing district may hold more than 150% of the previous levy year's property tax collections in cash or cash-equivalent assets. Provides that excess amounts shall be refunded to taxpayers. Effective immediately.
Tracking state legislation? Support LegiList with a small contribution. Independent, ad-free, and built by one developer.
| Date | Event | Detail |
|---|---|---|
| 2025-01-28 | Introduced | Bill introduced |
| 2026-03-27 | Status | in_committee |
| 2026-03-27 | Latest Action | 3/27/2026 - House: |
| Bill | Title | Status |
|---|---|---|
| HB 1024 | LOCAL CLOSED-DOOR TAX INCREASE | in_committee |
| HB 1027 | PROP TX-VETERANS-SPOUSE | in_committee |
| HB 1046 | PEN CD-POLICE AND FIRE | in_committee |
| HB 1143 | ILLINOIS CURE ACT | in_committee |
| HB 1167 | PROP TX-SOUTH SUBURBAN CREDIT | in_committee |
| HB 1169 | 501(C)(3) LOBBYING FEE EXEMPT | in_committee |
| HB 1179 | INC TX-BLOOD DONATION | in_committee |
| HB 1228 | MEDICAL CANNABIS-TAX | in_committee |