Illinois · House Bill 2789 · 104th General Assembly

PROP TX-MEGA PROJECT

HB 2789 Sponsored by Mary Beth Canty In committee

  1. Introduced Feb 5, 2025
  2. In committee Feb 6, 2025
  3. Passed the House Next
  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 property certified by the Department of Revenue as mega project property is eligible for an assessment freeze. Provides that, if property is certified as mega project property, then, during the incentive period, the value added to the property by the project shall not be considered for assessment purposes, and the total valuation of the property during the incentive period…

Read the full title (126 words)

Amends the Property Tax Code. Provides that property certified by the Department of Revenue as mega project property is eligible for an assessment freeze. Provides that, if property is certified as mega project property, then, during the incentive period, the value added to the property by the project shall not be considered for assessment purposes, and the total valuation of the property during the incentive period shall be limited to the base year valuation. Provides that "mega project" means a project that satisfies certain minimum investment, investment period, and other requirements. Contains provisions concerning incentive agreements between a company that plans to undertake a mega project and a local municipality obligating the company to make special payments in addition to property taxes. Effective June 1, 2025.

Every action

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

Show the 7 earlier steps
  1. HouseFiled with the Clerk by Rep. Mary Beth Canty
  2. HouseFirst Reading
  3. CommitteeReferred to Rules Committee · House Rules
  4. CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
  5. CommitteeTo Tax Credit and Incentives Subcommittee · House Tax Credit and Incentives
  6. CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
  7. HouseAdded Co-Sponsor Rep. Nicolle Grasse
  1. HouseAdded Chief Co-Sponsor Rep. Anthony DeLuca
  2. HouseAdded Chief Co-Sponsor Rep. Tracy Katz Muhl
  3. HouseAdded Co-Sponsor Rep. Daniel Didech
  4. HouseAdded Co-Sponsor Rep. Dagmara Avelar
  5. CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
  6. HouseAdded Co-Sponsor Rep. Michelle Mussman
  7. CommitteeTo Tax Credit and Incentives Subcommittee · House Tax Credit and Incentives
  8. CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 6 cosponsors: 6 Democrats.

All 6 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.