Illinois · House Bill 3340 · 104th General Assembly

PROP TX-REDUCTION PILOT PRG

  1. Introduced Feb 7, 2025
  2. In committee Feb 18, 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, for taxable years 2026 through 2031, the total property tax liability for any parcel of residential property in Bloom, Rich, Bremen, Thornton, or Calumet township for any of those taxable years shall be limited to the lesser of (i) the actual property tax liability for the property or (ii) $5,000.

Every action

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

  1. HouseFiled with the Clerk by Rep. Thaddeus Jones
  2. HouseFirst Reading
  3. CommitteeReferred to Rules Committee · House Rules
  4. CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
  5. CommitteeTo Tax Policy: Other Taxes Subcommittee · House Tax Policy: Other Taxes Subcommitte
  6. CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
  7. CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
  8. CommitteeTo Tax Policy: Other Taxes Subcommittee · House Tax Policy: Other Taxes Subcommitte
  9. 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.

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.