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HB 3340

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: March 27, 2026.

PROP TX-REDUCTION PILOT PRG.

Bill ID IL-104-HB-3340
Session 104
Status in_committee
Committee Rules Committee
House of Representatives in_committee 2026-03-27
Summary

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.

Sponsor
Thaddeus Jones
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-18 Introduced Bill introduced
2026-03-27 Status in_committee
2026-03-27 Latest Action 3/27/2026 - House:
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