Illinois House of Representatives bill in Session 104.
Status: in_committee. Latest action: March 27, 2026.
PROP TX-ENERGY SYSTEMS.
Amends the Property Tax Code. In provisions concerning the valuation of wind energy devices, provides that, for taxable year 2027 and thereafter, the real property cost basis is $588,000 per megawatt of nameplate capacity (currently, $360,000 per megawatt of nameplate capacity). In provisions concerning the valuation of solar energy systems, provides that, for taxable year 2027 and thereafter, the real property cost basis is $446,000 per megawatt of nameplate capacity (currently, $218,000 per megawatt of nameplate capacity). Effective immediately.
| Date | Event | Detail |
|---|---|---|
| 2026-02-13 | Introduced | Bill introduced |
| 2026-03-27 | Status | in_committee |
| 2026-03-27 | Latest Action | 3/27/2026 - House: |