Loading chat...

IL HB1263

Bill

Status

Failed

1/7/2025

Primary Sponsor

Jeff Keicher

Click for details

Origin

House of Representatives

103rd General Assembly

AI Summary

  • Requires all taxing districts in Illinois to publish property tax information by February 1 of each collection year, beginning with the 2024 collection year

  • Mandates disclosure of the current levy year's property tax rate and total dollar extension amount, along with the same figures from the immediately preceding levy year for comparison

  • Requires publication of property tax liability calculated per $100,000 of fair market value for the levy year

  • Information must be published on the taxing district's public website (if one exists) and in a newspaper of general circulation within the district

  • Applies to all taxing districts including home rule units, with a provision limiting home rule authority to regulate property tax publication in ways inconsistent with state requirements

Legislative Description

PROP TX-DISCLOSURE OF RATES

Last Action

Session Sine Die

1/7/2025

Committee Referrals

Rules3/10/2023
Property Tax2/23/2023
Revenue & Finance2/15/2023
Rules1/31/2023

Full Bill Text

No bill text available