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IL HB1263
Bill
Status
1/7/2025
Primary Sponsor
Jeff Keicher
Click for details
AI Summary
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Requires all taxing districts in Illinois to publish property tax information by February 1 of each collection year, beginning with the 2024 collection year
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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
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Requires publication of property tax liability calculated per $100,000 of fair market value for the levy year
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Information must be published on the taxing district's public website (if one exists) and in a newspaper of general circulation within the district
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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