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IL HB5444
Bill
Status
Introduced
2/6/2026
Primary Sponsor
Regan Deering
Click for details
AI Summary
- Increases the property tax valuation basis for wind energy devices from $360,000 to $588,000 per megawatt of nameplate capacity starting in taxable year 2027.
- Increases the property tax valuation basis for commercial solar energy systems from $218,000 to $446,000 per megawatt of nameplate capacity starting in taxable year 2027.
- Applies to wind devices with at least 0.5 megawatts of nameplate capacity used for commercial electricity generation.
- Applies to ground-installed solar systems generating electricity primarily for wholesale or retail sale rather than on-site consumption.
- Takes effect immediately upon becoming law.
Legislative Description
PROP TX-ENERGY SYSTEMS
Last Action
Referred to Rules Committee
2/13/2026
Committee Referrals
Rules2/13/2026
Full Bill Text
No bill text available