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IL SB4005

Bill

Official Source

Status

Introduced

2/6/2026

Primary Sponsor

Chapin Rose

Click for details

Origin

Senate

104th General Assembly

AI Summary

  • Amends the Illinois Property Tax Code to end special valuation provisions for wind energy devices after assessment year 2026, reducing the current applicability period from 2007-2035 to 2007-2026
  • Limits special property tax valuation rules for commercial solar energy systems in counties with fewer than 3,000,000 inhabitants to assessment years 2018-2026, down from 2018-2033
  • Repeals Division 18 (wind energy device valuation) and Division 20 (commercial solar energy system valuation) of Article 10 on January 1, 2028
  • Takes effect immediately upon becoming law
  • Introduced by Sen. Chapin Rose on February 6, 2026

Legislative Description

PROP TX-WIND AND SOLAR-REPEAL

Last Action

Referred to Assignments

2/6/2026

Committee Referrals

Assignments2/6/2026

Full Bill Text

No bill text available