· IL legislature · 104th

PROP TX-ASSESSMENT LIMIT

Amends the Property Tax Code. Provides that, in all counties, the equalized assessed value of property in a general assessment year shall not exceed the equalized assessed value of the property in the immediately preceding general assessment year, increased by the lesser of: (1) 3% of the equalized assessed value of…

Sponsor

Tom Weber (R-IL)

Introduced

2025-03-03

Policy area

Taxation

Latest action

Added Co-Sponsor Rep. Kevin Schmidt