· IL legislature · 104th

PROP TX-OMITTED PROPERTY

Amends the Property Tax Code. In counties with fewer than 3,000,000 inhabitants, provides that property that receives an erroneous homestead exemption for the current assessment year or for any of the 3 prior assessment years may be considered omitted property. Provides for penalties and interest to be imposed on th…

Sponsor

Jay Hoffman (D-IL)

Introduced

2026-01-27

Policy area

Taxation

Latest action

Rule 19(a) / Re-referred to Rules Committee