IL HB2543 | 2025-2026 | 104th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 4 2025 - 25% progression
Action: 2025-02-04 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 4 2025 - 25% progression
Action: 2025-02-04 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides for a non-binding, advisory referendum on the question of whether a taxing district should reduce its aggregate extension by up to 10% from its aggregate extension for the previous taxable year. Provides that the referendum shall be initiated by a petition signed by a number of registered voters of the taxing district that is equal to or greater than 1% but less than 5% of the total number of votes cast in the taxing district in the preceding general election. Provides for a binding referendum on the question of whether a taxing district shall reduce its aggregate extension by up to 10% from its aggregate extension for the previous taxable year. Provides that the referendum shall be initiated by a petition signed by a number of registered voters of a taxing district that is equal to or greater than 5% of the total number of votes cast in the taxing district in the preceding general election. Preempts the power of home rule units to tax. Effective immediately.
Title
PROP TX-TAXPAYER EMPOWERMENT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-02-04 | House | Referred to Rules Committee |
2025-02-04 | House | First Reading |
2025-02-04 | House | Filed with the Clerk by Rep. Joe C. Sosnowski |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 200 | 18-249.6 | New Code | See Bill Text |
35 | 200 | 18-5 | New Code | See Bill Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2543&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
Text | https://www.ilga.gov/legislation/104/HB/10400HB2543.htm |