HB1837 - 104th General Assembly

PROP TX-GENERAL HOMESTEAD
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Curtis J. Tarver, II
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. Increases the maximum reduction for the general homestead exemption to $50,000 in counties with 3,000,000 or more inhabitants. Provides that for taxable years 2025 through 2027, the property tax liability for homestead property in Cook County that contains a single-family home or a multi-unit residential dwelling with fewer than 3 units shall not exceed the adjusted property tax liability for the property for the applicable tax year. Effective immediately.
Actions
Date Chamber Action
1/28/2025 House Filed with the Clerk by Rep. Curtis J. Tarver, II
1/29/2025 House First Reading
1/29/2025 House Referred to Rules Committee
2/25/2025 House Assigned to Revenue & Finance Committee
3/03/2025 House To Property Tax Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee