HB4465 - 104th General Assembly (2025-2026)

PTELL-ABATE-NUCLEAR FACILITY
Last Action
2/26/2026 - House: To Property Tax Subcommittee
Hearings
Revenue & Finance Committee Hearing Feb 26 2026 10:00AM Capitol Building Room 114 Springfield, IL
Statutes Amended In Order of Appearance
35 ILCS 200/18-185  
Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, notwithstanding any other provision of law, beginning in levy year 2026, if a specified taxing district provided a property tax abatement under a specified provision of the Energy Community Reinvestment Act in any levy year occurring before the current levy year and if the taxing district was subject to the Property Tax Extension Limitation Law in the levy year of the abatement, then the district's aggregate extension base for each subsequent levy year after the levy year of the abatement but not earlier than levy year 2026 shall be calculated as through the district's aggregate extension for the levy year in which the abatement was granted included the amount of the abatement. Effective immediately.
Actions
DateChamberAction
1/16/2026HouseFiled with the Clerk by Rep. Joyce Mason
1/20/2026HouseFirst Reading
1/20/2026HouseReferred to Rules Committee
2/03/2026HouseAdded Co-Sponsor Rep. Daniel Didech
2/03/2026HouseRemoved Co-Sponsor Rep. Daniel Didech
2/11/2026HouseAssigned to Revenue & Finance Committee
2/17/2026HouseAdded Chief Co-Sponsor Rep. Rita Mayfield
2/17/2026HouseAdded Chief Co-Sponsor Rep. Daniel Didech
2/17/2026HouseAdded Chief Co-Sponsor Rep. Bob Morgan
2/17/2026HouseAdded Chief Co-Sponsor Rep. Tracy Katz Muhl
2/26/2026HouseTo Property Tax Subcommittee