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View Full Version : Think tank: New property tax laws in Illinois fail to offer taxpayers any relief



Gunny
09-10-2024, 07:06 PM
Yet people keep voting for it:rolleyes:


One measure (https://www.ilga.gov/legislation/billstatus.asp?DocNum=2936&GAID=17&GA=103&DocTypeID=SB&LegID=151911&SessionID=112&SpecSess=%20) allows home rule municipalities to provide abatements for newly remodeled homes, but the Illinois Policy Institute notes that it simply shifts the property tax burden to those who didn’t make improvements.
Another law (https://www.ilga.gov/legislation/billstatus.asp?DocNum=3455&GAID=17&GA=103&DocTypeID=SB&LegID=153115&SessionID=112&SpecSess=) commissions the Illinois Department of Revenue to study the entire property tax system in the state, including a review of assessments, collections and the tax levies themselves.

Think tank: New property tax laws in Illinois fail to offer taxpayers any relief | Illinois | thecentersquare.com (https://www.thecentersquare.com/illinois/article_ab9c6c8a-6fb0-11ef-84f8-e7c8a6ede005.html)

fj1200
09-11-2024, 09:39 AM
One measure (https://www.ilga.gov/legislation/billstatus.asp?DocNum=2936&GAID=17&GA=103&DocTypeID=SB&LegID=151911&SessionID=112&SpecSess=%20) allows home rule municipalities to provide abatements for newly remodeled homes, but the Illinois Policy Institute notes that it simply shifts the property tax burden to those who didn’t make improvements.

No kidding.