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Legislative Update

May 12, 2015 | Legislative briefs
(630) 942-6587 | info@igfoa.org

Yesterday afternoon (Monday, May 11), Rep. John Bradley (Chair of House Revenue Committee) and Rep. Jack Franks (PTELL advocate) filed four amendments that would freeze property tax rates beginning with levy year 2015 (unless higher rate approved via referendum.) 

The amendments have been added to House Bills 677, 695, 696 and 699, which have scheduled to be heard in the House Revenue Committee on Wednesday, May 13, at 3:00 p.m.

HB 677 & HB 695 amendments would subject PTELL to all taxing districts (including home rule units of local government.) 

HB 696 and HB 699 would apply PTELL to all non-home rule units of government.

As you may be aware, Governor Rauner was recently quoted suggesting property taxes be frozen forever. These amendments are reflective of that idea and are designed to gauge the willingness of House members to support these initiatives. 

There was a similar effort regarding the Human Services budgets last week. However, at this time we are unable to determine what the outcome of the votes will be on these amendments.

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