HB1326Introduced in the House
PROP TX-5-YEAR HOMESTEAD
Introduced by Thaddeus Jones, District 29
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Amends the Property Tax Code. Creates a homestead exemption for certain property located in Cook County that has been used as a qualified taxpayer's principal dwelling place for at least 5 continuous years as of January 1 of the taxable year. Provides that the aggregate amount of property taxes levied against that property in any taxable year may not exceed $5,000. Effective immediately.
Where it stands
Rule 19(a) / Re-referred to Rules Committee
March 21, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Filed with the Clerk by Rep. Thaddeus Jones
First Reading
Referred to Rules Committee
Assigned to Revenue & Finance Committee
To Property Tax Subcommittee
Rule 19(a) / Re-referred to Rules Committee
Verify the information
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