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Neutral Bill Mar 16, 2026

EDUCATION PROPERTY TAX RELIEF

Amends the Budget Stabilization Act. Provides additional scheduled transfers to the Pension Stabilization Fund, sets termination conditions, and clarifies allocation and applicability of payments. Amends the School Code. Establishes a property tax relief grant program for school districts beginning in Fiscal Year 2030, funded from the Education Property Tax Relief Fund. Makes conforming changes in the State Finance Act.

https://legiscan.com/IL/bill/HB5611/2025
Bill data from LegiScan, used under CC BY 4.0.
Travis Weaver State Representative Ryan Spain State Representative Cosponsor Kevin Schmidt State Representative Cosponsor Tony McCombie State Representative Cosponsor Jackie Haas State Representative Cosponsor Patrick Sheehan State Representative Cosponsor Jeff Keicher State Representative Cosponsor Mike Coffey State Representative Cosponsor Brandun Schweizer State Representative Cosponsor
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