IL
Illinois House Bill HB1167

Illinois 2025-2026 Regular Session

Illinois House Bill HB1167 Compare Versions

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11 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1167 Introduced , by Rep. Thaddeus Jones SYNOPSIS AS INTRODUCED: 30 ILCS 105/5.1030 new30 ILCS 105/6z-11230 ILCS 105/6z-144 new35 ILCS 200/15-175.1 new230 ILCS 40/60 Amends the Property Tax Code. Creates the South Suburban Property Tax Relief Homestead Exemption Pilot Program. Provides that, for taxable years 2026 through 2030, certain qualified homestead property that is used as the primary residence of an individual who has occupied the property for at least 5 continuous years as of January 1 of the taxable year is eligible for a credit against the property taxes imposed on that property. Provides that the amount of the credit is the lesser of (i) the property tax liability for the property for the applicable taxable year or (ii) $5,000. Contains provisions concerning applications for the pilot program. Provides that the Cook County Assessor may not award credits under the pilot program for more than 7,500 properties in any taxable year. Amends the State Finance Act. Creates the South Suburban Property Tax Relief Fund. Provides that moneys in the Fund shall be used to make reimbursements to taxing districts that are affected by the South Suburban Property Tax Relief Homestead Exemption Pilot Program. Makes changes to provisions concerning the Cannabis Regulation Fund to provide for transfers to the South Suburban Property Tax Relief Fund. Amends the Video Gaming Act to make conforming changes. Effective immediately. LRB104 06475 HLH 16511 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1167 Introduced , by Rep. Thaddeus Jones SYNOPSIS AS INTRODUCED: 30 ILCS 105/5.1030 new30 ILCS 105/6z-11230 ILCS 105/6z-144 new35 ILCS 200/15-175.1 new230 ILCS 40/60 30 ILCS 105/5.1030 new 30 ILCS 105/6z-112 30 ILCS 105/6z-144 new 35 ILCS 200/15-175.1 new 230 ILCS 40/60 Amends the Property Tax Code. Creates the South Suburban Property Tax Relief Homestead Exemption Pilot Program. Provides that, for taxable years 2026 through 2030, certain qualified homestead property that is used as the primary residence of an individual who has occupied the property for at least 5 continuous years as of January 1 of the taxable year is eligible for a credit against the property taxes imposed on that property. Provides that the amount of the credit is the lesser of (i) the property tax liability for the property for the applicable taxable year or (ii) $5,000. Contains provisions concerning applications for the pilot program. Provides that the Cook County Assessor may not award credits under the pilot program for more than 7,500 properties in any taxable year. Amends the State Finance Act. Creates the South Suburban Property Tax Relief Fund. Provides that moneys in the Fund shall be used to make reimbursements to taxing districts that are affected by the South Suburban Property Tax Relief Homestead Exemption Pilot Program. Makes changes to provisions concerning the Cannabis Regulation Fund to provide for transfers to the South Suburban Property Tax Relief Fund. Amends the Video Gaming Act to make conforming changes. Effective immediately. LRB104 06475 HLH 16511 b LRB104 06475 HLH 16511 b A BILL FOR
22 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1167 Introduced , by Rep. Thaddeus Jones SYNOPSIS AS INTRODUCED:
33 30 ILCS 105/5.1030 new30 ILCS 105/6z-11230 ILCS 105/6z-144 new35 ILCS 200/15-175.1 new230 ILCS 40/60 30 ILCS 105/5.1030 new 30 ILCS 105/6z-112 30 ILCS 105/6z-144 new 35 ILCS 200/15-175.1 new 230 ILCS 40/60
44 30 ILCS 105/5.1030 new
55 30 ILCS 105/6z-112
66 30 ILCS 105/6z-144 new
77 35 ILCS 200/15-175.1 new
88 230 ILCS 40/60
99 Amends the Property Tax Code. Creates the South Suburban Property Tax Relief Homestead Exemption Pilot Program. Provides that, for taxable years 2026 through 2030, certain qualified homestead property that is used as the primary residence of an individual who has occupied the property for at least 5 continuous years as of January 1 of the taxable year is eligible for a credit against the property taxes imposed on that property. Provides that the amount of the credit is the lesser of (i) the property tax liability for the property for the applicable taxable year or (ii) $5,000. Contains provisions concerning applications for the pilot program. Provides that the Cook County Assessor may not award credits under the pilot program for more than 7,500 properties in any taxable year. Amends the State Finance Act. Creates the South Suburban Property Tax Relief Fund. Provides that moneys in the Fund shall be used to make reimbursements to taxing districts that are affected by the South Suburban Property Tax Relief Homestead Exemption Pilot Program. Makes changes to provisions concerning the Cannabis Regulation Fund to provide for transfers to the South Suburban Property Tax Relief Fund. Amends the Video Gaming Act to make conforming changes. Effective immediately.
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1515 1 AN ACT concerning revenue.
1616 2 Be it enacted by the People of the State of Illinois,
1717 3 represented in the General Assembly:
1818 4 Section 5. The State Finance Act is amended by changing
1919 5 Section 6z-112 and by adding Sections 5.1030 and 6z-144 as
2020 6 follows:
2121 7 (30 ILCS 105/5.1030 new)
2222 8 Sec. 5.1030. The South Suburban Property Tax Relief Fund.
2323 9 (30 ILCS 105/6z-112)
2424 10 Sec. 6z-112. The Cannabis Regulation Fund.
2525 11 (a) There is created the Cannabis Regulation Fund in the
2626 12 State treasury, subject to appropriations unless otherwise
2727 13 provided in this Section. All moneys collected under the
2828 14 Cannabis Regulation and Tax Act shall be deposited into the
2929 15 Cannabis Regulation Fund, consisting of taxes, license fees,
3030 16 other fees, and any other amounts required to be deposited or
3131 17 transferred into the Fund.
3232 18 (b) Whenever the Department of Revenue determines that a
3333 19 refund should be made under the Cannabis Regulation and Tax
3434 20 Act to a claimant, the Department of Revenue shall submit a
3535 21 voucher for payment to the State Comptroller, who shall cause
3636 22 the order to be drawn for the amount specified and to the
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4040 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1167 Introduced , by Rep. Thaddeus Jones SYNOPSIS AS INTRODUCED:
4141 30 ILCS 105/5.1030 new30 ILCS 105/6z-11230 ILCS 105/6z-144 new35 ILCS 200/15-175.1 new230 ILCS 40/60 30 ILCS 105/5.1030 new 30 ILCS 105/6z-112 30 ILCS 105/6z-144 new 35 ILCS 200/15-175.1 new 230 ILCS 40/60
4242 30 ILCS 105/5.1030 new
4343 30 ILCS 105/6z-112
4444 30 ILCS 105/6z-144 new
4545 35 ILCS 200/15-175.1 new
4646 230 ILCS 40/60
4747 Amends the Property Tax Code. Creates the South Suburban Property Tax Relief Homestead Exemption Pilot Program. Provides that, for taxable years 2026 through 2030, certain qualified homestead property that is used as the primary residence of an individual who has occupied the property for at least 5 continuous years as of January 1 of the taxable year is eligible for a credit against the property taxes imposed on that property. Provides that the amount of the credit is the lesser of (i) the property tax liability for the property for the applicable taxable year or (ii) $5,000. Contains provisions concerning applications for the pilot program. Provides that the Cook County Assessor may not award credits under the pilot program for more than 7,500 properties in any taxable year. Amends the State Finance Act. Creates the South Suburban Property Tax Relief Fund. Provides that moneys in the Fund shall be used to make reimbursements to taxing districts that are affected by the South Suburban Property Tax Relief Homestead Exemption Pilot Program. Makes changes to provisions concerning the Cannabis Regulation Fund to provide for transfers to the South Suburban Property Tax Relief Fund. Amends the Video Gaming Act to make conforming changes. Effective immediately.
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5858 30 ILCS 105/6z-144 new
5959 35 ILCS 200/15-175.1 new
6060 230 ILCS 40/60
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7979 1 person named in the notification from the Department of
8080 2 Revenue. This subsection (b) shall constitute an irrevocable
8181 3 and continuing appropriation of all amounts necessary for the
8282 4 payment of refunds out of the Fund as authorized under this
8383 5 subsection (b).
8484 6 (c) On or before the 25th day of each calendar month, the
8585 7 Department of Revenue shall prepare and certify to the State
8686 8 Comptroller the transfer and allocations of stated sums of
8787 9 money from the Cannabis Regulation Fund to other named funds
8888 10 in the State treasury. The amount subject to transfer shall be
8989 11 the amount of the taxes, license fees, other fees, and any
9090 12 other amounts paid into the Fund during the second preceding
9191 13 calendar month, minus the refunds made under subsection (b)
9292 14 during the second preceding calendar month by the Department.
9393 15 The transfers shall be certified as follows:
9494 16 (1) The Department of Revenue shall first determine
9595 17 the allocations which shall remain in the Cannabis
9696 18 Regulation Fund, subject to appropriations, to pay for the
9797 19 direct and indirect costs associated with the
9898 20 implementation, administration, and enforcement of the
9999 21 Cannabis Regulation and Tax Act by the Department of
100100 22 Revenue, the Department of State Police, the Department of
101101 23 Financial and Professional Regulation, the Department of
102102 24 Agriculture, the Department of Public Health, the
103103 25 Department of Commerce and Economic Opportunity, and the
104104 26 Illinois Criminal Justice Information Authority.
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115115 1 (2) After the allocations have been made as provided
116116 2 in paragraph (1) of this subsection (c), of the remainder
117117 3 of the amount subject to transfer for the month as
118118 4 determined in this subsection (c), the Department shall
119119 5 certify the transfer into the Cannabis Expungement Fund
120120 6 1/12 of the fiscal year amount appropriated from the
121121 7 Cannabis Expungement Fund for payment of costs incurred by
122122 8 State courts, the Attorney General, State's Attorneys,
123123 9 civil legal aid, as defined by Section 15 of the Public
124124 10 Interest Attorney Assistance Act, and the Department of
125125 11 State Police to facilitate petitions for expungement of
126126 12 Minor Cannabis Offenses pursuant to Public Act 101-27, as
127127 13 adjusted by any supplemental appropriation, plus
128128 14 cumulative deficiencies in such transfers for prior
129129 15 months.
130130 16 (3) After the allocations have been made as provided
131131 17 in paragraphs (1) and (2) of this subsection (c), the
132132 18 Department of Revenue shall certify to the State
133133 19 Comptroller and the State Treasurer shall transfer the
134134 20 amounts that the Department of Revenue determines shall be
135135 21 transferred into the following named funds according to
136136 22 the following:
137137 23 (A) 2% shall be transferred to the Drug Treatment
138138 24 Fund to be used by the Department of Human Services
139139 25 for: (i) developing and administering a scientifically
140140 26 and medically accurate public education campaign
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151151 1 educating youth and adults about the health and safety
152152 2 risks of alcohol, tobacco, illegal drug use (including
153153 3 prescription drugs), and cannabis, including use by
154154 4 pregnant women; and (ii) data collection and analysis
155155 5 of the public health impacts of legalizing the
156156 6 recreational use of cannabis. Expenditures for these
157157 7 purposes shall be subject to appropriations.
158158 8 (B) 8% shall be transferred to the Local
159159 9 Government Distributive Fund and allocated as provided
160160 10 in Section 2 of the State Revenue Sharing Act. The
161161 11 moneys shall be used to fund crime prevention
162162 12 programs, training, and interdiction efforts,
163163 13 including detection, enforcement, and prevention
164164 14 efforts, relating to the illegal cannabis market and
165165 15 driving under the influence of cannabis.
166166 16 (C) 25% shall be transferred to the Criminal
167167 17 Justice Information Projects Fund to be used for the
168168 18 purposes of the Restore, Reinvest, and Renew Program
169169 19 to address economic development, violence prevention
170170 20 services, re-entry services, youth development, and
171171 21 civil legal aid, as defined by Section 15 of the Public
172172 22 Interest Attorney Assistance Act. The Restore,
173173 23 Reinvest, and Renew Program shall address these issues
174174 24 through targeted investments and intervention programs
175175 25 and promotion of an employment infrastructure and
176176 26 capacity building related to the social determinants
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187187 1 of health in impacted community areas. Expenditures
188188 2 for these purposes shall be subject to appropriations.
189189 3 (D) 20% shall be transferred to the Department of
190190 4 Human Services Community Services Fund, to be used to
191191 5 address substance abuse and prevention and mental
192192 6 health concerns, including treatment, education, and
193193 7 prevention to address the negative impacts of
194194 8 substance abuse and mental health issues, including
195195 9 concentrated poverty, violence, and the historical
196196 10 overuse of criminal justice responses in certain
197197 11 communities, on the individual, family, and community,
198198 12 including federal, State, and local governments,
199199 13 health care institutions and providers, and
200200 14 correctional facilities. Expenditures for these
201201 15 purposes shall be subject to appropriations.
202202 16 (E) 10% shall be transferred to the Budget
203203 17 Stabilization Fund.
204204 18 (F) On and after January 1, 2026 and before
205205 19 December 31, 2030, 1% shall be transferred to the
206206 20 South Suburban Property Tax Relief Fund until
207207 21 transfers under this item (F) for the calendar year
208208 22 equal 50% of the amount certified by the Cook County
209209 23 Assessor to the State Comptroller under subsection (b)
210210 24 of Section 15-175.1 of Property Tax Code.
211211 25 (G) Any (F) 35%, or any remaining balance, shall
212212 26 be transferred to the General Revenue Fund.
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223223 1 As soon as may be practical, but no later than 10 days
224224 2 after receipt, by the State Comptroller of the transfer
225225 3 certification provided for in this subsection (c) to be given
226226 4 to the State Comptroller by the Department of Revenue, the
227227 5 State Comptroller shall direct and the State Treasurer shall
228228 6 transfer the respective amounts in accordance with the
229229 7 directions contained in such certification.
230230 8 (d) On July 1, 2019 the Department of Revenue shall
231231 9 certify to the State Comptroller and the State Treasurer shall
232232 10 transfer $5,000,000 from the Compassionate Use of Medical
233233 11 Cannabis Fund to the Cannabis Regulation Fund.
234234 12 (e) Notwithstanding any other law to the contrary and
235235 13 except as otherwise provided in this Section, this Fund is not
236236 14 subject to sweeps, administrative charge-backs, or any other
237237 15 fiscal or budgetary maneuver that would in any way transfer
238238 16 any amounts from this Fund into any other fund of the State.
239239 17 (f) The Cannabis Regulation Fund shall retain a balance of
240240 18 $1,000,000 for the purposes of administrative costs.
241241 19 (g) In Fiscal Year 2024 the allocations in subsection (c)
242242 20 of this Section shall be reviewed and adjusted if the General
243243 21 Assembly finds there is a greater need for funding for a
244244 22 specific purpose in the State as it relates to Public Act
245245 23 101-27.
246246 24 (Source: P.A. 101-27, eff. 6-25-19; 102-558, eff. 8-20-21.)
247247 25 (30 ILCS 105/6z-144 new)
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258258 1 Sec. 6z-144. The South Suburban Property Tax Relief Fund;
259259 2 creation. The South Suburban Property Tax Relief Fund is
260260 3 hereby created as a special fund in the State treasury. Moneys
261261 4 in the South Suburban Property Tax Relief Fund shall be used by
262262 5 the Cook County Treasurer to make reimbursements to taxing
263263 6 districts as provided in subsection (c) of Section 15-175.1 of
264264 7 the Property Tax Code. Any moneys remaining unencumbered and
265265 8 unexpended in the South Suburban Property Tax Relief Fund on
266266 9 December 31, 2031 shall be transferred to the General Revenue
267267 10 Fund and the South Suburban Property Tax Relief Fund shall be
268268 11 dissolved on June 30, 2032.
269269 12 This Section is repealed on July 1, 2032.
270270 13 Section 10. The Property Tax Code is amended by adding
271271 14 Section 15-175.1 as follows:
272272 15 (35 ILCS 200/15-175.1 new)
273273 16 Sec. 15-175.1. South suburban property tax relief
274274 17 homestead exemption pilot program.
275275 18 (a) Notwithstanding any other provision of law, for
276276 19 taxable years 2026 through 2030, qualified homestead property
277277 20 is eligible for a credit against the property taxes imposed on
278278 21 that property under this Code. The amount of the credit is the
279279 22 lesser of (i) the property tax liability for the property for
280280 23 the applicable taxable year or (ii) $5,000. A credit under
281281 24 this Section may not reduce the property tax liability for any
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292292 1 property to less than zero. Property is not eligible for a
293293 2 credit under this Section if the property receives any other
294294 3 homestead exemption under this Code for the applicable taxable
295295 4 year, other than the general homestead exemption under Section
296296 5 15-175. A credit may not be awarded under this Section with
297297 6 respect to any property if that property received a credit
298298 7 under this Section in either of the 2 immediately preceding
299299 8 taxable years.
300300 9 (b) Eligible qualified taxpayers shall apply with the Cook
301301 10 County Assessor for the credit under this Section on or before
302302 11 January 1 of the applicable taxable year. Applications shall
303303 12 be made in the form and manner required by the Cook County
304304 13 Assessor. The Cook County Assessor may not award credits under
305305 14 this Section for more than 7,500 properties in any taxable
306306 15 year. Credits under this Section shall be awarded on a
307307 16 first-come, first-served basis. The Cook County Assessor shall
308308 17 certify to the State Comptroller the total amount awarded in
309309 18 credits under this Section for each taxable year of the pilot
310310 19 program period.
311311 20 (c) The property taxes collected for the qualified
312312 21 homestead property for the taxable year in which the credit
313313 22 under this Section is applied to the property shall be
314314 23 distributed to the taxing districts in which the property is
315315 24 located according to each taxing district's proportionate
316316 25 share of the qualified homestead property's aggregate
317317 26 liability. In addition, the Cook County Treasurer shall
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328328 1 reimburse taxing districts, from moneys appropriated to the
329329 2 Cook County Treasurer from the South Suburban Property Tax
330330 3 Relief Fund for that purpose, in an amount equal to the amount
331331 4 that, when coupled with property tax collections attributable
332332 5 to the qualified homestead property for the applicable taxable
333333 6 year, equals the amount that would have been collected from
334334 7 the qualified homestead property in the applicable taxable
335335 8 year if the credit under this Section had not been applied.
336336 9 (d) As used in this Section:
337337 10 "Eligible zip code" means any of the following zip codes:
338338 11 60409, 60419, 60411, 60478, 60426, 60429, 60430, 60475, 60633,
339339 12 60469, 60428, 60429, 60445, 60438, or 60473.
340340 13 "Homestead property" has the meaning given to that term in
341341 14 Section 15-175.
342342 15 "Pilot program period" means taxable years 2026 through
343343 16 2030.
344344 17 "Qualified homestead property" means homestead property
345345 18 that is located in an eligible zip code and that is owned and
346346 19 occupied as a primary residence by a qualified taxpayer.
347347 20 "Qualified taxpayer" means an individual who, for at least
348348 21 5 continuous years as of January 1 of the taxable year, has
349349 22 occupied the qualified homestead property as a primary
350350 23 residence.
351351 24 (e) Notwithstanding Sections 6 and 8 of the State Mandates
352352 25 Act, no reimbursement by the State is required for the
353353 26 implementation of any mandate created by this Section.
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364364 1 Section 15. The Video Gaming Act is amended by changing
365365 2 Section 60 as follows:
366366 3 (230 ILCS 40/60)
367367 4 Sec. 60. Imposition and distribution of tax.
368368 5 (a) A tax of 30% is imposed on net terminal income and
369369 6 shall be collected by the Board.
370370 7 On and after January 1, 2026 and before December 31, 2030,
371371 8 1% of the tax collected under this subsection (a) shall be
372372 9 deposited into the South Suburban Property Tax Relief Fund
373373 10 until the total amount of those deposits for the calendar year
374374 11 equals 50% of the amount certified by the Cook County Assessor
375375 12 to the State Comptroller under subsection (b) of Section
376376 13 15-175.1 of Property Tax Code. Of the remainder of the tax
377377 14 collected under this subsection (a), five-sixths shall be
378378 15 deposited into the Capital Projects Fund and one-sixth shall
379379 16 be deposited into the Local Government Video Gaming
380380 17 Distributive Fund.
381381 18 (b) Beginning on July 1, 2019, an additional tax of 3% is
382382 19 imposed on net terminal income and shall be collected by the
383383 20 Board.
384384 21 Beginning on July 1, 2020, an additional tax of 1% is
385385 22 imposed on net terminal income and shall be collected by the
386386 23 Board.
387387 24 Beginning on July 1, 2024, an additional tax of 1% is
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398398 1 imposed on net terminal income and shall be collected by the
399399 2 Board.
400400 3 The tax collected under this subsection (b) shall be
401401 4 deposited into the Capital Projects Fund.
402402 5 (c) Revenues generated from the play of video gaming
403403 6 terminals shall be deposited by the terminal operator, who is
404404 7 responsible for tax payments, in a specially created, separate
405405 8 bank account maintained by the video gaming terminal operator
406406 9 to allow for electronic fund transfers of moneys for tax
407407 10 payment.
408408 11 (d) Each licensed establishment, licensed truck stop
409409 12 establishment, licensed large truck stop establishment,
410410 13 licensed fraternal establishment, and licensed veterans
411411 14 establishment shall maintain an adequate video gaming fund,
412412 15 with the amount to be determined by the Board.
413413 16 (e) The State's percentage of net terminal income shall be
414414 17 reported and remitted to the Board within 15 days after the
415415 18 15th day of each month and within 15 days after the end of each
416416 19 month by the video terminal operator. A video terminal
417417 20 operator who falsely reports or fails to report the amount due
418418 21 required by this Section is guilty of a Class 4 felony and is
419419 22 subject to termination of his or her license by the Board. Each
420420 23 video terminal operator shall keep a record of net terminal
421421 24 income in such form as the Board may require. All payments not
422422 25 remitted when due shall be paid together with a penalty
423423 26 assessment on the unpaid balance at a rate of 1.5% per month.
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434434 1 (Source: P.A. 103-592, eff. 6-7-24.)
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