IL
Illinois House Bill HB3105

Illinois 2025-2026 Regular Session

Illinois House Bill HB3105 Compare Versions

Only one version of the bill is available at this time.
OldNewDifferences
11 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3105 Introduced , by Rep. Fred Crespo SYNOPSIS AS INTRODUCED: 35 ILCS 200/Art. 18 Div. 7 heading new35 ILCS 200/18-280 new35 ILCS 200/18-285 new35 ILCS 200/18-290 new35 ILCS 200/20-15 Amends the Property Tax Code. Creates the School District Extension Freeze Law. Provides that, if at the end of any levy year, a school district has reserves of 50% or more of its operating budget, then the school district's extension for all purposes may not exceed its extension for the previous levy year. Provides that, if the school district has reserves of 60% or more at the end of the immediately preceding levy year, then the district's extension shall be reduced by an amount equal to the difference between the district's reserve amount for the immediately preceding levy year and a reserve amount of 60% for that levy year. Effective July 1, 2025. LRB104 11454 HLH 21542 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3105 Introduced , by Rep. Fred Crespo SYNOPSIS AS INTRODUCED: 35 ILCS 200/Art. 18 Div. 7 heading new35 ILCS 200/18-280 new35 ILCS 200/18-285 new35 ILCS 200/18-290 new35 ILCS 200/20-15 35 ILCS 200/Art. 18 Div. 7 heading new 35 ILCS 200/18-280 new 35 ILCS 200/18-285 new 35 ILCS 200/18-290 new 35 ILCS 200/20-15 Amends the Property Tax Code. Creates the School District Extension Freeze Law. Provides that, if at the end of any levy year, a school district has reserves of 50% or more of its operating budget, then the school district's extension for all purposes may not exceed its extension for the previous levy year. Provides that, if the school district has reserves of 60% or more at the end of the immediately preceding levy year, then the district's extension shall be reduced by an amount equal to the difference between the district's reserve amount for the immediately preceding levy year and a reserve amount of 60% for that levy year. Effective July 1, 2025. LRB104 11454 HLH 21542 b LRB104 11454 HLH 21542 b A BILL FOR
22 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3105 Introduced , by Rep. Fred Crespo SYNOPSIS AS INTRODUCED:
33 35 ILCS 200/Art. 18 Div. 7 heading new35 ILCS 200/18-280 new35 ILCS 200/18-285 new35 ILCS 200/18-290 new35 ILCS 200/20-15 35 ILCS 200/Art. 18 Div. 7 heading new 35 ILCS 200/18-280 new 35 ILCS 200/18-285 new 35 ILCS 200/18-290 new 35 ILCS 200/20-15
44 35 ILCS 200/Art. 18 Div. 7 heading new
55 35 ILCS 200/18-280 new
66 35 ILCS 200/18-285 new
77 35 ILCS 200/18-290 new
88 35 ILCS 200/20-15
99 Amends the Property Tax Code. Creates the School District Extension Freeze Law. Provides that, if at the end of any levy year, a school district has reserves of 50% or more of its operating budget, then the school district's extension for all purposes may not exceed its extension for the previous levy year. Provides that, if the school district has reserves of 60% or more at the end of the immediately preceding levy year, then the district's extension shall be reduced by an amount equal to the difference between the district's reserve amount for the immediately preceding levy year and a reserve amount of 60% for that levy year. Effective July 1, 2025.
1010 LRB104 11454 HLH 21542 b LRB104 11454 HLH 21542 b
1111 LRB104 11454 HLH 21542 b
1212 A BILL FOR
1313 HB3105LRB104 11454 HLH 21542 b HB3105 LRB104 11454 HLH 21542 b
1414 HB3105 LRB104 11454 HLH 21542 b
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 Property Tax Code is amended by adding
1919 5 Division 7 to Article 18 and by changing Section 20-15 as
2020 6 follows:
2121 7 (35 ILCS 200/Art. 18 Div. 7 heading new)
2222 8 Division 7. School District Extension Freeze Law
2323 9 (35 ILCS 200/18-280 new)
2424 10 Sec. 18-280. Short title. This Division 7 may be cited as
2525 11 the School District Extension Freeze Law.
2626 12 (35 ILCS 200/18-285 new)
2727 13 Sec. 18-285. Limitation.
2828 14 (a) If, at the end of any levy year, any school district
2929 15 has reserves of 50% or more of its operating budget, as
3030 16 determined by the State Board of Education, then, for the next
3131 17 levy year, the county clerk shall extend a rate for that
3232 18 district for all purposes that is no greater than the
3333 19 educational limiting rate.
3434 20 (b) Each school district shall transmit to the State Board
3535 21 of Education any information required by the State Board of
3636
3737
3838
3939 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3105 Introduced , by Rep. Fred Crespo SYNOPSIS AS INTRODUCED:
4040 35 ILCS 200/Art. 18 Div. 7 heading new35 ILCS 200/18-280 new35 ILCS 200/18-285 new35 ILCS 200/18-290 new35 ILCS 200/20-15 35 ILCS 200/Art. 18 Div. 7 heading new 35 ILCS 200/18-280 new 35 ILCS 200/18-285 new 35 ILCS 200/18-290 new 35 ILCS 200/20-15
4141 35 ILCS 200/Art. 18 Div. 7 heading new
4242 35 ILCS 200/18-280 new
4343 35 ILCS 200/18-285 new
4444 35 ILCS 200/18-290 new
4545 35 ILCS 200/20-15
4646 Amends the Property Tax Code. Creates the School District Extension Freeze Law. Provides that, if at the end of any levy year, a school district has reserves of 50% or more of its operating budget, then the school district's extension for all purposes may not exceed its extension for the previous levy year. Provides that, if the school district has reserves of 60% or more at the end of the immediately preceding levy year, then the district's extension shall be reduced by an amount equal to the difference between the district's reserve amount for the immediately preceding levy year and a reserve amount of 60% for that levy year. Effective July 1, 2025.
4747 LRB104 11454 HLH 21542 b LRB104 11454 HLH 21542 b
4848 LRB104 11454 HLH 21542 b
4949 A BILL FOR
5050
5151
5252
5353
5454
5555 35 ILCS 200/Art. 18 Div. 7 heading new
5656 35 ILCS 200/18-280 new
5757 35 ILCS 200/18-285 new
5858 35 ILCS 200/18-290 new
5959 35 ILCS 200/20-15
6060
6161
6262
6363 LRB104 11454 HLH 21542 b
6464
6565
6666
6767
6868
6969
7070
7171
7272
7373 HB3105 LRB104 11454 HLH 21542 b
7474
7575
7676 HB3105- 2 -LRB104 11454 HLH 21542 b HB3105 - 2 - LRB104 11454 HLH 21542 b
7777 HB3105 - 2 - LRB104 11454 HLH 21542 b
7878 1 Education, by rule, for the purposes of making the
7979 2 determination required under this Section.
8080 3 (c) In the case of a school district that is subject to
8181 4 both the Property Tax Extension Limitation Law and this Law,
8282 5 the provisions of the Property Tax Extension Limitation Law
8383 6 shall be suspended for that district for any levy year in which
8484 7 the district is subject to the educational limiting rate under
8585 8 this Division.
8686 9 (d) For a school district that has reserves of 50% or more
8787 10 but not more than 60% of its operating budget at the end of the
8888 11 immediately preceding levy year, as determined by the State
8989 12 Board of Education, "educational limiting rate" means a
9090 13 fraction the numerator of which is the district's last
9191 14 preceding extension for all purposes and the denominator of
9292 15 which is the current year's equalized assessed value of all
9393 16 real property in the territory under the jurisdiction of the
9494 17 district during the prior levy year. For a school district
9595 18 that has reserves of 60% or more of its operating budget at the
9696 19 end of the immediately preceding levy year, as determined by
9797 20 the State Board of Education, "educational limiting rate"
9898 21 means a fraction (i) the numerator of which is the district's
9999 22 last preceding extension for all purposes minus the difference
100100 23 between the district's reserve amount for the immediately
101101 24 preceding levy year and a reserve amount of 60% for that levy
102102 25 year and (ii) the denominator of which is the current year's
103103 26 equalized assessed value of all real property in the territory
104104
105105
106106
107107
108108
109109 HB3105 - 2 - LRB104 11454 HLH 21542 b
110110
111111
112112 HB3105- 3 -LRB104 11454 HLH 21542 b HB3105 - 3 - LRB104 11454 HLH 21542 b
113113 HB3105 - 3 - LRB104 11454 HLH 21542 b
114114 1 under the jurisdiction of the taxing district during the prior
115115 2 levy year. In either case, the denominator shall not include
116116 3 new property or the recovered tax increment value, as defined
117117 4 in the Property Tax Extension Limitation Law.
118118 5 (35 ILCS 200/18-290 new)
119119 6 Sec. 18-290. Referendum to increase the educational
120120 7 limiting rate. A school district may increase its educational
121121 8 limiting rate for one or more levy years if the district holds
122122 9 a referendum before the levy date for the first levy year at
123123 10 which a majority of voters voting on the issue approves the
124124 11 higher educational limiting rate. Referenda shall be conducted
125125 12 at a regularly scheduled election in accordance with the
126126 13 Election Code. The question shall be presented in
127127 14 substantially the following manner:
128128 15 Shall the educational limiting rate for (school
129129 16 district) be increased from (applicable educational
130130 17 limiting rate) to (insert proposed educational limiting
131131 18 rate) for (insert each levy year for which the increased
132132 19 extension limitation will apply)?
133133 20 The votes must be recorded as "Yes" or "No".
134134 21 If a majority of voters voting on the issue approves the
135135 22 adoption of the increase, the increase shall be applicable for
136136 23 each levy year specified.
137137 24 (35 ILCS 200/20-15)
138138
139139
140140
141141
142142
143143 HB3105 - 3 - LRB104 11454 HLH 21542 b
144144
145145
146146 HB3105- 4 -LRB104 11454 HLH 21542 b HB3105 - 4 - LRB104 11454 HLH 21542 b
147147 HB3105 - 4 - LRB104 11454 HLH 21542 b
148148 1 Sec. 20-15. Information on bill or separate statement.
149149 2 There shall be printed on each bill, or on a separate slip
150150 3 which shall be mailed with the bill:
151151 4 (a) a statement itemizing the rate at which taxes have
152152 5 been extended for each of the taxing districts in the
153153 6 county in whose district the property is located, and in
154154 7 those counties utilizing electronic data processing
155155 8 equipment the dollar amount of tax due from the person
156156 9 assessed allocable to each of those taxing districts,
157157 10 including a separate statement of the dollar amount of tax
158158 11 due which is allocable to a tax levied under the Illinois
159159 12 Local Library Act or to any other tax levied by a
160160 13 municipality or township for public library purposes,
161161 14 (b) a separate statement for each of the taxing
162162 15 districts of the dollar amount of tax due which is
163163 16 allocable to a tax levied under the Illinois Pension Code
164164 17 or to any other tax levied by a municipality or township
165165 18 for public pension or retirement purposes,
166166 19 (b-5) a list of each tax increment financing (TIF)
167167 20 district in which the property is located and the dollar
168168 21 amount of tax due that is allocable to the TIF district,
169169 22 (c) the total tax rate,
170170 23 (d) the total amount of tax due, and
171171 24 (e) the amount by which the total tax and the tax
172172 25 allocable to each taxing district differs from the
173173 26 taxpayer's last prior tax bill, and .
174174
175175
176176
177177
178178
179179 HB3105 - 4 - LRB104 11454 HLH 21542 b
180180
181181
182182 HB3105- 5 -LRB104 11454 HLH 21542 b HB3105 - 5 - LRB104 11454 HLH 21542 b
183183 HB3105 - 5 - LRB104 11454 HLH 21542 b
184184 1 (f) if the property is located in a school district that
185185 2 had its extension reduced by operation of the School District
186186 3 Extension Freeze Law because it retained reserves of 60% or
187187 4 more at the end of the immediately preceding levy year, then a
188188 5 separate statement setting forth the amount by which the
189189 6 extension for educational purposes was reduced.
190190 7 The county treasurer shall ensure that only those taxing
191191 8 districts in which a parcel of property is located shall be
192192 9 listed on the bill for that property.
193193 10 In all counties the statement shall also provide:
194194 11 (1) the property index number or other suitable
195195 12 description,
196196 13 (2) the assessment of the property,
197197 14 (3) the statutory amount of each homestead exemption
198198 15 applied to the property,
199199 16 (4) the assessed value of the property after
200200 17 application of all homestead exemptions,
201201 18 (5) the equalization factors imposed by the county and
202202 19 by the Department, and
203203 20 (6) the equalized assessment resulting from the
204204 21 application of the equalization factors to the basic
205205 22 assessment.
206206 23 In all counties which do not classify property for
207207 24 purposes of taxation, for property on which a single family
208208 25 residence is situated the statement shall also include a
209209 26 statement to reflect the fair cash value determined for the
210210
211211
212212
213213
214214
215215 HB3105 - 5 - LRB104 11454 HLH 21542 b
216216
217217
218218 HB3105- 6 -LRB104 11454 HLH 21542 b HB3105 - 6 - LRB104 11454 HLH 21542 b
219219 HB3105 - 6 - LRB104 11454 HLH 21542 b
220220 1 property. In all counties which classify property for purposes
221221 2 of taxation in accordance with Section 4 of Article IX of the
222222 3 Illinois Constitution, for parcels of residential property in
223223 4 the lowest assessment classification the statement shall also
224224 5 include a statement to reflect the fair cash value determined
225225 6 for the property.
226226 7 In all counties, the statement must include information
227227 8 that certain taxpayers may be eligible for tax exemptions,
228228 9 abatements, and other assistance programs and that, for more
229229 10 information, taxpayers should consult with the office of their
230230 11 township or county assessor and with the Department of
231231 12 Revenue. For bills mailed on or after January 1, 2026, the
232232 13 statement must include, in bold face type, a list of
233233 14 exemptions available to taxpayers and contact information for
234234 15 the chief county assessment officer.
235235 16 In counties which use the estimated or accelerated billing
236236 17 methods, these statements shall only be provided with the
237237 18 final installment of taxes due. The provisions of this Section
238238 19 create a mandatory statutory duty. They are not merely
239239 20 directory or discretionary. The failure or neglect of the
240240 21 collector to mail the bill, or the failure of the taxpayer to
241241 22 receive the bill, shall not affect the validity of any tax, or
242242 23 the liability for the payment of any tax.
243243 24 (Source: P.A. 103-592, eff. 1-1-25.)
244244
245245
246246
247247
248248
249249 HB3105 - 6 - LRB104 11454 HLH 21542 b