Bill > HB0175

This bill appropriates a minimal amount of $2 from the General Revenue Fund to the Property Tax Appeal Board (PTAB) to cover its ordinary and contingent expenses for fiscal year 2026, effective July 1, 2025. The Property Tax Appeal Board is a state agency responsible for hearing property tax assessment appeals from property owners who believe their property has been assessed at an incorrect value. While the appropriation amount is extremely small, which is unusual, the bill provides funding to support the board's operational activities and ensure it can continue its function of reviewing and potentially adjusting property tax assessments. The bill follows the standard legislative process of allocating funds to a specific state agency for its ongoing operational needs.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=175&GAID=18&DocTypeID=HB&SessionID=114&GA=104