Bill > HB2020

This bill appropriates a minimal amount of $2 from the General Revenue Fund (the state's main operating fund) to the Property Tax Appeal Board (PTAB) to cover its ordinary and contingent expenses for fiscal year 2026. The Property Tax Appeal Board is a state agency that provides an administrative review process for property owners who believe their property has been incorrectly assessed for tax purposes and wish to challenge their property tax assessment. The appropriation will become effective on July 1, 2025, which marks the beginning of the state's fiscal year. While the dollar amount is unusually low and might suggest a technical or placeholder appropriation, the bill ensures that the PTAB has at least some funding allocated for its operational expenses in the upcoming fiscal year.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2020&GAID=18&DocTypeID=HB&SessionID=114&GA=104