Bill > HB4290

This bill enhances transparency and taxpayer rights in property taxation by requiring property tax bills to include more detailed information, such as the percentage change in the total tax bill from the previous year, the equalized assessed value from the preceding year, and the total tax due for the current year attributable to ballot initiatives or referendums. It also mandates that each tax bill feature a QR code linking to contact information for the county assessor, a five-year tax bill history, and copies of budget and levy ordinances for relevant taxing districts. Furthermore, the bill amends the Truth in Taxation Law to require taxing districts to notify taxpayers individually if their aggregate levy, which is the total amount of property taxes a district plans to collect, exceeds 105% of the previous year's levy, and this notice must include a prominent statement that the district has voted to increase property taxes. Finally, it establishes a Property Taxpayer's Bill of Rights, outlining taxpayer entitlements like receiving accurate tax bills, proper notices, the ability to appeal assessments, view and attend hearings for taxing district budgets and levies, understand Tax Increment Financing (TIF) diversions, and have open communication with local leaders.

https://www.ilga.gov/Legislation/BillStatus?DocNum=4290&GAID=18&DocTypeID=HB&SessionID=114&GA=104