SB 3455 - Authorizes the Department of Revenue to Evaluate the Property Tax System - Illinois Key Vote

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Title: Authorizes the Department of Revenue to Evaluate the Property Tax System

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Title: Authorizes the Department of Revenue to Evaluate the Property Tax System

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the Department of Revenue to evaluate the property tax system in Illinois.

Highlights:

  • Authorizes the Illinois Department of Revenue and the Department of Commerce and Economic Opportunity to evaluate the property tax system in the state (Sec. 1).

  • Authorizes the department to in consultation with the Department of Commerce and Economic Opportunity, shall conduct a study to evaluate the property tax system in the State and shall analyze any information collected in connection with that study (Sec. 1).

  • Authorizes the department to complete a preliminary report and make it available to the public for inspection via electronic means prior to publication of the final report and submitted to the general assembly by July 1, 2026 (Sec. 1).

Title: Authorizes the Department of Revenue to Evaluate the Property Tax System

Title: Authorizes the Department of Revenue to Evaluate the Property Tax System

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