Illinois lawmakers will have four months to develop a comprehensive property tax relief plan—a strategy that could create momentum for Gov. J.B. Pritzker’s broader goal of replacing the state’s flat tax with a graduated income tax.
Pritzker signed legislation, S.B. 1932, creating the Illinois Property Tax Relief Task Force. The bill was one of several the first-term Democrat signed Aug. 2, including measures extending the film production and research and development tax credits.
The bipartisan task force, comprising members of the legislature and the Pritzker administration, is charged with identifying “the causes of increasingly burdensome property taxes” and ...
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