IL House having a hard time putting that bottle cap on taxes!
Legislators are trying to keep your property taxes from getting out of control but they are having a tough time against opposition from within their own ranks. If you feel that your taxes have gotten 'out of control', please send a message with your opinion. In fact, I think that Senator Link needs to hear the opinions of area constituents on his opposition to this issue!
"A new bill approved by the Illinois House would prohibit cities, counties and other local government bodies from raising property taxes on homeowners for years when the assessed value of their home declines.
Passing by a 74-39 margin, the bill would only allow such property tax increases if voters approved the measure in a special referendum.
The bill, which legislators say is supposed to protect the finances of middle-class taxpayers, was backed by Jack Franks, a Democratic state representative from Marengo who originally presented the bill in November, when it was swiftly defeated in a 34-73 vote.
“This wouldn't take any money away from local governments and schools,” Franks said about the bill. “They would get the same amount of money they got last year. If they need more money, they can ask the voters.”
The bill, however, is still not law – it must now make its way through the Illinois Senate, where it could face strong opposition from school districts, firefighters, police officers and teachers, all segments of the local public sector that count on property taxes for their funding and salaries.
Chicago Agent Magazine