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Homeowners Receive Property Tax Break in Illinois

by Chicago Agent

 

Tornado damage in Harrisburg, IL

House Bill 4242 was unanimously approved  by the Illinois House in Springfield to freeze property taxes easements on properties that has been effected by natural disasters.

The bill was passed Friday March 30 and went into effect immediately.

Homeowners must apply for the exemption within two years of a disaster, and do not need to wait for the president or governor to declare a disaster in order to apply for the exemption.

“You have these little old couples that are living with their other families that just want to go back home, and they can’t afford to rebuild,”  Rep. Brandon Phelps, D-Harrisburg, told Galesburg.com, who said the bill was drafted after homeowners in his district saw an increase in their property taxes while still recovering from the damage to their homes by tornadoes and storms in early March.

Representatives and lawmakers from both parties across Illinois greatly supported this effort to bring relief to homeowners.

“This is not a southern Illinois problem,” said Rep. Ed Sullivan, R-Mundelein. “Someday the federal government might fail your area…Someday you might need this.”

 

 

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