Breaking News Bar
updated: 5/19/2014 6:40 PM

Bill filed to give homeowners a $500 tax refund

Success - Article sent! close
Associated Press

SPRINGFIELD -- A proposal to give Illinois homeowners a $500 property tax refund has been introduced in the General Assembly.

House Speaker Michael Madigan filed the legislation Monday.

Order Reprint Print Article
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

The measure was a key part of Gov. Pat Quinn's budget address earlier this year. The Chicago Democrat also proposed making Illinois' temporary income tax increase permanent.

Quinn says the $500 refunds would ease the burden of an unfair property tax system.

They also could help Quinn and other Democrats politically.

Under the proposal, refunds could be issued for 2013 property taxes as soon as September. That's just weeks before the November election, when Quinn and many other lawmakers face re-election.

Republicans have opposed the refunds because they would cost the state more than the current 5 percent property tax credit.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.