A press release from State Rep. David McSweeney:
Rep. David McSweeney Calls for Permanently Reducing Property Taxes
Cary, IL – State Representative David McSweeney (R-Barrington Hills) says Illinois immediately needs a permanent property tax cut, which is why he has again introduced a measure to permanently freeze property taxes in Illinois.
McSweeney also supports government consolidation measures that will help reduce property taxes.
“Illinois now has the highest property taxes in the country,” McSweeney said.
“We cannot afford to keep seeing property taxes increase year after year.
“The time has come to permanently freeze property taxes in Illinois.”
According to a CoreLogic report released last year, Illinois now has the highest property taxes in the country. Additionally, nearly 115,000 people left Illinois from July 2015 to July 2016 – in large part due to the high taxes here in Illinois.
“I have heard from many of my constituents who tell me they are either thinking about leaving or already have made plans to leave Illinois because of the ridiculously high property taxes they have to pay,” McSweeney said.
“The Legislature cannot continue to ignore the negative impact that rising property taxes are having on our state.”
House Bill 358 permanently freezes property tax rates in Illinois for all units of government beginning in tax year 2017.
Property taxes could only be increased by a voter referendum.
Similar legislation (HB6630) passed the House during the lame duck session of the Legislature earlier this month.
McSweeney was a lead co-sponsor of the legislation, which received 76 votes in the House
“It is time for the General Assembly to finally enact a permanent property tax freeze,” McSweeney said.
“Property tax rates are hurting working families and our senior citizens. They need relief and that is what this legislation will provide. Either we pass a permanent property tax freeze or we will see more and more of our residents continue to leave Illinois.”
House Bill 358 has been introduced and awaits assignment to a legislative committee.