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HB 4320

PROP TX-EXTENSIONS

104th Regular Session Introduced by Jed Davis

Illinois bill modifying property tax extension procedures, potentially affecting local government revenue timing and property owner payment schedules.

Referred to Rules Committee
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WeVote Research Nonpartisan
Bill Summary · HB 4320

Legislative bill overview

HB 4320 appears to be a bill introduced in the Illinois House of Representatives by Representative Jed Davis that relates to property tax extensions. Based on the title reference to "PROP TX-EXTENSIONS," this legislation likely addresses the mechanism by which Illinois counties can extend property tax collection deadlines or modify property tax assessment procedures. The bill was filed January 7, 2026, and received its first reading on January 14, 2026.

Why is this important

Property tax extension procedures directly affect both municipal governments' revenue collection timing and property owners' payment obligations. Changes to extension mechanisms can influence local government budgeting certainty, affect when schools and public services receive funding, and impact taxpayers' cash flow management. Illinois property tax policy is a frequent subject of legislative attention due to the state's relatively high property tax burden.

Potential points of contention

  • Revenue timing impacts: Extensions may delay funding for schools, municipalities, and special districts, creating budget shortfalls or requiring interim borrowing arrangements
  • Taxpayer versus government interests: Property owners may support extensions for payment flexibility, while local governments may oppose delays in revenue collection
  • Implementation complexity: Changes to extension procedures could create administrative burdens for county assessors' offices and complicate taxpayer communication

Compiled from official sources — confirm details with the bill’s official record.

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