WeVote
Log In

Bill

Bill

HB 1495

REVENUE-PROP TAX RELIEF

104th Regular Session Introduced by John Cabello and 13 co-sponsors

I don't have access to the specific text or details of Illinois HB 1495 in my knowledge base, so I cannot provide an accurate analysis of this bill's actual provisions, fiscal i...

Added Co-Sponsor Rep. Kevin Schmidt
0
WeVote Research Nonpartisan
Bill Summary · HB 1495

I don't have access to the specific text or details of Illinois HB 1495 in my knowledge base, so I cannot provide an accurate analysis of this bill's actual provisions, fiscal impact, or policy implications.

To give you the balanced, professional analysis you've requested, I would need:

  1. The bill's full text - What specific tax relief mechanisms does it propose?
  2. Revenue impact estimates - How much revenue would the state forgo?
  3. Who benefits - Does it target homeowners, businesses, specific income levels, or property types?
  4. Implementation details - How would the relief be administered?

What I can tell you: The bill is in early-to-mid stage committee review (currently in Rules Committee as of March 2025), suggesting it's being considered but hasn't advanced to floor votes yet. The bipartisan sponsorship across multiple representatives suggests it may have broader support, though sponsorship alone doesn't indicate likelihood of passage.

To get a proper analysis, I recommend:
- Checking the Illinois General Assembly website (ilga.gov) for the full bill text
- Reviewing fiscal notes from the Illinois Commission on Government Forecasting and Accountability
- Examining statements from the House Tax Policy Committee

Would you like to share the bill's specific language so I can provide the analysis in the requested format?

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

Sign in to ask a question.