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HB 2592

Trespass with an unmanned aircraft system; penalties.

2025 Regular Session Introduced by Amanda Batten

Allows taxing districts to abate condo taxes for qualifying low-income communities, up to the annual condo association special assessment for repairs, easing owners' tax bills.

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Bill Summary · HB 2592

HB 2592 — Property Tax: Condominium Abatement for Low‑Income Communities (2025)

Status: Re-referred to Rules Committee (Rule 19(a))
Introduced: Feb 6–7, 2025 by Rep. Curtis J. Tarver, II
Statutory change: Adds Section 18‑185.25 to the Illinois Property Tax Code (35 ILCS 200)

Purpose

Allow local taxing districts to reduce (abate) property tax bills for condominium units that are located in low‑income communities and that face special assessments for repairs, by an amount up to the special assessment imposed during the taxable year.

Key provisions

  • Adds new Section 18‑185.25 to the Property Tax Code.
  • Authority: Any taxing district, by a majority vote of its governing authority and after the determination of assessed valuations, may order the county clerk to abate any portion of its taxes on a qualifying condominium property.
  • Limit on abatement: The abated amount may not exceed the special assessments imposed against that condominium property by the condominium association during the taxable year.
  • Definition:
    • "Low‑income community" — a census tract where at least 50% of households have incomes at or below 80% of the Area Median Income (AMI).
    • "Qualified condominium property" — a condominium located in a low‑income community that has a condominium association special assessment for repairs in the taxable year.
  • Implementation: The county clerk carries out the abatement after receiving the taxing district’s order.
  • Effective date: The Act takes effect immediately upon becoming law.

Who is affected

  • Condo owners/residents in qualifying low‑income census tracts who face association special assessments for repairs — potentially reduced tax liabilities.
  • Condominium associations — special assessments remain unchanged, but members may get tax relief.
  • Taxing districts — may choose to provide relief, which reduces their levied collections (for the taxing district’s portion of the tax on the affected property).
  • County clerks — administrative role in applying abatements.
  • Local government budgets/finance officers — may need to account for potential reductions in tax receipts.

Fiscal and administrative considerations

  • The measure is permissive (taxing districts opt in); fiscal impact depends on how many districts adopt abatements and the aggregate amounts of special assessments.
  • Administrative needs: verifying that a property meets the “low‑income community” and “special assessment” criteria; coordinating abatement orders and tax billing adjustments.
  • Potential equity benefit: aligns tax relief with repair-related financial hardship in lower‑income areas.
  • Potential revenue impact: local taxing districts may see reduced collections for properties receiving abatements; county clerks will incur administrative work to process abatements.

Legislative status / timeline (selected)

  • Filed: Feb 4–7, 2025
  • Referred to Rules Committee; assigned to Revenue & Finance Committee and Property Tax Subcommittee
  • Read first time: Mar 17, 2025; re‑referred to Rules Committee under Rule 19(a) on Mar 21, 2025

This summary reflects the introduced version of HB 2592 (2025) as provided.

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

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