News

Madigan Introduces Property Tax Rebate Legislation

Madigan Introduces Property Tax Rebate Legislation

Photo: Newsradio WTAX

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.

The measure was a key part of Gov. Pat Quinn’s budget address earlier this year, as was making permanent the income tax increase of 2011.

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.

Recent Headlines

in Local

Higher Speed Limits Expanding to Tollroads: Senate Overrides Vetoes

Fresh
speed limit 70

The Illinois Senate has overridden the governor's vetoes of bills raising speed limits in Illinois.

in Local

Supreme Court Decision: Illinois May Have To Set Up Its Own Website

Fresh
online-health-620x400

Illinois may have to set up its own insurance webpage because of U.S. Supreme Court's ruling on Affordable Care Act.

in Election 2014, Local

Governor-Elect Rauner Prepares To Take Reins of Illinois’ Government

Fresh
governor's mansion

Governor-Elect Bruce Rauner busies himself with plans for taking reins of Illinois' government.

in Local

Heroin Kills: Man Sentenced To 24 Years For Dealing Lethal Drug

Fresh
heroin

A Pekin man is given 24 years in prison for selling heroin that prosecutors say killed at least three people.

in Local

Springfield Fire Captain Arrested for Wielding Gun

gun

The Menard County Sheriff's office says a Springfield Fire Department captain has been arrested for carrying a shotgun into a rural Athens home and threatening residents.