Lawmaker proposes property tax credits as housing debate continues

Lawmaker proposes property tax credits as housing debate continues

(The Center Square) – As state and local officials sound off on housing proposals at the Illinois Capitol, a state senator says it is time to take action on affordability and property tax relief.

Metro East Sen. Erica Harriss, R-Glen Carbon, announced a package of bills on Wednesday.

Harriss said Senate Bill 3959 provides a $500 tax credit for first-time home buyers.

“It can be carried forward up to five years. We know that the early years of a mortgage are sometimes the hardest, so this will help directly during those times,” Harriss said.

SB 3782 creates the Fairness in Property Tax Foreclosure Task Force.

Harriss said Illinois is the only state in the nation that has yet to comply with a Supreme Court ruling that governments cannot keep excess equity after a tax foreclosure.

“This task force will ensure that we reform the system responsibly and protect homeowners from losing the wealth they worked a lifetime to build,” Harriss said.

Harriss also introduced SB 3781, amending the Illinois Income Tax Act to make residential property taxes refundable.

Gov. J.B. Pritzker announced plans to address housing supply and cost when he delivered his budget address last month.

Pritzker was asked in Chicago last week about his proposal to make housing more affordable by giving the state authority over local land use.

“Tweaking local regulations, that’s really what we’re talking about, just to allow a little more in each neighborhood, in each area and at every level,” Pritzker said.

Peoria Mayor Rita Ali expressed opposition to the plan when she spoke in Springfield on Wednesday.

“Zoning and land use decisions are best made locally by the officials that are elected in these communities,” Ali said.

Event Calendar

[pdem_events format="calendar" size="xlarge" layout="stacked" exclude_category="sports,library" limit="22" debug="no"]

Events

No events

Leave a Comment





Latest News Stories

Trump takes aim at defense contractors as he looks to speed arms production

Trump takes aim at defense contractors as he looks to speed arms production

By Brett RowlandThe Center Square President Donald Trump criticized U.S. defense contractors on Tuesday, saying that he wants to produce the advanced weapons that the U.S. relies on for military...

WATCH: Candidate Dabrowski wants audit as IL Child Care Services funding skyrockets

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Republican gubernatorial candidate Ted Dabrowski is calling for a forensic audit of state spending on human...
Hegseth seeks to reduce Sen. Kelly's Navy retirement pay

Hegseth seeks to reduce Sen. Kelly’s Navy retirement pay

By Dave MasonThe Center Square Editor's note: This story has been updated since its initial publication to include a comment from the White House. Secretary of War Pete Hegseth plans...
Special election for Greene's seat set for March 10

Special election for Greene’s seat set for March 10

By Kim JarrettThe Center Square Former U.S. Rep. Marjorie Taylor Greene's congressional seat will be empty at least two months, likely three, as a special election already drawing 24 candidates...
Trump lays out 'roadmap for victory' during GOP House retreat

Trump lays out ‘roadmap for victory’ during GOP House retreat

By Sarah Roderick-FitchThe Center Square As the country is about to embark on a pivotal election year, President Donald Trump addressed the GOP U.S. House of Representatives retreat. During a...
WATCH: Trump ‘not gonna pay’ child care fraud; Immigration enforcement costs; Moving out

WATCH: Trump ‘not gonna pay’ child care fraud; Immigration enforcement costs; Moving out

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares the latest...
Duckworth pushes military IVF coverage as critics warn taxpayers could pay

Duckworth pushes military IVF coverage as critics warn taxpayers could pay

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois U.S. Sen. Tammy Duckworth, D-Schaumburg, criticizes the House speaker and the president after a provision...
Illinois quick hits: Increased flu activity reported

Illinois quick hits: Increased flu activity reported

By Jim Talamonti | The Center SquareThe Center Square Increased flu activity reported The Illinois Department of Public Health says flu activity is very high in the state, the most...
Chicago car impounds not unconstitutional ‘taking’: Court

Chicago car impounds not unconstitutional ‘taking’: Court

By Scott Holland | Legal NewslineThe Center Square A federal appeals panel says Chicago’s policy of towing and disposing of vehicles doesn’t reach the level of unconstitutional taking without compensation,...
Illinois quick hits: Fatal police-involved shooting investigated

Illinois quick hits: Fatal police-involved shooting investigated

By Jim Talamonti | The Center SquareThe Center Square Fatal police-involved shooting investigated Illinois State Police say they are investigating an officer-involved fatal shooting that took place Sunday night in...
Report: More people continue leaving Illinois than arriving

Report: More people continue leaving Illinois than arriving

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – Illinois state Rep. Martin McLaughlin argues lawmakers in Springfield only look in the mirror to come...
WATCH: Trump says U.S. will run Venezuela for foreseeable future

WATCH: Trump says U.S. will run Venezuela for foreseeable future

By Sarah Roderick-FitchThe Center Square The U.S. will run Venezuela “until such time as we can do a safe, proper and judicious transition,” President Donald Trump said Saturday following the...
World leaders call for UN response after Maduro capture

World leaders call for UN response after Maduro capture

By Morgan SweeneyThe Center Square The international community is reacting to the news that President Donald Trump announced early in the morning on social media: The U.S. carried out a...
Democrats slam Venezuelan strikes, Maduro capture

Democrats slam Venezuelan strikes, Maduro capture

By Andrew RiceThe Center Square Democratic lawmakers criticized President Donald Trump's announcement of land strikes against Venezuela and leader Nicolas Maduro's capture. In a post to social media, Trump announced...
Trump sheds more light on Venezuela strike, Maduro capture

Trump sheds more light on Venezuela strike, Maduro capture

By Sarah Roderick-FitchThe Center Square President Donald Trump shed more light on the strikes on Venezuela and the operation to capture Venezuelan President Nicolas Maduro. During an interview on Fox...