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| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB1175 Introduced 1/24/2025, by Sen. Michael W. Halpin SYNOPSIS AS INTRODUCED:
| | | Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall establish a property tax rebate program that allows licensed, not-for-profit child care centers that were obligated to pay property taxes to a unit of local government or special district in the State to apply to the Department for a rebate of those taxes. Grants the Department rulemaking authority to implement this provision. Effective immediately. |
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| | A BILL FOR |
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| | SB1175 | | LRB104 09091 HLH 19147 b |
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| 1 | | AN ACT concerning revenue.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Department of Commerce and Economic |
| 5 | | Opportunity Law of the Civil Administrative Code of Illinois |
| 6 | | is amended by adding Section 605-1118 as follows:
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| 7 | | (20 ILCS 605/605-1118 new) |
| 8 | | Sec. 605-1118. Child care center rebate. For State fiscal |
| 9 | | years beginning on or after July 1, 2025, subject to |
| 10 | | appropriation, the Department shall establish a property tax |
| 11 | | rebate program. The program shall allow licensed, |
| 12 | | not-for-profit child care centers that were obligated to pay |
| 13 | | property taxes to a unit of local government or special |
| 14 | | district in the State in the property tax collection year that |
| 15 | | ends on December 31 of the immediately preceding calendar year |
| 16 | | to apply to the Department for a rebate of those taxes. The |
| 17 | | Department shall adopt rules for the implementation of this |
| 18 | | Section.
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| 19 | | Section 99. Effective date. This Act takes effect upon |
| 20 | | becoming law. |