Scored 7/10 on whether it helps or hurts everyday people.
The Property Hikes Bill
Illinois bill caps property tax hikes to 3% or CPI
PROP TX-ASSESSMENT LIMIT
Good for everyday people ·
If passed, the bill would limit how much your home’s assessed value can rise each year to 3% or the CPI, unless you add improvements.
Our take
What we think, in plain words.
Homeowners could see smaller tax bills, keeping more money in their pockets, while local governments may lose revenue for schools and services, so voters should watch the bill now.
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The facts
What the bill actually says, no spin.
- Limits assessment increase to the lesser of 3% or CPI.
- Excludes any increase caused by additions or improvements.
- Applies to all counties in Illinois.
- Preempts home‑rule units' power to levy higher taxes.
- Would take effect immediately if enacted.
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the Illinois Bill Book 2026
The best and worst Illinois bills of 2026, one page each — our take on the left, the bill on the right, and room for your notes. No email needed.
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