PROP TX-SOUTH SUBURBAN CREDIT

Illinois General Assembly - Full Text of HB1167

Select Language

×

The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein.

Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet.

The English language version is always the official and authoritative version of this website.

NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window.

Choose Language

English

Afrikaans

Albanian

Arabic

Armenian

Azerbaijani

Basque

Bengali

Bosnian

Catalan

Croatian

Czech

Danish

Dutch

Esperanto

Estonian

Filipino

Finnish

French

Galician

Georgian

German

Greek

Gujarati

Haitian Creole

Hausa

Hawaiian

Hebrew

Hindi

Hungarian

Icelandic

Indonesian

Interlingua

Interlingue

Inuktitut

Irish

Italian

Japanese

Javanese

Kannada

Khmer

Korean

Latin

Latvian

Lithuanian

Luxembourgish

Macedonian

Malagasy

Malayalam

Maltese

Maori

Marathi

Myanmar

Nepali

Norwegian

Odia

Pashto

Punjabi

Romanian

Russian

Samoan

Sango

Sanskrit

Sardinian

Sindhi

Sinhala

Slovak

Slovenian

Somali

Southern Sotho

Spanish

Sundanese

Swahili

Swedish

Tamil

Telugu

Thai

Tigrinya

Tonga

Turkish

Ukrainian

Urdu

Vietnamese

Welsh

Xhosa

Yiddish

Yoruba

Zulu

Powered by
Translate

Close

Illinois General Assembly

Top Navigation Bar

Translate

Learn

Select General Assembly

Search the 104th General Assembly

Enter search terms for legislation, members, committees, or schedules.

ILGA.GOV

LEGISLATION & LAWS

Bills & Resolutions

Public Acts

Illinois Compiled Statutes

Illinois Constitution

Search Legislation

Glossary

Guide

Reports & Inquiry

Legislative Reports

Special Reports

FTP Site

Legislator Lookup

Capitol Complex Phone Numbers

Rules & Regulations

Illinois Register

Administrative Rules

Senate

Members

Schedules

Committees

Request for Remote Testimony

Journals

Transcripts

Rules

Audio/Video

FOIA Information

Senate Employment Opportunities

Media Guidelines

House

Members

Schedules

Committees

Submit testimony for House Committees

Journals

Transcripts

Rules

Audio/Video

FOIA Information

House Employment Opportunities

Log In

Mobile Top Bar

Search the 104th General Assembly

Enter keywords to search the Illinois General Assembly website.

Full Text of HB1167

Home

Legislation

Full Text

HB1167 - 104th General Assembly

Bill Status

Full Text

Votes

Witness Slips

Select Menu

Bill Status

Full Text

Votes

Witness Slips

Printer Friendly Version

Introduced

Printer Friendly Version

Introduced

Open PDF

104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB1167

Introduced 1/9/2025, by Rep. Thaddeus Jones

SYNOPSIS AS INTRODUCED:

30 ILCS 105/5.1030 new
30 ILCS 105/6z-112
30 ILCS 105/6z-144 new
35 ILCS 200/15-175.1 new
230 ILCS 40/60

Amends the Property Tax Code. Creates the South Suburban Property Tax
Relief Homestead Exemption Pilot Program. Provides that, for taxable years
2026 through 2030, certain qualified homestead property that is used as
the primary residence of an individual who has occupied the property for at
least 5 continuous years as of January 1 of the taxable year is eligible
for a credit against the property taxes imposed on that property. Provides
that the amount of the credit is the lesser of (i) the property tax
liability for the property for the applicable taxable year or (ii) $5,000.
Contains provisions concerning applications for the pilot program.
Provides that the Cook County Assessor may not award credits under the
pilot program for more than 7,500 properties in any taxable year. Amends
the State Finance Act. Creates the South Suburban Property Tax Relief
Fund. Provides that moneys in the Fund shall be used to make reimbursements
to taxing districts that are affected by the South Suburban Property Tax
Relief Homestead Exemption Pilot Program. Makes changes to provisions
concerning the Cannabis Regulation Fund to provide for transfers to the
South Suburban Property Tax Relief Fund. Amends the Video Gaming Act to
make conforming changes. Effective immediately.
LRB104 06475 HLH 16511 b

A BILL FOR

HB1167
LRB104 06475 HLH 16511 b
1

AN ACT concerning revenue.

2

Be it enacted by the People of the State of Illinois,
3
represented in the General Assembly:

4

Section 5.
The State Finance Act is amended by changing
5
Section 6z-112 and by adding Sections 5.1030 and 6z-144 as
6
follows:

7

(30 ILCS 105/5.1030 new)
8

Sec. 5.1030.
The South Suburban Property Tax Relief Fund.

9

(30 ILCS 105/6z-112)
10

Sec. 6z-112.
The Cannabis Regulation Fund.
11

(a) There is created the Cannabis Regulation Fund in the
12
State treasury, subject to appropriations unless otherwise
13
provided in this Section. All moneys collected under the
14
Cannabis Regulation and Tax Act shall be deposited into the
15
Cannabis Regulation Fund, consisting of taxes, license fees,
16
other fees, and any other amounts required to be deposited or
17
transferred into the Fund.
18

(b) Whenever the Department of Revenue determines that a
19
refund should be made under the Cannabis Regulation and Tax
20
Act to a claimant, the Department of Revenue shall submit a
21
voucher for payment to the State Comptroller, who shall cause
22
the order to be drawn for the amount specified and to the

HB1167
- 2 -
LRB104 06475 HLH 16511 b
1
person named in the notification from the Department of
2
Revenue. This subsection (b) shall constitute an irrevocable
3
and continuing appropriation of all amounts necessary for the
4
payment of refunds out of the Fund as authorized under this
5
subsection (b).
6

(c) On or before the 25th day of each calendar month, the
7
Department of Revenue shall prepare and certify to the State
8
Comptroller the transfer and allocations of stated sums of
9
money from the Cannabis Regulation Fund to other named funds
10
in the State treasury. The amount subject to transfer shall be
11
the amount of the taxes, license fees, other fees, and any
12
other amounts paid into the Fund during the second preceding
13
calendar month, minus the refunds made under subsection (b)
14
during the second preceding calendar month by the Department.
15
The transfers shall be certified as follows:
16

(1) The Department of Revenue shall first determine
17

the allocations which shall remain in the Cannabis
18

Regulation Fund, subject to appropriations, to pay for the
19

direct and indirect costs associated with the
20

implementation, administration, and enforcement of the
21

Cannabis Regulation and Tax Act by the Department of
22

Revenue, the Department of State Police, the Department of
23

Financial and Professional Regulation, the Department of
24

Agriculture, the Department of Public Health, the
25

Department of Commerce and Economic Opportunity, and the
26

Illinois Criminal Justice Information Authority.

HB1167
- 3 -
LRB104 06475 HLH 16511 b
1

(2) After the allocations have been made as provided
2

in paragraph (1) of this subsection (c), of the remainder
3

of the amount subject to transfer for the month as
4

determined in this subsection (c), the Department shall
5

certify the transfer into the Cannabis Expungement Fund
6

1/12 of the fiscal year amount appropriated from the
7

Cannabis Expungement Fund for payment of costs incurred by
8

State courts, the Attorney General, State's Attorneys,
9

civil legal aid, as defined by Section 15 of the Public
10

Interest Attorney Assistance Act, and the Department of
11

State Police to facilitate petitions for expungement of
12

Minor Cannabis Offenses pursuant to Public Act 101-27, as
13

adjusted by any supplemental appropriation, plus
14

cumulative deficiencies in such transfers for prior
15

months.
16

(3) After the allocations have been made as provided
17

in paragraphs (1) and (2) of this subsection (c), the
18

Department of Revenue shall certify to the State
19

Comptroller and the State Treasurer shall transfer the
20

amounts that the Department of Revenue determines shall be
21

transferred into the following named funds according to
22

the following:
23

(A) 2% shall be transferred to the Drug Treatment
24

Fund to be used by the Department of Human Services
25

for: (i) developing and administering a scientifically
26

and medically accurate public education campaign

HB1167
- 4 -
LRB104 06475 HLH 16511 b
1

educating youth and adults about the health and safety
2

risks of alcohol, tobacco, illegal drug use (including
3

prescription drugs), and cannabis, including use by
4

pregnant women; and (ii) data collection and analysis
5

of the public health impacts of legalizing the
6

recreational use of cannabis. Expenditures for these
7

purposes shall be subject to appropriations.
8

(B) 8% shall be transferred to the Local
9

Government Distributive Fund and allocated as provided
10

in Section 2 of the State Revenue Sharing Act. The
11

moneys shall be used to fund crime prevention
12

programs, training, and interdiction efforts,
13

including detection, enforcement, and prevention
14

efforts, relating to the illegal cannabis market and
15

driving under the influence of cannabis.
16

(C) 25% shall be transferred to the Criminal
17

Justice Information Projects Fund to be used for the
18

purposes of the Restore, Reinvest, and Renew Program
19

to address economic development, violence prevention
20

services, re-entry services, youth development, and
21

civil legal aid, as defined by Section 15 of the Public
22

Interest Attorney Assistance Act. The Restore,
23

Reinvest, and Renew Program shall address these issues
24

through targeted investments and intervention programs
25

and promotion of an employment infrastructure and
26

capacity building related to the social determinants

HB1167
- 5 -
LRB104 06475 HLH 16511 b
1

of health in impacted community areas. Expenditures
2

for these purposes shall be subject to appropriations.
3

(D) 20% shall be transferred to the Department of
4

Human Services Community Services Fund, to be used to
5

address substance abuse and prevention and mental
6

health concerns, including treatment, education, and
7

prevention to address the negative impacts of
8

substance abuse and mental health issues, including
9

concentrated poverty, violence, and the historical
10

overuse of criminal justice responses in certain
11

communities, on the individual, family, and community,
12

including federal, State, and local governments,
13

health care institutions and providers, and
14

correctional facilities. Expenditures for these
15

purposes shall be subject to appropriations.
16

(E) 10% shall be transferred to the Budget
17

Stabilization Fund.
18

(F) On and after January 1, 2026 and before
19

December 31, 2030, 1% shall be transferred to the
20

South Suburban Property Tax Relief Fund until
21

transfers under this item (F) for the calendar year
22

equal 50% of the amount certified by the Cook County
23

Assessor to the State Comptroller under subsection (b)
24

of Section 15-175.1 of Property Tax Code.

25

(G) Any

(F) 35%, or any
remaining balance
,
shall
26

be transferred to the General Revenue Fund.

HB1167
- 6 -
LRB104 06475 HLH 16511 b
1

As soon as may be practical, but no later than 10 days
2
after receipt, by the State Comptroller of the transfer
3
certification provided for in this subsection (c) to be given
4
to the State Comptroller by the Department of Revenue, the
5
State Comptroller shall direct and the State Treasurer shall
6
transfer the respective amounts in accordance with the
7
directions contained in such certification.
8

(d) On July 1, 2019 the Department of Revenue shall
9
certify to the State Comptroller and the State Treasurer shall
10
transfer $5,000,000 from the Compassionate Use of Medical
11
Cannabis Fund to the Cannabis Regulation Fund.
12

(e) Notwithstanding any other law to the contrary and
13
except as otherwise provided in this Section, this Fund is not
14
subject to sweeps, administrative charge-backs, or any other
15
fiscal or budgetary maneuver that would in any way transfer
16
any amounts from this Fund into any other fund of the State.
17

(f) The Cannabis Regulation Fund shall retain a balance of
18
$1,000,000 for the purposes of administrative costs.
19

(g) In Fiscal Year 2024 the allocations in subsection (c)
20
of this Section shall be reviewed and adjusted if the General
21
Assembly finds there is a greater need for funding for a
22
specific purpose in the State as it relates to Public Act
23
101-27.
24
(Source: P.A. 101-27, eff. 6-25-19; 102-558, eff. 8-20-21.)

25

(30 ILCS 105/6z-144 new)

HB1167
- 7 -
LRB104 06475 HLH 16511 b
1

Sec. 6z-144.
The South Suburban Property Tax Relief Fund;
2
creation.
The South Suburban Property Tax Relief Fund is
3
hereby created as a special fund in the State treasury. Moneys
4
in the South Suburban Property Tax Relief Fund shall be used by
5
the Cook County Treasurer to make reimbursements to taxing
6
districts as provided in subsection (c) of Section 15-175.1 of
7
the Property Tax Code. Any moneys remaining unencumbered and
8
unexpended in the South Suburban Property Tax Relief Fund on
9
December 31, 2031 shall be transferred to the General Revenue
10
Fund and the South Suburban Property Tax Relief Fund shall be
11
dissolved on June 30, 2032.
12

This Section is repealed on July 1, 2032.

13

Section 10.
The Property Tax Code is amended by adding
14
Section 15-175.1 as follows:

15

(35 ILCS 200/15-175.1 new)
16

Sec. 15-175.1.
South suburban property tax relief
17
homestead exemption pilot program.
18

(a) Notwithstanding any other provision of law, for
19
taxable years 2026 through 2030, qualified homestead property
20
is eligible for a credit against the property taxes imposed on
21
that property under this Code. The amount of the credit is the
22
lesser of (i) the property tax liability for the property for
23
the applicable taxable year or (ii) $5,000. A credit under
24
this Section may not reduce the property tax liability for any

HB1167
- 8 -
LRB104 06475 HLH 16511 b
1
property to less than zero. Property is not eligible for a
2
credit under this Section if the property receives any other
3
homestead exemption under this Code for the applicable taxable
4
year, other than the general homestead exemption under Section
5
15-175. A credit may not be awarded under this Section with
6
respect to any property if that property received a credit
7
under this Section in either of the 2 immediately preceding
8
taxable years.

9

(b) Eligible qualified taxpayers shall apply with the Cook
10
County Assessor for the credit under this Section on or before
11
January 1 of the applicable taxable year. Applications shall
12
be made in the form and manner required by the Cook County
13
Assessor. The Cook County Assessor may not award credits under
14
this Section for more than 7,500 properties in any taxable
15
year. Credits under this Section shall be awarded on a
16
first-come, first-served basis. The Cook County Assessor shall
17
certify to the State Comptroller the total amount awarded in
18
credits under this Section for each taxable year of the pilot
19
program period.

20

(c) The property taxes collected for the qualified
21
homestead property for the taxable year in which the credit
22
under this Section is applied to the property shall be
23
distributed to the taxing districts in which the property is
24
located according to each taxing district's proportionate
25
share of the qualified homestead property's aggregate
26
liability. In addition, the Cook County Treasurer shall

HB1167
- 9 -
LRB104 06475 HLH 16511 b
1
reimburse taxing districts, from moneys appropriated to the
2
Cook County Treasurer from the South Suburban Property Tax
3
Relief Fund for that purpose, in an amount equal to the amount
4
that, when coupled with property tax collections attributable
5
to the qualified homestead property for the applicable taxable
6
year, equals the amount that would have been collected from
7
the qualified homestead property in the applicable taxable
8
year if the credit under this Section had not been applied.

9

(d) As used in this Section:

10

"Eligible zip code" means any of the following zip codes:
11
60409, 60419, 60411, 60478, 60426, 60429, 60430, 60475, 60633,
12
60469, 60428, 60429, 60445, 60438, or 60473.

13

"Homestead property" has the meaning given to that term in
14
Section 15-175.

15

"Pilot program period" means taxable years 2026 through
16
2030.

17

"Qualified homestead property" means homestead property
18
that is located in an eligible zip code and that is owned and
19
occupied as a primary residence by a qualified taxpayer.

20

"Qualified taxpayer" means an individual who, for at least
21
5 continuous years as of January 1 of the taxable year, has
22
occupied the qualified homestead property as a primary
23
residence.

24

(e) Notwithstanding Sections 6 and 8 of the State Mandates
25
Act, no reimbursement by the State is required for the
26
implementation of any mandate created by this Section.

HB1167
- 10 -
LRB104 06475 HLH 16511 b
1

Section 15.
The Video Gaming Act is amended by changing
2
Section 60 as follows:

3

(230 ILCS 40/60)
4

Sec. 60.
Imposition and distribution of tax.
5

(a) A tax of 30% is imposed on net terminal income and
6
shall be collected by the Board.
7

On and after January 1, 2026 and before December 31, 2030,
8
1% of the tax collected under this subsection (a) shall be
9
deposited into the South Suburban Property Tax Relief Fund
10
until the total amount of those deposits for the calendar year
11
equals 50% of the amount certified by the Cook County Assessor
12
to the State Comptroller under subsection (b) of Section
13
15-175.1 of Property Tax Code.
Of the
remainder of the
tax
14
collected under this subsection (a), five-sixths shall be
15
deposited into the Capital Projects Fund and one-sixth shall
16
be deposited into the Local Government Video Gaming
17
Distributive Fund.
18

(b) Beginning on July 1, 2019, an additional tax of 3% is
19
imposed on net terminal income and shall be collected by the
20
Board.
21

Beginning on July 1, 2020, an additional tax of 1% is
22
imposed on net terminal income and shall be collected by the
23
Board.
24

Beginning on July 1, 2024, an additional tax of 1% is

HB1167
- 11 -
LRB104 06475 HLH 16511 b
1
imposed on net terminal income and shall be collected by the
2
Board.
3

The tax collected under this subsection (b) shall be
4
deposited into the Capital Projects Fund.
5

(c) Revenues generated from the play of video gaming
6
terminals shall be deposited by the terminal operator, who is
7
responsible for tax payments, in a specially created, separate
8
bank account maintained by the video gaming terminal operator
9
to allow for electronic fund transfers of moneys for tax
10
payment.
11

(d) Each licensed establishment, licensed truck stop
12
establishment, licensed large truck stop establishment,
13
licensed fraternal establishment, and licensed veterans
14
establishment shall maintain an adequate video gaming fund,
15
with the amount to be determined by the Board.
16

(e) The State's percentage of net terminal income shall be
17
reported and remitted to the Board within 15 days after the
18
15th day of each month and within 15 days after the end of each
19
month by the video terminal operator. A video terminal
20
operator who falsely reports or fails to report the amount due
21
required by this Section is guilty of a Class 4 felony and is
22
subject to termination of his or her license by the Board. Each
23
video terminal operator shall keep a record of net terminal
24
income in such form as the Board may require. All payments not
25
remitted when due shall be paid together with a penalty
26
assessment on the unpaid balance at a rate of 1.5% per month.

HB1167
- 12 -
LRB104 06475 HLH 16511 b
1
(Source: P.A. 103-592, eff. 6-7-24.)

2

Section 99.
Effective date.
This Act takes effect upon
3
becoming law.

Footer

Disclaimer

This site is maintained for the Illinois General Assembly by the
Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706.

Contact ILGA Webmaster

ILGA.gov uses cookies to ensure you get the best experience on our website. By continuing to browse ILGA.gov you consent to our use of cookies.
Read About Cookies

ILGA.GOV

2026 ILGA.gov | All Rights Reserved |
ADA

|
Disclaimers
|
Learn

This site is maintained for the Illinois General Assembly by the
Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706.
Contact ILGA Webmaster

ILGA.gov uses cookies to ensure you get the best experience on our website. By continuing to browse ILGA.gov you consent to our use of cookies.
Read About Cookies

ILGA.GOV

2026 ILGA.gov | All Rights Reserved |
ADA

|
Disclaimers
|
Learn