Illinois HB 5612: LANDLORD ACCOUNTABILITY

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB5612

Introduced 2/13/2026, by Rep. Travis Weaver 

SYNOPSIS AS INTRODUCED:

30 ILCS 105/5.1038 new

105 ILCS 5/2-3.214 new

 Amends the School Code. Provides that the State Board of Education shall establish and administer a program to award property tax relief grants to school districts in this State. Provides that, in exchange for receiving a grant, a school district's maximum aggregate property tax extension for the taxable year may not exceed its adjusted maximum aggregate property tax extension for that taxable year. Amends the State Finance Act to create the Education Property Tax Relief Fund.

LRB104 20415 HLH 33879 b

A BILL FOR

HB5612LRB104 20415 HLH 33879 b

1 AN ACT concerning revenue.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The State Finance Act is amended by adding 

5Section 5.1038 as follows:

6 (30 ILCS 105/5.1038 new)

7 Sec. 5.1038. The Education Property Tax Relief Fund.

8 Section 10. The School Code is amended by adding Section 

92-3.214 as follows:

10 (105 ILCS 5/2-3.214 new)

11 Sec. 2-3.214. School district property tax relief grant 

12program.

13 (a) As used in this Section: 

14 "Adjusted maximum aggregate property tax extension" means 

15the highest aggregate property tax extension that a school 

16district is authorized by law to levy, without regard to this 

17Section, for the taxable year for which the adjusted maximum 

18aggregate property tax extension is calculated, minus the 

19grant amount received by the school district for the fiscal 

20year that ends during the taxable year for which the adjusted 

21maximum aggregate property tax extension is calculated.