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What you need to know about the Illinois Senate’s property tax freeze

Madeleine DoubekReboot Illinois

Feb 07, 2017

(Editor’s Note: This article is part of an occasional series delving into the details and possible effects of the Illinois Senate’s “Grand Bargain” compromise. Click here to read an overview of the bargain and series. A breakdown of proposed tax increases can be found here. A look at a school funding formula framework is here.)

Since Gov. Bruce Rauner first began running for office, he and state lawmakers have been debating the notion of a property tax freeze to provide relief to overburdened home and property owners even as the state’s debt grows like a mushroom cloud.

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