DES PLAINES – After the Property Tax Relief Task Force met for the first time this Monday, State Senator Laura Murphy (D-Des Plaines) reported that the task force is ready to reform the state’s regressive property tax system.
As part of the Fair Tax legislative package, the bipartisan task force will determine ways legislators can reform the state’s regressive property tax system to reduce taxes on low- and middle- income earners. The task force will produce their final report by Dec. 31, 2019.
“No matter what your political affiliation is, everyone knows that the property taxes in Illinois are a regressive burden on low- and middle-income families,” said Murphy. “I’m thrilled to be part of a bipartisan team that will solve a real problem for working people in our state. Addressing our backward property tax system will keep people in Illinois and more importantly give our working families a path to economic stability.”