republic-os/legislation/us/states/il/94th/hb-504.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	PROP TX-REFUNDS	Amends the Property Tax Code. Provides that property tax refunds must be paid to the taxpayer at the annual rate of the lesser of (i) 5% or (ii) the percentage increase in the Consumer Price Index For All Urban Consumers during the 12-month calendar year preceding the levy year for which the refund was made, as published by the federal Bureau of Labor Statistics (now, the interest rate is 5% per year). Effective January 1, 2006.	us/states/il	Illinois General Assembly	94th	HB 504	Illinois HB 504 (94th)	bill		enacted		3	39	2	2005-01-27	2005-08-12	openstates	ocd-bill/2e0cd5f5-f645-454e-9425-a67869e501e2	http://ilga.gov/legislation/BillStatus.asp?DocNum=504&GAID=8&DocTypeID=HB&LegId=14872&SessionID=50&GA=94	828e201eaf239f57d728a62810416f75aa8a833174d4359b1c5082bdf5794ffb	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois HB 504 (94th) — PROP TX-REFUNDS

Amends the Property Tax Code. Provides that property tax refunds must be paid to the taxpayer at the annual rate of the lesser of (i) 5% or (ii) the percentage increase in the Consumer Price Index For All Urban Consumers during the 12-month calendar year preceding the levy year for which the refund was made, as published by the federal Bureau of Labor Statistics (now, the interest rate is 5% per year). Effective January 1, 2006.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. Introduced (filed) — source
2. Engrossed (committee substitute) — source
3. Enrolled (enrolled) — source

Votes

• Third Reading — 63–48 (pass) · lower
• Third Reading — 52–5 (pass) · upper

Sponsors

• Elaine Nekritz — primary (person)
• Ira I. Silverstein — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2005-01-27 Filed with the Clerk by Rep. Elaine Nekritz filing
• 2005-01-27 Chief Co-Sponsor Rep. Kathleen A. Ryg
• 2005-01-27 First Reading reading-1
• 2005-01-27 Referred to Rules Committee referral-committee
• 2005-02-02 Assigned to Revenue Committee referral-committee
• 2005-02-08 Added Chief Co-Sponsor Rep. Sidney H. Mathias
• 2005-02-16 Added Chief Co-Sponsor Rep. Robin Kelly
• 2005-02-18 Recommends Be Adopted Sub-committee/ Revenue Committee; 003-000-000 committee-passage-favorable
• 2005-02-18 Remains in Revenue Committee
• 2005-03-01 Added Co-Sponsor Rep. Karen A. Yarbrough
• 2005-03-10 Do Pass / Short Debate Revenue Committee; 012-000-000 committee-passage
• 2005-03-10 Placed on Calendar 2nd Reading - Short Debate
• 2005-03-15 Second Reading - Short Debate reading-2
• 2005-03-15 Placed on Calendar Order of 3rd Reading - Short Debate
• 2005-03-17 Added Chief Co-Sponsor Rep. Julie Hamos
• 2005-03-17 Added Co-Sponsor Rep. Elizabeth Coulson
• 2005-03-17 Added Co-Sponsor Rep. Sandra M. Pihos
• 2005-03-17 Added Co-Sponsor Rep. Carolyn H. Krause
• 2005-03-17 Added Co-Sponsor Rep. Karen May
• 2005-03-17 Third Reading - Short Debate - Passed 063-048-001 reading-3, passage
• 2005-03-17 Arrive in Senate introduction
• 2005-03-17 Placed on Calendar Order of First Reading April 6, 2005 reading-1
• 2005-03-21 Chief Senate Sponsor Sen. Susan Garrett
• 2005-04-06 First Reading reading-1
• 2005-04-06 Referred to Rules referral-committee
• 2005-04-07 Added as Alternate Co-Sponsor Sen. Ira I. Silverstein
• 2005-04-13 Assigned to Revenue referral-committee
• 2005-04-15 Added as Alternate Chief Co-Sponsor Sen. M. Maggie Crotty
• 2005-04-21 Do Pass Revenue; 010-000-000 committee-passage
• 2005-04-21 Placed on Calendar Order of 2nd Reading May 3, 2005
• 2005-05-11 Second Reading reading-2
• 2005-05-11 Placed on Calendar Order of 3rd Reading May 12, 2005
• 2005-05-16 Added as Alternate Chief Co-Sponsor Sen. Don Harmon
• 2005-05-17 Third Reading - Passed; 052-005-000 reading-3, passage
• 2005-05-17 Passed Both Houses
• 2005-06-15 Sent to the Governor executive-receipt
• 2005-08-12 Governor Approved executive-signature
• 2005-08-12 Effective Date January 1, 2006
• 2005-08-12 Public Act . . . . . . . . . 94-0558 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/2e0cd5f5-f645-454e-9425-a67869e501e2. Confidence: reported (aggregated from official Illinois legislature records).