THE ILLINOIS SENATE IS APPROVING A TWO YEAR PROPERTY TAX FREEZE.
THE FREEZE APPLIES TO TAXES COLLECTED FOR SCHOOLS AND LOCAL GOVERNMENTS. GOVERNOR BRUCE RAUNER HAS BEEN PUSHING FOR AT LEAST A FOUR YEAR FREEZE…BUT SENATE PRESIDENT JOHN CULLERTON SAYS THEY CAN ASSESS HOW SCHOOLS ARE FARING UNDER THIS PROPOSAL AND RE-EVALUATE IT WHEN THE TIME COMES.
SENATOR CHAPIN ROSE OF CHAMPAIGN AGREES.
THE LEGISLATION NOW MOVES TO THE HOUSE FOR A VOTE.
