ROCKFORD (WREX) — The Illinois General Assembly recently passed a bill creating a property tax relief fund, but the promise for relief doesn’t have a start date.
“People need property tax relief desperately,” Jean Crosby, realtor and Winnebago County Board Member, said.
Crosby says property owners are feeling the pinch.
“In this neck of the woods, property taxes, for at least a decade, have been some of the highest in the country,” Crosby said.
But state lawmakers came up with a plan for some relief.
“As we develop strategies to work on property taxes, the hope is that we’re able to fill this relief fund with money to give back to the taxpayers of Illinois,” Jonathan Carroll, a State Representative from Northbrook, Ill., explained.
Carroll sponsored the task force for the property tax relief bill. That task force will determine things like, who qualifies for the relief fund, how the program is funded and when it will be ready to go.
“We’re still working through the details of that so, right now we’re in the beginning stages of all of this,” Carroll said.
Another member of that task force is local Republican Representative Joe Sosnowski.
“My personal intent would be to look at the greater Rockford-area, where we have a high tax burden, and my goal would be that those areas receive first consideration,” Sosnowski said.
But how the program will be funded is still a big question mark.
“Well, there’s a couple different places it could come from,” Sosnowski said.
Sosnowski says there’s still plenty of work to do to get this fund off the ground, and there could be changes, even potentially new legislation, along the way. Work that will take time for relief that can’t come soon enough for some property owners.