Illinois SB1175 establishes a property tax rebate program for licensed, not-for-profit child care centers.

Illinois SB1175 amends the Department of Commerce and Economic Opportunity Law to create a property tax rebate program for licensed, not-for-profit child care centers. These centers, which were obligated to pay property taxes to local governments or special districts, can apply for rebates starting from fiscal years beginning on or after July 1, 2025, subject to appropriation. The Department of Commerce and Economic Opportunity will implement this program and has the authority to adopt necessary rules.

Illinois SB1175 establishes a property tax rebate program for licensed, not-for-profit child care centers.

Illinois SB1175 amends the Department of Commerce and Economic Opportunity Law to create a property tax rebate program for licensed, not-for-profit child care centers. These centers, which were obligated to pay property taxes to local governments or special districts, can apply for rebates starting from fiscal years beginning on or after July 1, 2025, subject to appropriation. The Department of Commerce and Economic Opportunity will implement this program and has the authority to adopt necessary rules.