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Two-Year Property Tax Freeze Approved by Illinois Senate

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 had been pushing for at least a four-year freeze, but Senate President John Cullerton says they can assess how schools are faring under the proposal and re-evaluate it when the time comes.

 

 

The legislation now moves to the house for a vote.

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