New law seeks to give IL residents more notice of tax hikes - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

New law seeks to give IL residents more notice of tax hikes

SPRINGFIELD, IL (KFVS) -

A new IL law will give residents greater notice when locals governments plan on raising taxes, and give more opportunity to provide input.

“Property taxes are a major concern to the residents of Southern Illinois,” said Phelps.  “This new law will provide more transparency for taxpayers by requiring local governments to provide more notice to residents when they plan to raise taxes.”

Previously, Illinois law requires taxing districts to place notices in local newspapers when they plan to raise property taxes by more than five percent. 

Under the new law, taxing bodies that have a website will also be required to post the information on their websites. 

The taxing bodies are also required to hold a public hearing regarding any planned tax increases.

Advocates for the new law say posting the information online will help to get the word out to residents about any planned increase in their taxes.

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