State Rep. McSweeney pushes for property tax freeze
State Rep. David McSweeney votes in November at the St. Michaels Episcopal Church polling place in Barrington. McSweeney, who was reelected in the 52nd state House District, is pushing for a property tax freeze. | Brian O'Mahoney~for Sun-Times Media
Updated: April 1, 2013 6:09AM
BARRINGTON HILLS — State Rep. David McSweeney, R-52, of Barrington Hills, has submitted House Bill 95 as chief sponsor, a measure that would freeze property tax levies for a three-year period.
“For years now, so many of us continue to see the market value of our home decline while our property taxes go up,” said McSweeney in news release. “We need meaningful property tax relief because hard-working families are struggling.”
Under current law, property tax extensions in non-home rule counties are effectively capped by the rise in the Consumer Price index. House Bill 95 aims to reset the formula to ensure a 0 percent property tax levy increase.
“I will be working with my colleagues on both sides of the aisle to make sure this common sense bill gets passed on behalf of the taxpayers,” McSweeney added.
McSweeney filed the legislation in the General Assembly on Jan. 9. The bill has now advanced to be heard in the Revenue and Finance Committee, in which McSweeney is a member.~.