Township government in Illinois should support an amendment to an existing bill that would allow taxpayers to implement property tax freezes via referendum, McHenry County Board member Craig Wilcox told the Lake County Gazette recently.
"Every politician who works for the taxpayer should support a property tax freeze," Wilcox, who is running for the state Senate from District 32, said. "Many of the strong taxpayer advocates, like myself, actually support going one step further, advocating for a property tax cap of 1 percent of home value."
State Sen. Pamela Althoff (R-McHenry) announced after winning her fourth term in the 2016 election that she would not seek a fifth term.
The amendment to Senate Bill 851 would implement a two-year property tax freeze for Cook and the collar counties of Cook, Lake, McHenry, Kane, DuPage and Will. Counties in the rest of the state would be left to freeze property taxes via voter referendum.
"Taxpayers need relief, and a property tax cap would force local governments to govern within the means of fair and sustainable tax rates that don't rob homeowners of their equity and strip away the American dream of homeownership," Wilcox said.
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