By Mark Reccek |
Jun 12, 2015
On Tuesday, the Senate held a "Committee of the Whole" hearing in which testimony was received from tax experts, as well as education and local government representatives, on the status of the state's property taxes. The Tax Foundation and the Taxpayers’ Federation of Illinois’ latest study, over a five-year period, indicates Illinois had the third-highest residential property tax rate in the nation, behind only New Jersey and New Hampshire.