Governor Rauner issued the following statement as many homeowners throughout Illinois face a deadline today to pay property taxes: "Illinois residents are being hit with record property tax increases in communities all around the state even though they already pay the highest property taxes in the nation.
Currently, Karahalios is the Chief Legal Counsel and Sworn Deputy Treasurer in the Cook County Treasurer’s Office. He oversees the compliance of state statutes and county ordinances on real estate tax collection and coordinates litigation with the Cook County State’s Attorney and U.S. District Court for the Northern District of Illinois.
CHICAGO - April 23, 2013 - (RealEstateRama) -- Governor Pat Quinn today signed legislation that will reduce property tax bills for seniors across Illinois. Senate Bill 1894 raises the senior homestead exemption from $4,000 to $5,000 – potentially saving seniors up to more than $200 annually. This new exemption for seniors takes effect for Cook County this year
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- If you’re 65 years old or older and you live in Cook County, there’s an important property tax deadline for you coming up this Wednesday, February 6, 2013.
CHICAGO, IL - July 9, 2012 - (RealEstateRama) -- Governor Pat Quinn today signed a new law that will help more Illinois Veterans find employment following their service to our country, an important measure he proposed during his State of the State address in February.
CHICAGO, IL - August 2, 2010 - (RealEstateRama) -- August 1, 2010. Governor Pat Quinn today signed a bill into law to reform property assessments for millions of Illinois homeowners and provide property tax relief for Cook County residents.
CHICAGO, IL - May 3, 2010 - (RealEstateRama) -- Governor Pat Quinn today unveiled legislation that will provide extensive and much-needed property tax relief to millions of taxpayers while also pressing for greater citizen participation and openness in the tax assessment process.
CHICAGO, IL - November 18, 2009 - (RealEstateRama) -- Thirty-four Illinois homeowners were made whole this month when the Illinois Department of Financial and Professional Regulation (IDFPR) repaid all the money lost from their escrow funds earlier this year. The homeowners were in default for taxes and insurance coverage after Chicago-based American Escrow, LLC went out of business without making the obligatory property tax and insurance payments from their escrow accounts.