SB2706 — PROP TX-ENERGY SYSTEMS
Last action — Rule 3-9(a) / Re-referred to Assignments
-
1Introduced
-
2In Committee
-
3Passed Senate
-
4Passed House
-
5To Executive
-
6Enacted
This bill has been introduced in the Senate. Introduced October 14, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
Increases the property tax valuation for wind and solar energy systems starting in 2026.
This bill amends property tax laws to raise the valuation of wind energy devices to $588,000 per megawatt and solar energy systems to $446,000 per megawatt from 2026 onward. The change aims to reflect higher costs associated with these energy systems.
What this means for you
- Workers: Workers in the renewable energy industry may benefit from increased investment and potentially more job opportunities.
- Environment: This bill could incentivize investment in renewable energy by increasing the property tax basis.
- Small Business: Small businesses in the renewable energy sector may see changes in their taxable valuations, affecting their overall tax liabilities.
Summary
Amends the Property Tax Code. In provisions concerning the valuation of wind energy devices, provides that, for taxable year 2026 and thereafter, the real property cost basis is $588,000 per megawatt of nameplate capacity (currently, $360,000 per megawatt of nameplate capacity). In provisions concerning the valuation of solar energy systems, provides that, for taxable year 2026 and thereafter, the real property cost basis is $446,000 per megawatt of nameplate capacity (currently, $218,000 per megawatt of nameplate capacity). Effective immediately.
Bill Text
We don't have the full text on file for this bill yet.
Read SB2706 on the official Illinois source →Action History
-
Rule 3-9(a) / Re-referred to Assignments
-
Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
-
Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
-
Rule 2-10 Committee Deadline Established As April 24, 2026
-
Assigned to Revenue
-
Added as Chief Co-Sponsor Sen. Chapin Rose
-
Added as Co-Sponsor Sen. Dave Syverson
-
Added as Chief Co-Sponsor Sen. Terri Bryant
-
Referred to Assignments
-
First Reading
-
Filed with Secretary by Sen. Sally J. Turner
Sponsors
- Sally J. Turner · Primary
- Terri Bryant · Cosponsor
- Chapin Rose · Cosponsor
- Dave Syverson · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 3 co-sponsors · 179 not signed on
Sponsors (1)
- Sally J. Turner Republican
Co-sponsors (3)
- Terri Bryant Republican
- Chapin Rose Republican
- Dave Syverson Republican
Not signed on (179)
179 members have not signed on to this bill.
Show all 179 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB2706 do?
- Amends the Property Tax Code. In provisions concerning the valuation of wind energy devices, provides that, for taxable year 2026 and thereafter, the real property cost basis is $588,000 per megawatt of nameplate capacity (currently, $360,000 per megawatt of nameplate capacity). In provisions concerning the valuation of solar energy systems, provides that, for taxable year 2026 and thereafter, the real property cost basis is $446,000 per megawatt of nameplate capacity (currently, $218,000 per megawatt of nameplate capacity). Effective immediately.
- Who sponsors SB2706 ?
- SB2706 is sponsored by Sally J. Turner (Republican), Terri Bryant (Republican), Chapin Rose (Republican), and Dave Syverson (Republican).
- What is the current status of SB2706 ?
- This bill has been introduced in the Senate. Introduced October 14, 2025. It must pass committee before a floor vote.
- Where can I track SB2706 ?
- Track SB2706 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on SB2706
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of SB2706
Last checked for changes 3 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →