Will there be any delay or forgiveness of tax bills because of the COVID-19 pandemic?
In response to the widespread demand by Cook County Taxpayers for economic relief, Cook County Board President Toni Preckwinkle announced On May 13 her plans to waive late fees on property tax payments. Under the proposed relief ordinance, interest penalties for late payments of the second installment of property taxes, which are normally due August 3, will now be postponed until October 1. The property tax relief ordinance will be presented at the next full meeting of the Cook County Board of Commissioners scheduled for May 21.
Kane, McHenry, and Lake counties are also considering plans to waive late fees or interest payments for the first installment property tax payments due in June. However, an important exception to this in Kane and McHenry counties is taxpayers who pay their bills through escrow installments and, consequently, will not be granted this relief. Read more.