pexels karolina grabowska 4386367EAST ST. LOUIS – Illinois taxpayers can expect to see up to $700 in tax rebates in the coming weeks thanks to backing from State Senator Christopher Belt.

“My colleagues in the General Assembly and I are proud that we were able to champion legislation that will benefit millions of Illinoisans,” said Belt (D-Swansea). “After all our constituencies have been through in the last few years, these rebates will provide much needed financial relief.”

Belt supported Senate Bill 157, which provides millions of Illinois taxpayers with financial relief – including direct tax rebates.

Under the law, people who filed 2021 Illinois taxes are eligible to receive up to $700. Individual filers who make less than $200,000 will receive a $50 income tax rebate, and couples who make less than $400,000 will receive $100. Filers are also eligible for $100 per dependent, with a maximum of three.

Additionally, people who paid property taxes in 2021 on their primary residence in 2020 – and make less than $250,000 individually or $500,000 jointing – are eligible for up to $300. The rebate will be equal to the property tax a resident was qualified to claim on their 2021 taxes.

People who filed taxes will are on track to automatically receive their rebate as soon as this week. Those who haven’t filed have until Oct. 17 to do so.

“It was important for us to remind Illinoisans that they have not been forgotten, and that we are in their corner as their legislative representatives,” Belt said. “Hopefully this will assist residents with the fluctuations in gas prices and other essential expenses.”

More information on how the funds will be dispersed or to see qualification criteria can be found at tax.illinois.gov/rebates.