A state appeals panel has ruled some tenants renting homes can now qualify for an Illinois property tax exemption that previously was allowed to reduce the property tax bills only for those who owned the house they called home. The decision should cause local government officials in counties and other taxing districts across the state, as well as taxpayers, to take notice, as it could impact how much tax revenue is available, and could shift the tax burden previously borne by rental properties to other kinds of property, two Chicago attorneys said during a recent interview. Click here to read more at cookcountyrecord.com.