IL HB1037 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Counties Code. Provides that Boone, DeKalb, DuPage, Grundy, Kane, Kankakee, Kendall, Lake, McHenry, and Will county may levy an annual tax for farmland preservation easement and green redevelopment purposes. Provides that the tax may not exceed 0.05% of the equalized assessed value of taxable property in the county. Provides that the tax must be approved by referendum and that it may be discontinued by referendum. Provides that a referendum to levy or discontinue the tax may be initiated by a petition signed by a number of electors equal to at least 0.5% of the total number of votes cast in the county during the last preceding gubernatorial election. Provides that the proceeds of the tax shall be paid into two separate funds, the county farmland preservation easement fund and the green redevelopment fund. Sets forth the ways in which the proceeds of the funds shall be used.

Tracking Information

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Title

CNTY CD-FARMLAND PRESERVATION

Sponsors


History

DateChamberAction
2014-12-03HouseSession Sine Die
2013-03-22HouseRule 19(a) / Re-referred to Rules Committee
2013-03-20HouseAdded Chief Co-Sponsor Rep. Kelly M. Cassidy
2013-02-13HouseAssigned to Counties & Townships Committee
2013-01-30HouseReferred to Rules Committee
2013-01-30HouseFirst Reading
2013-01-30HouseFiled with the Clerk by Rep. Michael W. Tryon

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5555-1009.5New CodeSee Bill Text

Illinois State Sources


Bill Comments

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