Illinois House Bill 4042 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 5-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the School Code. Provides that, excluding any capital improvement tax, the aggregate tax rate levied annually by a school district shall not exceed 4%. Provides that school districts remain subject to (i) particular maximum tax rates set forth under the Code and (ii) the district's limiting rate under the Property Tax Extension Limitation Law, if applicable. Requires the State to appropriate and the State Board of Education to distribute to each school district funds sufficient to cover the revenue that the district would have received but for the reduction in its tax rate.

SCH CD-MAX AGG TAX RATE

Rep. Mark Batinick [R]	Rep. Allen Skillicorn [R]	Rep. Sheri Jesiel [R]	Rep. Steven Reick [R]
Rep. Margo McDermed [R]

Date	Chamber	Action
2019-01-08	House	Session Sine Die
2017-05-16	House	Added Chief Co-Sponsor Rep. Steven Reick
2017-05-16	House	Added Co-Sponsor Rep. Margo McDermed
2017-05-16	House	Added Chief Co-Sponsor Rep. Sheri Jesiel
2017-05-16	House	Added Chief Co-Sponsor Rep. Allen Skillicorn
2017-05-03	House	Referred to Rules Committee
2017-05-03	House	First Reading
2017-05-01	House	Filed with the Clerk by Rep. Mark Batinick

Chapter	Article	Section	Citation Type	Statute Text
105	5	17-2	Amended Code	Citation Text
105	5	34-53.6	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4042&GAID=14&DocTypeID=HB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/HB/10000HB4042.htm