Illinois House Bill 4792 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-01-12 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Chicago Laborers Article of the Illinois Pension Code. Provides that the city shall levy a tax annually at a rate on the dollar of the value, as equalized or assessed by the Department of Revenue of all taxable property within the city for the year 2010 and each year thereafter, that will produce, when extended, an amount equal to or greater than the total amount of contributions made by or on behalf of employees to the Fund for annuity purposes in the calendar year 2 years prior to the year for which the annual applicable tax is levied, multiplied by 1.00. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

PEN CD-ART 11-TAX LEVY

Rep. Michael Zalewski [D]

Date	Chamber	Action
2010-01-12		Referred to Rules Committee
2010-01-12		First Reading
2010-01-12		Filed with the Clerk by Rep. Michael J. Zalewski

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4792&GAID=10&DocTypeID=HB&SessionID=76&GA=96
Text	https://www.ilga.gov/legislation/96/HB/09600HB4792.htm