IL HB4866 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Republican 16-0)
Status: Introduced on February 6 2024 - 25% progression
Action: 2024-04-09 - Chief Sponsor Changed to Rep. Dan Ugaste
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the School Code. Provides that the State Board of Education shall establish and administer a program to award property tax relief grants to school districts in this State. Provides that, in exchange for receiving a grant, a school district's maximum aggregate property tax extension for the taxable year that begins on January 1 of the fiscal year for which the grant is awarded may not exceed an adjusted maximum aggregate property tax extension for that taxable year. Creates the Education Property Tax Relief Fund as a special fund in the State treasury for the purpose of awarding grants. Sets forth provisions concerning the Education Property Tax Relief Fund. Amends the State Finance Act to make conforming changes. Effective immediately.

Tracking Information

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Title

SCHOOL CD-PROPERTY TAX RELIEF

Sponsors


History

DateChamberAction
2024-04-09HouseChief Sponsor Changed to Rep. Dan Ugaste
2024-04-09HouseRemove Chief Co-Sponsor Rep. Dan Ugaste
2024-04-05HouseRule 19(a) / Re-referred to Rules Committee
2024-03-08HouseTo Revenue - Property Tax Subcommittee
2024-03-06HouseChief Co-Sponsor Changed to Rep. Joe C. Sosnowski
2024-03-06HouseAdded Chief Co-Sponsor Rep. Joe C. Sosnowski
2024-03-05HouseAssigned to Revenue & Finance Committee
2024-02-20HouseAdded Chief Co-Sponsor Rep. Dave Severin
2024-02-14HouseAdded Co-Sponsor Rep. William E Hauter
2024-02-14HouseAdded Co-Sponsor Rep. Christopher "C.D." Davidsmeyer
2024-02-14HouseAdded Co-Sponsor Rep. Dan Caulkins
2024-02-14HouseAdded Co-Sponsor Rep. Chris Miller
2024-02-14HouseAdded Co-Sponsor Rep. Nicole La Ha
2024-02-14HouseAdded Co-Sponsor Rep. Ryan Spain
2024-02-14HouseAdded Co-Sponsor Rep. Blaine Wilhour
2024-02-14HouseAdded Co-Sponsor Rep. Jeff Keicher
2024-02-14HouseAdded Co-Sponsor Rep. Jed Davis
2024-02-08HouseAdded Co-Sponsor Rep. Jason Bunting
2024-02-08HouseAdded Co-Sponsor Rep. Kevin Schmidt
2024-02-08HouseAdded Co-Sponsor Rep. Patrick Windhorst
2024-02-07HouseAdded Chief Co-Sponsor Rep. Dan Ugaste
2024-02-07HouseReferred to Rules Committee
2024-02-07HouseFirst Reading
2024-02-07HouseAdded Co-Sponsor Rep. Amy L. Grant
2024-02-06HouseFiled with the Clerk by Rep. Tim Ozinga

Code Citations

ChapterArticleSectionCitation TypeStatute Text
10552-3.204New CodeSee Bill Text
301055.1015New CodeSee Bill Text

Illinois State Sources


Bill Comments

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