IL SB2995 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-07-11 - Added as Co-Sponsor Sen. Jason Plummer
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-07-11 - Added as Co-Sponsor Sen. Jason Plummer
Pending: Senate Assignments 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 property taxpayers within school districts in this State. Provides that the State Board of Education shall work with county clerk's offices in this State to determine the amount given to each property taxpayer. Provides that moneys awarded to property taxpayers shall be distributed pro rata based on the amount a property taxpayer paid in taxes in the previous fiscal year. Creates the Education Property Tax Relief Fund as a special fund in the State treasury for the purpose of awarding grants. Amends the State Finance Act to make conforming changes. Effective immediately.
Title
SCHOOL CD-PROPERTY TAX RELIEF
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-07-11 | Senate | Added as Co-Sponsor Sen. Jason Plummer |
| 2024-02-02 | Senate | Referred to Assignments |
| 2024-02-02 | Senate | First Reading |
| 2024-02-02 | Senate | Filed with Secretary by Sen. Tom Bennett |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 105 | 5 | 2-3.204 | New Code | See Bill Text |
| 30 | 105 | 5.1015 | New Code | See Bill Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2995&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB2995.htm |
