IL SB3833 | 2019-2020 | 101st General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Provides that, if a school district reaches its adequacy target under the evidence-based funding formula in the School Code, then property taxpayers must be granted an abatement in the amount of any surplus funds generated from property tax revenue in that taxable year.
Title
PROP TX-SCHOOL DISTRICT ABATE
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-01-13 | Senate | Session Sine Die |
2020-02-14 | Senate | Referred to Assignments |
2020-02-14 | Senate | First Reading |
2020-02-14 | Senate | Filed with Secretary by Sen. Melinda Bush |
Code Citations
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3833&GAID=15&DocTypeID=SB&SessionID=108&GA=101 |
Text | https://www.ilga.gov/legislation/101/SB/10100SB3833.htm |