Bill Title: Amends the Property Tax Code. In a Section concerning a reduced extension for a school district's educational purposes, provides that the Section applies if the school district's final percent of adequacy (currently, adequacy target) exceeds 110%. Provides that the referendum petition for the reduction shall be submitted to and certified by the school board's secretary (currently, the applicable election authority). Effective immediately.

Sponsorship: Bipartisan Bill

Status: (Failed) 2021-01-13 - Session Sine Die [SB1461 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Engrossed	2019-03-26	HTML/Text	Link	View
Introduced	2019-02-13	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB1461

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB1461 currently on file.