Bill Texts: IL SB2423 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Property Tax Code. Provides that any taxing district that has an aggregate property tax levy of more than $5,000,000 for the applicable levy year shall make a good faith effort to collect and electronically publish data from all vendors and subcontractors doing business with the taxing district as to whether the vendor or subcontractor is a minority-owned, women-owned, or veteran-owned business or whether the vendor or subcontractor is a small business. Preempts the concurrent exercise of home rule powers. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2021-04-16 - Rule 3-9(a) / Re-referred to Assignments [SB2423 Detail]

Bill Drafts

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Introduced2021-02-26HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB2423

Supplemental Documents

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No supplemental documents for Illinois SB2423 currently on file.

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