Bill Title: 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.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced) 2024-07-11 - Added as Co-Sponsor Sen. Jason Plummer [SB2995 Detail]

---

Bill Drafts

Revision	Date	Format	Source	View
Introduced	2024-02-02	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB2995

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB2995 currently on file.

Social Comments on IL SB2995