Bill Texts: IL SB3326 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Property Tax Code. Provides that, in counties with fewer than 3,000,000 inhabitants, the amount in the indemnity fund shall not be less than 0.03% of the total equalized assessed valuation of the property in the county or $25,000 (currently, $50,000), whichever is greater.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments [SB3326 Detail]

Bill Drafts

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Introduced2024-02-07HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3326

Supplemental Documents

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No supplemental documents for Illinois SB3326 currently on file.

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