Bill Title: Amends the School Code. Provides that the State Board of Education shall establish and administer an annual program to award property tax relief grants to school districts in the State. Provides that, in exchange for receiving a grant, the school district's maximum aggregate property tax extension for the taxable year that begins on January 1 of the fiscal year for which the grant is awarded may not exceed a specified maximum aggregate property tax extension. Creates the Education Property Tax Relief Fund for the purpose of making appropriations for the grant program. Amends the State Finance Act to make conforming changes. Effective immediately.

Spectrum: Partisan Bill (Republican 5-0)

Status: (Introduced) 2024-01-30 - Added Co-Sponsor Rep. Jennifer Sanalitro [HB3467 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Tim Ozinga [R]	Primary	Sponsored Bills	HD-037	FollowTheMoney	Ballotpedia	VoteSmart
Representative Dan Ugaste [R]	Cosponsor	Sponsored Bills	HD-065	FollowTheMoney	Ballotpedia	VoteSmart
Representative Kevin Schmidt [R]	Cosponsor	Sponsored Bills	HD-114	FollowTheMoney	Ballotpedia	N/A
Representative Blaine Wilhour [R]	Cosponsor	Sponsored Bills	HD-110	FollowTheMoney	Ballotpedia	VoteSmart
Representative Jennifer Sanalitro [R]	Cosponsor	Sponsored Bills	HD-048	FollowTheMoney	Ballotpedia	N/A

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