HB 4130

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Revenue-School Districts

Abstract

Amends the State Revenue Sharing Act. Provides that, in fiscal year 2018, each school district having Personal Property Tax Replacement Fund receipts totaling 13% or more of its total revenues in fiscal year 2016 shall receive an additional amount equal to 11% of the total amount distributed to the school district from the Personal Property Tax Replacement Fund during fiscal year 2016. Requires the State Board of Education to identify those school districts to the Department of Revenue. Provides that the total amount of additional distributions shall not exceed $4,353,136. Effective immediately.

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Jan 08, 2019

House

Session Sine Die

Mar 05, 2018

House

Added Chief Co-Sponsor Rep. John Cavaletto

Nov 07, 2017

House

Added Co-Sponsor Rep. Daniel V. Beiser

Nov 02, 2017

House

Added Chief Co-Sponsor Rep. Norine K. Hammond

Oct 25, 2017

House

Added Chief Co-Sponsor Rep. Terri Bryant

Oct 24, 2017

House

Filed with the Clerk by Rep. Bill Mitchell

House

Added Chief Co-Sponsor Rep. Michael D. Unes

House

Referred to Rules Committee

House

First Reading

Bill Text

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