HB 2077

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Revenue-School Districts

Abstract

Amends the State Revenue Sharing Act. Provides that, in fiscal year 2020, each school district having Personal Property Tax Replacement Fund receipts totaling 13% or more of its total revenues in fiscal year 2018 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 2018. 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.

Bill Sponsors (1)

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Actions


Mar 29, 2019

House

Rule 19(a) / Re-referred to Rules Committee

Feb 28, 2019

House

To Income Tax Subcommittee

Feb 19, 2019

House

Assigned to Revenue & Finance Committee

Feb 05, 2019

House

Filed with the Clerk by Rep. Dan Caulkins

House

First Reading

House

Referred to Rules Committee

Bill Text

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