HB 3845

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

Revenue-Property Tax Fund

Abstract

Amends the State Finance Act. Creates the Illinois Property Tax Relief Fund. Provides that moneys in the Illinois Property Tax Relief Fund shall be used to pay rebates to residential property taxpayers in the State. Provides that the Fund may accept moneys from any lawful source. Provides that the State Comptroller shall calculate a property tax rebate amount for the applicable property tax year by dividing the total amount appropriated from the Illinois Property Tax Relief Fund by the total number of homestead exemptions granted for homestead property in the State. Provides that the property tax bills of non-delinquent taxpayers who received a general homestead exemption under the Property Tax Code shall be reduced by the property tax rebate amount. Effective immediately.

Bill Sponsors (10)

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Jun 01, 2019

House

Added Chief Co-Sponsor Rep. Stephanie A. Kifowit

House

Removed Co-Sponsor Rep. Sam Yingling

House

Added Chief Co-Sponsor Rep. Sam Yingling

House

Removed Co-Sponsor Rep. Stephanie A. Kifowit

May 27, 2019

House

Added Co-Sponsor Rep. Sam Yingling

House

Added Co-Sponsor Rep. Mary Edly-Allen

House

Added Co-Sponsor Rep. Stephanie A. Kifowit

House

Added Co-Sponsor Rep. Joyce Mason

House

Added Co-Sponsor Rep. John Connor

House

Added Co-Sponsor Rep. Jonathan Carroll

House

Added Co-Sponsor Rep. Maurice A. West, II

May 26, 2019

House

Added Chief Co-Sponsor Rep. Rita Mayfield

House

Referred to Rules Committee

House

Filed with the Clerk by Rep. Daniel Didech

House

First Reading

House

Added Chief Co-Sponsor Rep. Bob Morgan

Bill Text

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Sources

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