SB 3833

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

Prop Tx-School District Abate

Abstract

Amends the Property Tax Code. Provides that, if a school district reaches its adequacy target under the evidence-based funding formula in the School Code, then property taxpayers must be granted an abatement in the amount of any surplus funds generated from property tax revenue in that taxable year.

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Feb 14, 2020

Senate

Filed with Secretary by Sen. Melinda Bush

Senate

First Reading

Senate

Referred to Assignments

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