HB 3467

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

School Cd-Property Tax Relief

Abstract

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.

Bill Sponsors (5)

Votes


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Actions


Jan 30, 2024

House

Added Co-Sponsor Rep. Jennifer Sanalitro

Jan 23, 2024

House

Added Co-Sponsor Rep. Blaine Wilhour

Oct 25, 2023

House

Added Co-Sponsor Rep. Kevin Schmidt

Sep 19, 2023

House

Added Chief Co-Sponsor Rep. Dan Ugaste

Mar 10, 2023

House

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

Mar 09, 2023

House

To Revenue - Property Tax Subcommittee

Feb 28, 2023

House

Assigned to Revenue & Finance Committee

Feb 17, 2023

House

Filed with the Clerk by Rep. Tim Ozinga

House

Referred to Rules Committee

House

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

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Sources

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