HB 3486

  • 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 (1)

Votes


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Actions


Mar 10, 2023

House

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

Mar 09, 2023

House

To Revenue - Property Tax Subcommittee

Mar 02, 2023

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Mark L. Walker

House

House Committee Amendment No. 1 Referred to Rules Committee

Feb 28, 2023

House

Assigned to Revenue & Finance Committee

Feb 17, 2023

House

Filed with the Clerk by Rep. Mark L. Walker

House

First Reading

House

Referred to Rules Committee

Bill Text

Bill Text Versions Format
Introduced HTML PDF
House Amendment 001 HTML PDF

Related Documents

Document Format
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Sources

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