HB 4587

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

Prop Tx-Interest Distribution

Abstract

Amends the Property Tax Code. Provides that interest earned on tax collection accounts may (currently, shall) be disbursed to taxing districts in the same proportionate ratio that the district shared in the distribution of principal taxes to all units of local government. Effective immediately.

Bill Sponsors (1)

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Actions


Apr 05, 2024

House

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

Mar 08, 2024

House

To Revenue - Property Tax Subcommittee

Feb 28, 2024

House

Assigned to Revenue & Finance Committee

Jan 31, 2024

House

First Reading

House

Referred to Rules Committee

Jan 25, 2024

House

Filed with the Clerk by Rep. Joe C. Sosnowski

Bill Text

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