George Scully, Jr.
- Democratic
Primary
Amends the State Finance Act, the Illinois Income Tax Act, and the Property Tax Code. Beginning on July 1, 2003, increases income taxes and provides that two-thirds of the increased revenue shall be deposited into the School District Property Tax Relief Fund to fund property tax abatements and that one-third of the increased revenue shall be deposited into the Common School Fund. Provides a mechanism for property tax abatements. Effective July 1, 2003.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Assigned to Revenue Committee
Filed with the Clerk by Rep. George Scully, Jr.
First Reading
Referred to Rules Committee
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