HB 6688

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Muni Cd-Money To Schools

Abstract

Amends the Illinois Municipal Code. Provides that, notwithstanding any provision of the Tax Increment Allocation Redevelopment Act to the contrary, when a school district passes an ordinance to increase property taxes, the revenue generated by the percentage rate increase, even in a redevelopment project area, must be paid to the school district. Effective immediately.

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Jan 11, 2005

House

Session Sine Die

Feb 09, 2004

House

Filed with the Clerk by Rep. Joe Dunn

House

First Reading

House

Referred to Rules Committee

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