George Scully, Jr.
- Democratic
Primary
Amends the State Finance Act, the Illinois Income Tax Act, and the Property Tax Code. Beginning on July 1, 2004, 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, 2004.
No votes to display
Session Sine Die
Filed with the Clerk by Rep. George Scully, Jr.
First Reading
Referred to Rules Committee
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