IL SB2711 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2024 - 25% progression
Action: 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Provides that each tax bill shall contain a statement for each tax increment financing (TIF) district in which the property is located setting forth the amount that each taxing district that contains all or part of the TIF district would have received for the taxable year in the absence of the TIF district. Effective immediately.

Tracking Information

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Title

PROP TX-TIF INFO ON BILL

Sponsors


History

DateChamberAction
2024-03-15SenateRule 3-9(a) / Re-referred to Assignments
2024-03-14SenatePostponed - Revenue
2024-01-31SenateAssigned to Revenue
2024-01-10SenateReferred to Assignments
2024-01-10SenateFirst Reading
2024-01-10SenateFiled with Secretary by Sen. Sue Rezin

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520020-15Amended CodeCitation Text

Illinois State Sources


Bill Comments

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