Illinois Senate Bill 3438

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-08 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the State Mandates Act. Provides that any State mandate regarding any subject matter enacted on or after the effective date of the amendatory Act that necessitates additional expenditures from local government revenues shall be void and unenforceable unless the General Assembly makes necessary appropriations and reimbursements to implement that mandate. Provides that the failure of the General Assembly to make necessary appropriations and reimbursements shall relieve the local government of the obligation to implement any State mandate. Makes conforming changes. Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a taxing district shall reduce its aggregate extension base for the purpose of lowering its limiting rate for future years upon referendum approval initiated by the submission of a petition by the voters of the district. Provides that the extension limitation shall be: (a) the lesser of 5% or the average percentage increase in the Consumer Price Index for the immediately preceding 10 years; or (b) the rate of increase approved by the voters. Amends the Illinois Income Tax Act. Increases distributions into the Local Government Distributive Fund on and after August 1, 2024. Effective immediately.

REVENUE-VARIOUS

Sen. Craig Wilcox [R]

Date	Chamber	Action
2024-02-08	Senate	Referred to Assignments
2024-02-08	Senate	First Reading
2024-02-08	Senate	Filed with Secretary by Sen. Craig Wilcox

Chapter	Article	Section	Citation Type	Statute Text
30	805	6	Amended Code	Citation Text
30	805	8	Amended Code	Citation Text
30	805	9.2	New Code	See Bill Text
35	200	18-185	Amended Code	Citation Text
35	200	18-205	Amended Code	Citation Text
35	200	18-207	New Code	See Bill Text
35	200	18-212	Amended Code	Citation Text
35	5	901	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3438&GAID=17&DocTypeID=SB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/SB/10300SB3438.htm