Bill Title: Reinserts the provisions of the introduced bill with the following changes: (1) provides that school districts having Personal Property Tax Replacement Fund receipts totaling 13% or more of their total revenues in fiscal year 2018 are entitled to the additional distribution (in the introduced bill, the eligibility of districts is determined each fiscal year); (2) provides that the additional distribution shall be made only in fiscal year 2020 and shall be 19% (in the introduced bill, 11%) of the total amount distributed to the school district from the Personal Property Tax Replacement Fund during fiscal year 2018; and (3) provides that the total amount of additional distributions shall not exceed $4,769,101 (in the introduced bill, $4,353,136). Effective immediately.

Spectrum: Bipartisan Bill

Status: (Failed) 2021-01-13 - Session Sine Die [SB1552 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Engrossed	2019-04-10	HTML/Text	Link	View
Introduced	2019-02-15	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
Senate Amendment 001	2019-04-05	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB1552 currently on file.

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