Illinois General Assembly - Bill Status for SB3833

Synopsis As Introduced
Amends the Property Tax Code. Provides that, if a school district reaches its adequacy target under the evidence-based funding formula in the School Code, then property taxpayers must be granted an abatement in the amount of any surplus funds generated from property tax revenue in that taxable year.

Actions

Date	Chamber	Action
2/14/2020	Senate	Filed with Secretary by Sen. Melinda Bush
2/14/2020	Senate	First Reading
2/14/2020	Senate	Referred to Assignments
1/13/2021	Senate	Session Sine Die

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