Illinois General Assembly - Bill Status for SB1640
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 Bill Status of SB1640  94th General Assembly


Short Description:  SCH CD-UNIT DIST-TAX RATE

Senate Sponsors
Sen. Gary G. Dahl - Dan Rutherford

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
105 ILCS 5/17-3from Ch. 122, par. 17-3


Synopsis As Introduced
Amends the School Code. For school districts having a population of less than 500,000 inhabitants, provides that, subject to referendum, the maximum tax rate for certain recently formed community unit school districts that have a combined rate of more than 4% is as follows: for 2 years, the same as the actual combined rate of the previous elementary and secondary district; and in each subsequent year the rate shall be reduced by 0.10% or reduced to 4.00%, whichever is less. The school board may seek to increase the reduced rate by referendum. Effective immediately.

Actions 
DateChamber Action
  2/24/2005SenateFiled with Secretary by Sen. Gary G. Dahl
  2/24/2005SenateChief Co-Sponsor Sen. Dan Rutherford
  2/24/2005SenateFirst Reading
  2/24/2005SenateReferred to Rules
  1/9/2007SenateSession Sine Die

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