SB2077 97TH GENERAL ASSEMBLY

LRB097 10320 HLH 50528 b

97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB2077

Introduced 2/10/2011, by Sen. Matt Murphy

SYNOPSIS AS INTRODUCED:

35 ILCS 200/18-163 new
30 ILCS 805/8.35 new

Amends the Property Tax Code. Provides that, beginning in taxable year 2011 and through taxable year 2013, the total amount due on each property tax bill in each taxable year may not exceed the total amount due for that property in taxable year 2010. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.

FISCAL NOTE ACT MAY APPLY

HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Property Tax Code is amended by adding Section 18-163 as follows:

(35 ILCS 200/18-163 new)

Sec. 18-163. Property tax bills. Notwithstanding any other provision of law, beginning in taxable year 2011 and through taxable year 2013, the total amount due on each property tax bill in each taxable year may not exceed the total amount due for that property in taxable year 2010.

Section 90. The State Mandates Act is amended by adding Section 8.35 as follows:

(30 ILCS 805/8.35 new)

Sec. 8.35. Exempt mandate. Notwithstanding Sections 6 and 8 of this Act, no reimbursement by the State is required for the implementation of any mandate created by this amendatory Act of the 97th General Assembly.

Section 99. Effective date. This Act takes effect upon becoming law.