SB3638 - 104th General Assembly

COOK CTY-LOC GOV PAYMENTS
Last Action
2/17/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Kimberly A. Lightford
Statutes Amended In Order of Appearance
55 ILCS 5/5-1195 new
Synopsis As Introduced
Amends the Counties Code. Provides that, if Cook County is delinquent in distributing property tax proceeds to taxing districts the proceeds of property taxes imposed by the taxing districts that Cook County is required to collect from taxpayers and distribute to the taxing districts, then Cook County shall reimburse the taxing districts for (i) the interest that the taxing districts would have earned from keeping the proceeds of property taxes in reserves and (ii) the interest that taxing districts paid on debts incurred because Cook County is delinquent in distributing property tax proceeds to taxing districts.
Actions
Date Chamber Action
2/05/2026 Senate Filed with Secretary by Sen. Kimberly A. Lightford
2/05/2026 Senate First Reading
2/05/2026 Senate Referred to Assignments
2/17/2026 Senate Assigned to Revenue