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<xml>
<title>Illinois General Assembly - Bill Status for HB 6688   </title>
<shortdesc>MUNI CD-MONEY TO SCHOOLS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Joe Dunn</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>65 ILCS 5/8d new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Municipal Code. Provides that, notwithstanding any provision of the Tax Increment Allocation Redevelopment Act to the contrary, when a school district passes an ordinance to increase property taxes, the revenue generated by the percentage rate increase, even in a redevelopment project area, must be paid to the school district. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2004</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Joe Dunn</action>
<statusdate>2/9/2004</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/9/2004</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

