101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB3362

 

Introduced , by Rep. Terri Bryant

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/20-130

    Amends the Property Tax Code. Makes a technical change in a Section concerning distribution of taxes in counties of less than 3,000,000 inhabitants.


LRB101 09835 HLH 54937 b

 

 

A BILL FOR

 

HB3362LRB101 09835 HLH 54937 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Property Tax Code is amended by changing
5Section 20-130 as follows:
 
6    (35 ILCS 200/20-130)
7    Sec. 20-130. Distribution of taxes in counties of less than
83,000,000; return of erroneous distribution.
9    (a) All distributions of taxes collected and and interest
10earned thereon by a county on behalf of taxing districts must
11be made by the county treasurer, in counties with less than
123,000,000 inhabitants, within 30 days after the due date and at
1330 days intervals thereafter, unless the amount to be
14distributed is less than $5. The county treasurer shall
15distribute the taxes collected at the next 30-day interval if
16the taxes collected are $5 or more. If the tax collections for
17a taxing district are less than $5 for 3 consecutive 30-day
18intervals, the county treasurer shall automatically distribute
19the taxes collected to the unit of local government on the
20third 30-day interval. The county treasurer shall determine the
21manner in which all distributions under this Section are to be
22made. The manner of distribution may include, but is not
23limited to, check or electronic funds transfer.

 

 

HB3362- 2 -LRB101 09835 HLH 54937 b

1    (b) Notwithstanding any other law to the contrary, if a
2county makes an erroneous distribution of taxes collected and
3interest earned thereon, upon majority vote of the governing
4board of the taxing district that received the erroneous
5distribution, the taxing district shall return the funds to the
6county treasurer.
7(Source: P.A. 91-378, eff. 7-30-99.)