101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
Introduced , by Rep. Deanne M. Mazzochi - Grant Wehrli - Amy Grant, Lindsay Parkhurst, Tom Weber, et al.
SYNOPSIS AS INTRODUCED:
25 ILCS 155/3
from Ch. 63, par. 343
Amends the Commission on Government Forecasting and Accountability
Act. Provides that the Commission on Government Forecasting and
Accountability shall study the property tax laws of Florida, Tennessee, and
Texas and report to the Governor and the General Assembly no later than
December 31, 2020.
|FISCAL NOTE ACT MAY APPLY||HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY|
A BILL FOR
|HB5429||LRB101 18984 HLH 68443 b|
AN ACT concerning State government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The Commission on Government Forecasting and
Accountability Act is amended by changing Section 3 as follows:
(25 ILCS 155/3)
(from Ch. 63, par. 343)
The Commission shall:
(1) Study from time to time and report to the General
economic development and trends in the State.
(2) Make such special economic and fiscal studies as it
appropriate or desirable or as the General Assembly
(3) Based on its studies, recommend such State fiscal
policies as it deems appropriate or desirable
to improve the functioning
of State government and the
economy of the various regions within the
(4) Prepare annually a State economic report.
(5) Provide information for all appropriate
organizations and personnel on economic trends
in relation to long range
planning and budgeting.
(6) Study and make such recommendations as it deems
the General Assembly on local and regional
economic and fiscal policy
and on federal fiscal policy as