Illinois General Assembly - Bill Status for SB3833
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 Bill Status of SB3833  101st General Assembly


Short Description:  PROP TX-SCHOOL DISTRICT ABATE

Senate Sponsors
Sen. Melinda Bush

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/18-184.15 new


Synopsis As Introduced
Amends the Property Tax Code. Provides that, if a school district reaches its adequacy target under the evidence-based funding formula in the School Code, then property taxpayers must be granted an abatement in the amount of any surplus funds generated from property tax revenue in that taxable year.

Actions 
DateChamber Action
  2/14/2020SenateFiled with Secretary by Sen. Melinda Bush
  2/14/2020SenateFirst Reading
  2/14/2020SenateReferred to Assignments
  1/13/2021SenateSession Sine Die

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