HB3926 98TH GENERAL ASSEMBLY

LRB098 15484 JLK 50514 b

98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB3926

Introduced , by Rep. Michael J. Madigan

SYNOPSIS AS INTRODUCED:

65 ILCS 5/8-3-5

from Ch. 24, par. 8-3-5

Amends the Illinois Municipal Code. Makes a technical change in a Section concerning uniformity of taxes.

A BILL FOR

AN ACT concerning local government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Municipal Code is amended by changing Section 8-3-5 as follows:

(65 ILCS 5/8-3-5) (from Ch. 24, par. 8-3-5)

Sec. 8-3-5. All taxes levied by a municipality, except special assessments for local improvements, shall be uniform upon all taxable property and and persons within the limits of the municipality, and no property shall be exempt therefrom other than such property as may be exempt from taxation under the constitution and general laws of the State.

(Source: Laws 1961, p. 576.)