RONEN AND FEIGENHOLTZ.
PROP TX-ASSESSOR-INCOME TX ACT
Synopsis of Bill as introduced:
Amends the Property Tax Code. Makes a technical change in the
Section concerning notice requirements for assessment increases in
counties with 3,000,000 or more inhabitants.
HOUSE AMENDMENT NO. 1.
Deletes reference to:
35 ILCS 200/12-55
Adds reference to:
35 ILCS 200/16-190
35 ILCS 200/16-191 new
Deletes everything. Amends the Property Tax Code. Provides that
the Property Tax Appeal Board shall give to a requesting assessor or
chief county assessment officer a free copy of any volume, pamphlet,
publication, brochure, or research document produced by the Board.
FISCAL NOTE, H-AM 1 (Property Tax Appeal Bd.)
A minimum additional $60,000 for printing would be required.
STATE MANDATES FISCAL NOTE, H-AM 1
HB 3811 fails to create a State mandate.
FISCAL NOTE, H-AM 5 (Dept. of Revenue)
The fiscal impact of HB 3811, as amended, is neutral.
HOME RULE NOTE, H-AM 1
Contains no language preempting home rule authority.
HOUSE AMENDMENT NO. 5.
Adds reference to:
35 ILCS 5/203 from Ch. 120, par. 2-203
Amends the Illinois Income Tax Act. Creates a deduction for
individual taxpayers equal to the amounts included in the taxpayer's
federal gross income in the taxable year for amounts converted from a
regular IRA to a Roth IRA. Provides that the deduction is available
for tax years beginning on or after January 1, 1998. Exempts the
deduction from the sunset provisions.
SENATE AMENDMENT NO. 1.
In the amendatory provisions of the Property Tax Code, provides
that the Property Tax Appeal Board shall, upon request, annually
distribute to each chief county assessment officer, free of charge,
one copy of any publication produced by the Board.
Last action on Bill: PUBLIC ACT.............................. 90-0770
Last action date: 98-08-14
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 2 SENATE - 1
END OF INQUIRY
Full Text Bill Status