92nd General Assembly
Status of SB0294
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 Full Text  Bill Summary

   30 ILCS 115/13.2 new                                                        

        Amends the State Revenue Sharing Act to require the Department of      
   Revenue to conduct a regional tax-base sharing study  in  counties  of      
   more  than 3 million inhabitants and in counties adjoining counties of      
   more than 3 million inhabitants.  Provides that the study shall report      
   the growth in equalized assessed valuation in municipal commercial and      
   industrial property and an analysis of  this  municipal  growth  under      
   property  tax  revenue  sharing  or  a  weighted  area-wide  tax rate.      
   Effective immediately.                                                      
   FEB-20-2001  S  FIRST READING                                                  
   FEB-20-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-21-2001  S       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-01-2001  S                                 POSTPONED                       
   MAR-08-2001  S                                 POSTPONED                       
   MAR-29-2001  S                                 POSTPONED                       
   MAR-29-2001  S                   COMMITTEE               REVENUE               
   MAR-31-2001  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary