HB3209 - 104th General Assembly
REVENUE-STATE PROPERTY
Statutes Amended In Order of Appearance
20 ILCS 2505/2505-817 new
Synopsis As Introduced
Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department of Revenue shall reimburse eligible municipalities for revenue loss associated with tax exempt State property located in the municipality. Provides that the aggregate amount of reimbursements for all taxing districts in any calendar year may not exceed $100,000,000. Sets forth the amount of the reimbursement. Effective immediately.
Actions
Date | Chamber | Action |
---|---|---|
2/06/2025 | House | Filed with the Clerk by Rep. Michael J. Coffey, Jr. |
2/18/2025 | House | First Reading |
2/18/2025 | House | Referred to Rules Committee |
3/11/2025 | House | Assigned to Revenue & Finance Committee |
3/13/2025 | House | To Tax Policy: Other Taxes Subcommittee |
3/21/2025 | House | Rule 19(a) / Re-referred to Rules Committee |