Bill Status of SB4003 102nd General Assembly
Short Description: SCH CD-PROP TAX RELIEF GRANTS
Sen. Melinda Bush
| 1/21/2022||Senate||Referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the School Code. With respect to property tax relief pool grants, provides that the State Board of Education shall process applications for relief, providing a grant to those districts with the highest operating tax rate, as determined by those districts with the highest percentage of the simple average operating tax rate of districts of the same type, either elementary, high school, unit, or tier status as calculated under the evidence-based funding provisions (rather than either elementary, high school, or unit), first in an amount equal to the intended relief multiplied by the property tax multiplier. Effective immediately.
|Date||Chamber|| Action|| 1/21/2022||Senate||Filed with Secretary by Sen. Melinda Bush|| 1/21/2022||Senate||First Reading|| 1/21/2022||Senate||Referred to Assignments|