Illinois General Assembly - Bill Status for SB4003
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 Bill Status of SB4003  102nd General Assembly


Short Description:  SCH CD-PROP TAX RELIEF GRANTS

Senate Sponsors
Sen. Melinda Bush

Last Action
DateChamber Action
  1/21/2022SenateReferred to Assignments

Statutes Amended In Order of Appearance
105 ILCS 5/2-3.170


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.

Actions 
DateChamber Action
  1/21/2022SenateFiled with Secretary by Sen. Melinda Bush
  1/21/2022SenateFirst Reading
  1/21/2022SenateReferred to Assignments

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