Illinois General Assembly - Bill Status for HB0375
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 Bill Status of HB0375  96th General Assembly


Short Description:  PROP TAX-SIMPLE INTEREST

House Sponsors
Rep. Arthur L. Turner

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/20-178
35 ILCS 200/21-320
35 ILCS 200/23-20


Synopsis As Introduced
Amends the Property Tax Code. In Sections concerning interest paid on refunds due on certificates of error, sales in error, and refunds based on a final order of the Property Tax Appeal Board, provides that the interest shall be calculated as simple interest based only on the principal amount of the refund. Effective immediately.

Actions 
DateChamber Action
  1/29/2009HouseFiled with the Clerk by Rep. Arthur L. Turner
  1/30/2009HouseFirst Reading
  1/30/2009HouseReferred to Rules Committee
  2/11/2009HouseAssigned to Executive Committee
  3/13/2009HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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