Illinois General Assembly - Bill Status for HB6688
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 Bill Status of HB6688  93rd General Assembly

Short Description:  MUNI CD-MONEY TO SCHOOLS

House Sponsors
Rep. Joe Dunn

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/8d new

Synopsis As Introduced
Amends the Illinois Municipal Code. Provides that, notwithstanding any provision of the Tax Increment Allocation Redevelopment Act to the contrary, when a school district passes an ordinance to increase property taxes, the revenue generated by the percentage rate increase, even in a redevelopment project area, must be paid to the school district. Effective immediately.

DateChamber Action
  2/9/2004HouseFiled with the Clerk by Rep. Joe Dunn
  2/9/2004HouseFirst Reading
  2/9/2004HouseReferred to Rules Committee
  1/11/2005HouseSession Sine Die

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