Bill Status of HB1141 97th General Assembly
Short Description: LOCAL GOV DIST FUND DEPOSIT
Rep. Anthony DeLuca - Sidney H. Mathias - Robert W. Pritchard - Lisa M. Dugan - André M. Thapedi, Daniel V. Beiser, Karen A. Yarbrough, Patrick J. Verschoore, Al Riley, Linda Chapa LaVia, Carol A. Sente, Mike Fortner, William Davis, Thomas Holbrook, Dave Winters, Michelle Mussman and William Cunningham
| 1/8/2013||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Revenue Sharing Act and the Illinois Income Tax Act. Provides that, from each income tax payment that the Department of Revenue receives, the Department must deposit certain amounts directly into the Local Government Distributive Fund (currently, the Department deposits the tax payment into the General Revenue Fund and the Treasurer then transfers a percentage of the net revenue to the Local Government Distributive Fund). Effective immediately.