Bill Status of HB1354  103rd General Assembly


Short Description:  PROP TX-TAX DISTRICT SURPLUS

House Sponsors
Rep. Dan Ugaste

Last Action
DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 200/30-32 new


Synopsis As Introduced
Amends the Property Tax Code. Provides that no taxing district may hold more than 150% of the previous levy year's property tax collections in cash or cash-equivalent assets. Provides that excess amounts shall be refunded to taxpayers. Effective immediately.

Actions 
DateChamber Action
  1/23/2023HouseFiled with the Clerk by Rep. Dan Ugaste
  1/31/2023HouseFirst Reading
  1/31/2023HouseReferred to Rules Committee
  2/23/2023HouseAssigned to Revenue & Finance Committee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee
  3/5/2024HouseReferred to Revenue & Finance Committee
  3/8/2024HouseTo Revenue - Property Tax Subcommittee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee