Bill Status of HB4624  95th General Assembly

Short Description:  PEN CD-ART 6-MUNICIPAL TAX

House Sponsors
Rep. John A. Fritchey - Kevin Joyce

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/6-165from Ch. 108 1/2, par. 6-165
30 ILCS 805/8.32 new

Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Provides that, in calendar year 2009 and each year thereafter, the city shall levy a tax annually at a rate on the dollar of the value, as equalized or assessed by the Department of Revenue of all taxable property within such city that will produce, when extended, not less than (was, not to exceed) an amount equal to the total amount of contributions by the employees to the fund made in the calendar year 2 years prior to the year for which the annual applicable tax is levied, multiplied by 2.26. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

DateChamber Action
  1/25/2008HouseFiled with the Clerk by Rep. John A. Fritchey
  1/25/2008HouseFirst Reading
  1/25/2008HouseReferred to Rules Committee
  3/12/2008HouseAdded Chief Co-Sponsor Rep. Kevin Joyce
  1/13/2009HouseSession Sine Die