Synopsis of Bill as introduced:
Amends the Property Tax Code. Requires the Department of Revenue
(now, allows the Department, except in certain circumstances) to
apportion the tax burden for taxing districts that lie in more than
one county. Requires the Department to cause an assessment ratio
study to be made of each overlapping taxing district's portion of each
affected township (now, each township in which each of the overlapping
taxing districts lies) and to use the assessment ratio studies to
apportion the amount to be raised by taxation upon property within the
district. Requires the Department to request from the county clerk of
each county certification of the portion of the assessed value of the
prior year, listed by property class, for the overlapping taxing
district's portion of each township. Effective immediately.
HOUSE AMENDMENT NO. 1.
Deletes everything. Amends the Property Tax Code. In the
Section concerning apportionment of taxes for a district in 2 or more
counties, provides that for those counties that classify property by
county ordinance under the Illinois Constitution, the certification
shall be listed by property class as provided in the certification
ordinance. Effective immediately.
HOUSE AMENDMENT NO. 2.
Deletes everything. Makes a technical change in the Section
concerning apportionment of districts in 2 or more counties.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 2 SENATE - 0
END OF INQUIRY
Full Text Bill Status