STATE REV SHARING ACT-PROP TAX
Synopsis of Bill as introduced:
Amends the State Revenue Sharing Act to allow distributions from
the Personal Property Tax Replacement Fund to taxing districts outside
of Cook County that had personal property tax collections for the 1978
tax year but not the 1977 tax year. Effective immediately.
SENATE AMENDMENT NO. 2.
Amends the State Revenue Sharing Act to provide that in determin-
ing the Cook County Tax Base if one of its taxing districts had no
personal property tax collection for the 1976 tax year, then the col-
lection for the 1978 tax year shall be used as the base.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1
END OF INQUIRY
Full Text Bill Status