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IL HB4403
Bill
Status
5/29/2014
Primary Sponsor
Sara Feigenholtz
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AI Summary
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Amends the Community Expanded Mental Health Services Act to modify the property tax rate structure for mental health service programs from .004 to .007 to a range of .025% to .044% of equalized assessed valuation.
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Changes ballot language and tax calculation methodology to reference "equalized assessed valuation of all properties" instead of per-parcel tax rates, simplifying voter understanding of tax impacts.
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Authorizes existing mental health service programs created before December 31, 2012 to levy at the minimum tax rate of .025% of equalized assessed valuation for the 2013 levy year.
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Requires the Governing Commission to maintain a publicly accessible website publishing all audit results for at least six months after initial disclosure, enhancing transparency of program finances and operations.
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Maintains existing governance structure with 9-member commission (5 appointed by Governor, 4 by Mayor) and fund restrictions limiting administrative costs to 15% of annual levy.
Legislative Description
HEALTHCARE-TECH
Last Action
Public Act . . . . . . . . . 98-0630
5/29/2014