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IL SB3108

Bill

Status

Failed

1/13/2015

Primary Sponsor

Michael Noland

Click for details

Origin

Senate

98th General Assembly

AI Summary

SB3108 Summary

  • Amends the Local Governmental and Governmental Employees Tort Immunity Act to clarify that tort immunity tax revenue must be used only for authorized purposes, including insurance, risk management, and tort liability costs.

  • Authorizes fire protection districts subject to the Property Tax Extension Limitation Law to use tort immunity tax funds for the installation of sprinklers.

  • Permits school districts that were members of joint-self-health-insurance cooperatives with outstanding liability claims to make a one-time transfer from tort immunity funds to pay claims owed to the cooperative.

  • Establishes that funds raised under this section can be invested under the Public Funds Investment Act, with interest and any surplus used only for authorized purposes or abated from property taxes.

  • Allows local public entities to enter into intergovernmental contracts for joint self-insurance with terms up to 12 years, with funds used only for authorized costs including tort judgments, settlements, and administrative expenses.

Legislative Description

LOCGOV-TAX LEVIES: SPRINKLERS

Last Action

Session Sine Die

1/13/2015

Committee Referrals

Rules5/16/2014
Property Tax5/1/2014
Revenue & Finance4/28/2014
Rules4/10/2014
Revenue2/19/2014
Assignments2/7/2014

Full Bill Text

No bill text available