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IL HB2526

Bill

Status

Introduced

2/18/2015

Primary Sponsor

Michael Tryon

Click for details

Origin

House of Representatives

99th General Assembly

AI Summary

  • Requires taxing districts that pick up or pay employees' contributions to public pension funds to certify the dollar amount of their tax levy used for this purpose to the county clerk by the last Tuesday in December each year.

  • Mandates that property tax bills include a separate statement for each taxing district showing the dollar amount of tax due that will be used to pick up or pay employees' contributions to public pension funds.

  • Amends the Property Tax Code by adding Section 18-17 and modifying Section 20-15 to implement pension contribution disclosure requirements.

  • Takes effect immediately upon becoming law.

Legislative Description

PROP TX-TAX BILLS-PENSION

Last Action

Added Chief Co-Sponsor Rep. David S. Olsen

8/15/2016

Committee Referrals

Rules3/27/2015
Property Tax3/6/2015
Revenue & Finance3/2/2015
Rules2/18/2015

Full Bill Text

No bill text available