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IL SB2209

Bill

Official Source

Status

Failed

1/9/2019

Primary Sponsor

Bill Brady

Click for details

Origin

Senate

100th General Assembly

AI Summary

  • Amends the Property Tax Code by adding Section 24-40 regarding the James R. Thompson Center
  • Directs all property tax revenue from the James R. Thompson Center (located at 100 West Randolph Street, bounded by Lake, Clark, Randolph, and LaSalle Streets in Chicago) to Chicago public schools exclusively
  • Overrides any conflicting provisions of law, including the Special Service Area Tax Law and the Tax Increment Allocation Redevelopment Act
  • Takes effect immediately upon becoming law

Legislative Description

PROPERTY TAX-THOMPSON CENTER

Last Action

Session Sine Die

1/9/2019

Committee Referrals

Assignments5/5/2017

Full Bill Text

No bill text available