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IL HB2427

Bill

Official Source

Status

Introduced

2/13/2019

Primary Sponsor

Allen Skillicorn

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

  • Amends the Property Tax Code (35 ILCS 200/20-15) to require property tax bills to include information about tax increment financing (TIF) districts.

  • Requires each tax bill to list every TIF district in which the property is located and show the dollar amount of tax allocable to each TIF district.

  • Adds this TIF information as a new subsection (b-5) to the existing requirements for property tax bill disclosures.

  • Takes effect immediately upon becoming law.

Legislative Description

PROP TX-TIF INFO ON BILL

Last Action

Rule 19(a) / Re-referred to Rules Committee

3/29/2019

Committee Referrals

Rules3/29/2019
Property Tax3/6/2019
Revenue & Finance2/26/2019
Rules2/13/2019

Full Bill Text

No bill text available