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IL HB2393

Bill

Status

Introduced

2/17/2021

Primary Sponsor

Stephanie Kifowit

Click for details

Origin

House of Representatives

102nd General Assembly

AI Summary

  • Amends Section 20-15 of the Property Tax Code to require information about tax increment financing (TIF) districts be printed on property tax bills or separate statements mailed with bills.

  • Requires tax bills to list each TIF district in which the property is located, the dollar amount of tax allocable to each TIF district, and each taxing district affected by revenues received by a TIF district.

  • Becomes effective immediately upon passage.

  • Applies to all counties and maintains existing requirements for property tax bills to itemize tax rates, exemptions, assessments, and other statutory information.

Legislative Description

TAX INCREMENT FINANCE-BILLS

Last Action

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

2/18/2022

Committee Referrals

Rules2/18/2022
Property Tax1/27/2022
Revenue & Finance1/19/2022
Rules3/27/2021
Property Tax3/18/2021
Revenue & Finance3/9/2021
Rules2/17/2021

Full Bill Text

No bill text available