|
| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 HB1767 Introduced , by Rep. Keith P. Sommer SYNOPSIS AS INTRODUCED: |
| |
Amends the Property Tax Code. Provides that, in the event there is a statewide freeze on property tax extensions for all tax districts, then there shall be a freeze to appropriations made to the Illinois General Assembly and Constitutional Officers. Effective immediately.
|
| |
| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
|
|
| | HB1767 | | LRB100 08282 HLH 18384 b |
|
|
1 | | AN ACT concerning revenue.
|
2 | | Be it enacted by the People of the State of Illinois,
|
3 | | represented in the General Assembly:
|
4 | | Section 5. The Property Tax Code is amended by adding |
5 | | Section 18-242 as follows: |
6 | | (35 ILCS 200/18-242 new) |
7 | | Sec. 18-242. Statewide property tax freeze; appropriations |
8 | | to legislature and statewide officers frozen as well. |
9 | | Notwithstanding any provision of law to the contrary, if under |
10 | | the Property Tax Extension Limitation Law, there is put into |
11 | | effect a statewide freeze on extensions provided under this Act |
12 | | for all taxing districts, including home rule units, then |
13 | | appropriations made to the Illinois General Assembly and |
14 | | Constitutional Officers shall also be frozen for the amount of |
15 | | time that the property tax freeze is in effect.
|
16 | | Section 99. Effective date. This Act takes effect upon |
17 | | becoming law.
|