Illinois General Assembly - Bill Status for HB5577
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 Bill Status of HB5577  101st General Assembly


Short Description:  SCH CD-TAX RELIEF POOL GRANTS

House Sponsors
Rep. William Davis

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
105 ILCS 5/2-3.170


Synopsis As Introduced
Amends the School Code. Provides that in the immediate 2 consecutive tax years (rather than in the tax year) following receipt of a Property Tax Pool Relief Grant, the aggregate extension base (rather than the aggregate levy) of any school district receiving a grant, for purposes of the Property Tax Extension Limitation Law, shall include the tax relief the school district provided in the previous taxable year. Effective July 1, 2020.

Actions 
DateChamber Action
  2/14/2020HouseFiled with the Clerk by Rep. William Davis
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  3/12/2020HouseAssigned to Appropriations-Elementary & Secondary Education Committee
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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