92nd General Assembly
Status of HB4924
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 Full Text  Bill Summary

   50 ILCS 310/9             from Ch. 85, par. 709                             

        Amends the Governmental Account Audit Act. Provides that  a  unit      
   of government with taxing powers may levy an auditing tax in an amount      
   that  will require extension of the tax at a rate  that will produce a      
   sum sufficient to pay the cost  of  the  required  auditing  expenses       
   (instead  of  at  a  rate  not "in excess of .005% of the value of all      
   taxable  property  in  the  unit  as  equalized  or  assessed  by  the      
   Department of Revenue"). Effective immediately.                             
        HOUSE AMENDMENT NO. 1.                                                 
        Limits the amount produced by the auditing tax to $5,000.              
   FEB-05-2002  H  FILED WITH CLERK                                               
   FEB-05-2002  H  FIRST READING                                                  
   FEB-05-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2002  H       ASSIGNED TO COMMITTEE               STE GOV ADMIN         
   FEB-15-2002  H                             AMENDMENT NO. 01-STE GOV ADMIN H    
   FEB-15-2002  H                                   ADOPTED                       
   FEB-15-2002  H  DO PASS AMENDED/SHORT DEBATE             005-004-000   HSGA    
   FEB-15-2002  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   FEB-21-2002  H  SECOND READING-SHORT DEBATE                                    
   FEB-21-2002  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   APR-05-2002  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary