92nd General Assembly
Summary of HB1986
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House Sponsors:
FOWLER.

Short description: 
PROP TX-MULTI-TWP DIST-BUDGET                                              

Synopsis of Bill as introduced:
        Amends  the  Property  Tax  Code.  Requires  the   board   of   a      
   multi-township  assessment  district  to  make  a tentative budget and      
   appropriation ordinance available for public inspection  at  least  30      
   days  before  the  public  hearing  required by the Illinois Municipal      
   Budget Law.  Requires the public hearing to be held on or  before  the      
   last day of the first quarter of the fiscal year. Requires that notice      
   of the hearing be given by publication in a newspaper published in the      
   multi-township assessment district or, if no newspaper is published in      
   the  district,  by  posting notice in the 5 most public places in each      
   township comprising the multi-township assessment  district.  Requires      
   the  township clerks to arrange the hearing. Allows the board to adopt      
   all or part of the tentative budget and appropriation ordinance at the      
   public hearing. Effective immediately.                                      
          FISCAL NOTE (Department of Revenue)                                  
          HB 1986 does not create a fiscal impact on the Department.           
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status