SB 3833 Illinois Senate · 101st Regular Session

PROP TX-SCHOOL DISTRICT ABATE

Summary
Amends the Property Tax Code. Provides that, if a school district reaches its adequacy target under the evidence-based funding formula in the School Code, then property taxpayers must be granted an abatement in the amount of any surplus funds generated from property tax revenue in that taxable year.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2020 Last action Feb 14, 2020
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Feb 14, 2020
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

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