HB 1354 Illinois House · 103rd Regular Session

PROP TX-TAX DISTRICT SURPLUS

Summary
Amends the Property Tax Code. Provides that no taxing district may hold more than 150% of the previous levy year's property tax collections in cash or cash-equivalent assets. Provides that excess amounts shall be refunded to taxpayers. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2023 Last action Apr 5, 2024
Floor votes

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Full legislative history

Actions timeline

Total actions
8
Key actions
1
Committee
6
Apr 5, 2024
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 8, 2024
Lower · Passed
To Revenue - Property Tax Subcommittee
lower
Mar 5, 2024
Committee
Referred to Revenue & Finance Committee
lower
Mar 10, 2023
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 23, 2023
Committee
Assigned to Revenue & Finance Committee
lower
Jan 31, 2023
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Dan Ugaste
Dan Ugaste
RRepublican
IL
65