HB 375 Illinois House · 96th Regular Session

PROP TAX-SIMPLE INTEREST

Summary
Amends the Property Tax Code. In Sections concerning interest paid on refunds due on certificates of error, sales in error, and refunds based on a final order of the Property Tax Appeal Board, provides that the interest shall be calculated as simple interest based only on the principal amount of the refund. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2009
Committee Review
Floor Vote
Governor
Introduced Jan 29, 2009 Last action Jan 11, 2011
Floor votes

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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
3
Jan 11, 2011
House · Failed
Session Sine Die
Mar 13, 2009
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 11, 2009
House · Referred to committee
Assigned to Executive Committee
Jan 30, 2009
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Arthur L. Turner
Arthur L. Turner
DDemocratic
IL
9