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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 HB1767 Introduced , by Rep. Keith P. Sommer SYNOPSIS AS INTRODUCED: |
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Amends the Property Tax Code. Provides that, in the event there is a statewide freeze on property tax extensions for all tax districts, then there shall be a freeze to appropriations made to the Illinois General Assembly and Constitutional Officers. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB1767 | | LRB100 08282 HLH 18384 b |
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| 1 | | AN ACT concerning revenue.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Property Tax Code is amended by adding |
| 5 | | Section 18-242 as follows: |
| 6 | | (35 ILCS 200/18-242 new) |
| 7 | | Sec. 18-242. Statewide property tax freeze; appropriations |
| 8 | | to legislature and statewide officers frozen as well. |
| 9 | | Notwithstanding any provision of law to the contrary, if under |
| 10 | | the Property Tax Extension Limitation Law, there is put into |
| 11 | | effect a statewide freeze on extensions provided under this Act |
| 12 | | for all taxing districts, including home rule units, then |
| 13 | | appropriations made to the Illinois General Assembly and |
| 14 | | Constitutional Officers shall also be frozen for the amount of |
| 15 | | time that the property tax freeze is in effect.
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| 16 | | Section 99. Effective date. This Act takes effect upon |
| 17 | | becoming law.
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