90th General Assembly
Summary of HB3811
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House Sponsors:
CURRIE-MULLIGAN-SCHOENBERG-COULSON-BIGGERT, 
   RONEN AND FEIGENHOLTZ.

Senate Sponsors:
RADOGNO-LINK-CLAYBORNE-BERMAN

Short description: 
PROP TX-ASSESSOR-INCOME TX ACT                                             

Synopsis of Bill as introduced:
        Amends the Property Tax Code.  Makes a technical  change  in  the      
   Section  concerning  notice  requirements  for assessment increases in      
   counties with 3,000,000 or more inhabitants.                                
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          35 ILCS 200/12-55                                                    
          Adds reference to:                                                   
          35 ILCS 200/16-190                                                   
          35 ILCS 200/16-191 new                                               
        Deletes everything.  Amends the Property Tax Code.  Provides that      
   the Property Tax Appeal Board shall give to a requesting  assessor  or      
   chief  county  assessment officer a free copy of any volume, pamphlet,      
   publication, brochure, or research document  produced  by  the  Board.      
   Effective immediately.                                                      
          FISCAL NOTE, H-AM 1 (Property Tax Appeal Bd.)                        
          A minimum additional $60,000 for printing would be required.         
          STATE MANDATES FISCAL NOTE, H-AM 1                                   
          HB 3811 fails to create a State mandate.                             
          FISCAL NOTE, H-AM 5 (Dept. of Revenue)                               
          The fiscal impact of HB 3811, as amended, is neutral.                
          HOME RULE NOTE, H-AM 1                                               
          Contains no language preempting home rule authority.                 
        HOUSE AMENDMENT NO. 5.                                                 
          Adds reference to:                                                   
          35 ILCS 5/203                   from Ch. 120, par. 2-203             
        Amends the Illinois Income Tax  Act.   Creates  a  deduction  for      
   individual  taxpayers  equal to the amounts included in the taxpayer's      
   federal gross income in the taxable year for amounts converted from  a      
   regular  IRA  to a Roth IRA.  Provides that the deduction is available      
   for tax years beginning on or after  January  1,  1998.   Exempts  the      
   deduction from the sunset provisions.                                       
        SENATE AMENDMENT NO. 1.                                                
        In the amendatory provisions of the Property Tax Code, provides        
   that the Property Tax Appeal Board shall, upon request, annually            
   distribute to each chief county assessment officer, free of charge,         
   one copy of any publication produced by the Board.                          
 
Last action on Bill: PUBLIC ACT.............................. 90-0770

   Last action date: 98-08-14

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   2     SENATE -   1


   END OF INQUIRY 



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