Illinois Senate Bill 170 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the State Finance Act. Creates the Financially Distressed Cities Fund. Amends the State Revenue Sharing Act and the Illinois Income Tax Act. Provides that the Treasurer shall monthly transfer to the Financially Distressed Cities Fund an amount certified by the Department of Revenue equal to: (1) the amount that would have been distributed under the State Revenue Sharing Act to all financially distressed cities if the Treasurer had transferred to the Local Government Distributive Fund a sum calculated using 0.10% of the net revenue realized from the tax imposed by the Illinois Income Tax Act upon individuals, trusts, estates, and corporations during the preceding month; and (2) subtracting the amount distributed to all financially distressed cities from the Local Government Distributive Fund. Provides that the Department of Revenue shall monthly allocate an amount from the Financially Distressed Cities Fund that shall be paid to each financially distressed city. Amends the Financially Distressed City Law of the Illinois Municipal Code. Makes the law applicable to both home rule and non-home rule municipalities. Provides that a State agency or unit of local government may also render technical assistance to a municipality's Financial Advisory Authority as the Authority may request. Provides that the State shall not reduce revenues or impose additional costs affecting a financially distressed city affecting the municipality unless it is consistent with the Financial Plan and Budget in effect. Provides that State mandates enacted while a municipality is designated as a financially distressed city that would cause the municipality to incur costs are not valid or enforceable during the period when the municipality is under the financially distressed city designation. Effective January 1, 2020.

FINANCIALLY DISTRESSED CITIES

Sen. Napoleon Harris [D]

Date	Chamber	Action
2021-01-13	Senate	Session Sine Die
2019-03-28	Senate	Rule 3-9(a) / Re-referred to Assignments
2019-03-28	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
2019-03-22	Senate	Rule 2-10 Committee Deadline Established As March 28, 2019
2019-03-19	Senate	Senate Committee Amendment No. 1 Assignments Refers to Revenue
2019-03-15	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2019-03-15	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Napoleon Harris, III
2019-03-06	Senate	Postponed - Revenue
2019-02-21	Senate	Postponed - Revenue
2019-02-13	Senate	Assigned to Revenue
2019-01-30	Senate	Referred to Assignments
2019-01-30	Senate	First Reading
2019-01-30	Senate	Filed with Secretary by Sen. Napoleon Harris, III

Chapter	Article	Section	Citation Type	Statute Text
30	105	5.891	New Code	See Bill Text
30	115	2	Amended Code	Citation Text
35	5	901	Amended Code	Citation Text
65	5	8-12-10	Amended Code	Citation Text
65	5	8-12-18	Amended Code	Citation Text
65	5	8-12-24	Amended Code	Citation Text
65	5	8-12-3	Amended Code	Citation Text
65	5	8-12-4	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=170&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/SB/10100SB0170.htm
Amendment	https://www.ilga.gov/legislation/101/SB/10100SB0170sam001.htm