Bill Title: Amends the Property Tax Code. Provides that interest earned on tax collection accounts may (currently, shall) be disbursed to taxing districts in the same proportionate ratio that the district shared in the distribution of principal taxes to all units of local government. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee [HB4587 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2024-01-25	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB4587

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4587 currently on file.

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