MUNI CD-LEVY ABATEMENT Senate SponsorsSen. Patrick J. Joyce 1/10/2023SenateSession Sine Die 35 ILCS 200/18-18565 ILCS 5/8-3-20 newAmends the Illinois Municipal Code. Provides that the corporate authorities of a municipality may by ordinance declare that the municipality will have a projected surplus of revenues in a fiscal year from any source. Allows the corporate authorities to abate the property tax levied by the municipality by the projected surplus amount. Provides that any amounts abated shall be considered as part of the municipality's aggregate extension for the fiscal year in question. Amends the Property Tax Code making conforming changes. 12/15/2021SenateFiled with Secretary by Sen. Patrick J. Joyce 12/15/2021SenateFirst Reading 12/15/2021SenateReferred to Assignments 1/5/2022SenateAssigned to Revenue 2/7/2022SenatePostponed - Revenue 2/7/2022SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Patrick J. Joyce 2/7/2022SenateSenate Committee Amendment No. 1 Referred to Assignments 2/9/2022SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue 2/9/2022SenateSenate Committee Amendment No. 1 Postponed - Revenue 2/10/2022SenatePostponed - Revenue 2/10/2022SenateRule 3-9(a) / Re-referred to Assignments 2/10/2022SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments 1/10/2023SenateSession Sine Die