<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 4003         </title>
<shortdesc>SCH CD-PROP TAX RELIEF GRANTS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Don Harmon</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>105 ILCS 5/2-3.170</reference><aliasreference></aliasreference><SynopsisText>Amends the School Code. With respect to property tax relief pool grants, provides that the State Board of Education shall process applications for relief, providing a grant to those districts with the highest operating tax rate, as determined by those districts with the highest percentage of the simple average operating tax rate of districts of the same type, either elementary, high school, unit, or tier status as calculated under the evidence-based funding provisions (rather than either elementary, high school, or unit), first in an amount equal to the intended relief multiplied by the property tax multiplier. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/21/2022</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Melinda Bush</action>
<statusdate>1/21/2022</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/21/2022</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>12/31/2022</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Don Harmon</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

