103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2457 Introduced , by Rep. William "Will" Davis SYNOPSIS AS INTRODUCED: 35 ILCS 200/18-50.2 Amends the Property Tax Code. Provides that each taxing district that is required to collect and publish vendor information data shall compile that data into a report and submit that report to the Comptroller's Local Government Division for publication on the Comptroller's website. Effective immediately. LRB103 25160 HLH 51499 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2457 Introduced , by Rep. William "Will" Davis SYNOPSIS AS INTRODUCED: 35 ILCS 200/18-50.2 35 ILCS 200/18-50.2 Amends the Property Tax Code. Provides that each taxing district that is required to collect and publish vendor information data shall compile that data into a report and submit that report to the Comptroller's Local Government Division for publication on the Comptroller's website. Effective immediately. LRB103 25160 HLH 51499 b LRB103 25160 HLH 51499 b A BILL FOR
103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2457 Introduced , by Rep. William "Will" Davis SYNOPSIS AS INTRODUCED:
35 ILCS 200/18-50.2 35 ILCS 200/18-50.2
35 ILCS 200/18-50.2
Amends the Property Tax Code. Provides that each taxing district that is required to collect and publish vendor information data shall compile that data into a report and submit that report to the Comptroller's Local Government Division for publication on the Comptroller's website. Effective immediately.
LRB103 25160 HLH 51499 b LRB103 25160 HLH 51499 b
LRB103 25160 HLH 51499 b
A BILL FOR
HB2457LRB103 25160 HLH 51499 b HB2457 LRB103 25160 HLH 51499 b
HB2457 LRB103 25160 HLH 51499 b
1 AN ACT concerning revenue.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Property Tax Code is amended by changing
5 Section 18-50.2 as follows:
6 (35 ILCS 200/18-50.2)
7 Sec. 18-50.2. Vendor information reporting. Beginning in
8 levy year 2022, each taxing district that has an aggregate
9 property tax levy of more than $5,000,000 for the applicable
10 levy year shall make a good faith effort to collect and
11 electronically publish data from all vendors and
12 subcontractors doing business with the taxing district as to:
13 (1) whether the vendor or subcontractor is a minority-owned,
14 women-owned, or veteran-owned business, as defined in the
15 Business Enterprise for Minorities, Women, and Persons with
16 Disabilities Act; and (2) whether the vendor or subcontractor
17 holds any certifications for those categories or if they are
18 self-certifying; if the vendor self-certifies, then the taxing
19 district shall publish whether the vendor qualifies as a small
20 business under federal Small Business Administration
21 standards. At least once for each levy year, each taxing
22 district that is required to collect and publish data under
23 this Section shall compile that data into a report and submit
103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2457 Introduced , by Rep. William "Will" Davis SYNOPSIS AS INTRODUCED:
35 ILCS 200/18-50.2 35 ILCS 200/18-50.2
35 ILCS 200/18-50.2
Amends the Property Tax Code. Provides that each taxing district that is required to collect and publish vendor information data shall compile that data into a report and submit that report to the Comptroller's Local Government Division for publication on the Comptroller's website. Effective immediately.
LRB103 25160 HLH 51499 b LRB103 25160 HLH 51499 b
LRB103 25160 HLH 51499 b
A BILL FOR
35 ILCS 200/18-50.2
LRB103 25160 HLH 51499 b
HB2457 LRB103 25160 HLH 51499 b
HB2457- 2 -LRB103 25160 HLH 51499 b HB2457 - 2 - LRB103 25160 HLH 51499 b
HB2457 - 2 - LRB103 25160 HLH 51499 b
1 that report to the Comptroller's Local Government Division for
2 publication on the Comptroller's website. The Comptroller
3 shall accept and publish those reports. This Section is a
4 denial and limitation of home rule powers and functions under
5 subsection (i) of Section 6 of Article VII of the Illinois
6 Constitution on the concurrent exercise by home rule units of
7 powers and functions exercised by the State.
8 The taxing district may use existing software to comply
9 with this Section.
10 (Source: P.A. 102-265, eff. 8-6-21.)
11 Section 99. Effective date. This Act takes effect upon
12 becoming law.
HB2457 - 2 - LRB103 25160 HLH 51499 b