Illinois 2023-2024 Regular Session

Illinois House Bill HB2914

Introduced
2/16/23  
Introduced
2/16/23  
Refer
2/28/23  
Refer
2/16/23  
Refer
3/10/23  
Refer
2/28/23  
Refer
3/13/23  
Refer
3/10/23  
Refer
1/31/24  
Refer
3/13/23  
Refer
4/5/24  
Refer
1/31/24  
Refer
4/5/24  

Caption

PROP TX-BALLOT INITIATIVES

Impact

The inclusion of the ballot initiative percentage in property tax statements could significantly affect how taxpayers perceive local government funding and initiatives. By clearly outlining what portion of their taxes is directly linked to voter-approved measures, taxpayers may become more engaged in future voting decisions regarding local referendums. This transparency could lead to increased scrutiny towards ballot initiatives, encouraging proponents to justify the financial implications of their proposals better.

Summary

House Bill 2914 proposes an amendment to the Property Tax Code that requires property tax bills to include a specific statement detailing the percentage of the total tax bill that is attributable to any ballot initiatives or referendums. This additional transparency aims to enhance taxpayer awareness of how such initiatives impact their financial obligations. The bill, introduced by Rep. Diane Blair-Sherlock, seeks to provide residents with clearer insights into the funding mechanisms associated with local policies voted on by the public, thus aiming to foster a more informed electorate.

Contention

Notable points of contention surrounding HB2914 may arise from debates about the efficacy of such transparency measures. While supporters argue that it empowers taxpayers and enhances civic engagement, critics may contend that such additions could overcomplicate tax bills or distract from other essential tax information. Furthermore, there may be concerns about how accurately the inclusion of this statement reflects the financial realities of government funding and responsivity to taxpayer needs.

Companion Bills

No companion bills found.

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