Illinois 2023-2024 Regular Session

Illinois Senate Bill SB3438

Introduced
2/8/24  

Caption

REVENUE-VARIOUS

Impact

Under SB3438, local governments are relieved of the obligation to implement state mandates if the appropriate financial resources have not been allocated by the state. This statutory change is designed to protect local governments from unfunded mandates that could strain their budgets and resources. Additionally, the bill revises restrictions on taxing districts, providing them with more flexibility to adjust property tax extension limits upon voter approval of referenda, thereby granting local authorities greater control over their fiscal management.

Summary

SB3438, introduced in the 103rd General Assembly of Illinois, aims to amend the State Mandates Act, the Property Tax Extension Limitation Law, and the Illinois Income Tax Act. Central to this bill is the provision that any state mandate requiring local governments to incur additional expenditures will be deemed void unless the General Assembly provides necessary appropriations and reimbursements. This is a significant shift in the accountability for funding mandates placed on local governments, ensuring they are not financially burdened without proper state support.

Contention

The discussion surrounding SB3438 is expected to highlight arguments regarding state versus local control over taxation and mandates. Supporters of the bill argue that it will protect local governments, enabling them to operate without the threat of unfunded state mandates. Detractors, however, may contend that loosening restrictions on local tax increases could lead to higher burdens on taxpayers, potentially undermining the intentions behind limiting property tax extensions.

Additional_points

Moreover, the bill proposes increasing distributions into the Local Government Distributive Fund, intended to provide local governments with more resources following the passage of this legislation. This shift in funding could significantly affect how local governments plan and implement programs, as they would now potentially receive more state support for directives mandated at the state level.

Companion Bills

No companion bills found.

Similar Bills

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