HB 5773

  • Illinois House Bill
  • 96th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

School District Income Tax


Creates the School District Income Tax Act. Allows school districts to tax income after referendum approval of district residents and record owners of property in the district. Provides for additional levies, administration and distribution of the tax, and penalties for violations. Applies only to income earned following 120 days after certification of the results of the referendum. Creates a credit against the tax in an amount not to exceed $500 equal to 5% of the amounts spent by the taxpayer on monthly rent for the taxpayer's residence. Amends the Property Tax Code to provide for abatement of residential, farm, and small business property. Amends the School Code to require that school districts certify income tax levies and amounts realized for property tax abatement purposes and to coordinate the calculation of school aid with the income tax levies by adjusting the operating tax rate accordingly. Amends the State Finance Act to create the School District Income Tax Fund. Effective immediately.

Bill Sponsors (1)


No votes to display


Jan 11, 2011


Session Sine Die

Mar 15, 2010


Rule 19(a) / Re-referred to Rules Committee

Feb 22, 2010


Assigned to Revenue & Finance Committee

Feb 09, 2010


Filed with the Clerk by Rep. Ronald A. Wait


First Reading


Referred to Rules Committee

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
No related documents.


Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.