Township Officials Gunning for Senate Bill 2862

An email from the Township Officials of Illinois asking help in killing a bill in the Senate Revenue Committee similar to the one State Rep. Jack Franks got passed the House, but was deep-sixed by the Senate sponsor (Terry Link) to whose bill it was attached.

It should be noted that those who voted for the Franks’ bill in the House knew it would be killed in the Senate.

State Senator Martin Sandoval’s bill is pretty much the same idea–no increase in tax dollars if assessed valuation decreases.

Here’s the email from Bryan E. Smith, Executive Director:

Senate Bill 2862 will be heard by the Senate Revenue Committee next Wednesday, May 2.

This bill will further hinder townships and road districts in tax-capped counties in their ability to generate revenue.

Under Senate Bill 2862, local governments (including townships and road districts) for which the total taxable Equalized

Assessed Valuation (EAV) is less than the previous year would be restricted to a 0% increase in the districts extension, or

the rate approved by voters.  Local governments in tax-capped counties are already limited in their ability to increase local revenues by the amount of the Consumer Price Index (CPI) or 5%, whichever is less.

This bill would have a very negative impact on townships and road districts in tax-capped counties.  Please contact your State Senator before next Wednesday by phone 217.782.2000 State Operator, and ask them to oppose Senate Bill 2862.

Thank you for your help with this urgent legislative matter.


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