Illinois · Senate Bill 3326 · 103rd General Assembly

PROP TX-INDEMNITY FUND

SB 3326 Sponsored by Steve Stadelman Died in committee

  1. Introduced Feb 7, 2024
  2. In committee Feb 7, 2024
  3. Died  
  4. Passed the House  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Property Tax Code. Provides that, in counties with fewer than 3,000,000 inhabitants, the amount in the indemnity fund shall not be less than 0.03% of the total equalized assessed valuation of the property in the county or $25,000 (currently, $50,000), whichever is greater.

Every action

8 steps, oldest first, as the legislature records them.

  1. SenateFiled with Secretary by Sen. Steve Stadelman
  2. SenateFirst Reading
  3. CommitteeReferred to Assignments · Senate Assignments
  4. CommitteeAssigned to Revenue · Senate Revenue
  5. SenateRule 2-10 Committee Deadline Established As April 5, 2024
  6. SenateRule 2-10 Committee Deadline Established As May 3, 2024
  7. CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
  8. SenateSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.