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House Bill 1380


House Bill 1380

ARCHIVE (2008)

Latest Information

 

DIGEST OF INTRODUCED BILL


Distribution of Lake County income tax. Provides that the Lake County council may not adopt an ordinance to impose the local option income tax for property tax credits unless the ordinance requires that revenue from the tax be used as follows: (1) The revenue collected from taxpayers within a particular municipality in Lake County shall be used only to provide a local property tax credit against property taxes imposed by that municipality. (2) The revenue collected from taxpayers within the unincorporated area of Lake County shall be used only to provide a local property tax credit that is available only to those taxpayers within the unincorporated area and that is applied against property taxes imposed by the county.
Current Status:
 In Committee - first House
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