Illinois House Resolution 929 urges a study on phasing out property taxes for school funding.
Illinois House Resolution 929 calls for a study to assess the feasibility of phasing out property taxes as a funding source for school districts. The resolution highlights systemic inequities in the current property tax system, which disproportionately affects low-wealth communities. It aims to replace property tax revenue with other state and local revenue streams. The study will be conducted in consultation with the Governor's Office of Management and Budget.
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