Amends the State Finance Act, Counties Code, Illinois Municipal Code, Metro-East Park and Recreation District Act, Local Mass Transit District Act, Regional Transportation Authority Act, and Water Commission Act of 1985. Provides that the amounts transferred into the Tax Compliance and Administration Fund shall be reduced from 1.5% to 1%. Effective July 1, 2021.

Statutes affected:
Introduced: 30 ILCS 105/6, 55 ILCS 5/5, 65 ILCS 5/8, 70 ILCS 1605/30, 70 ILCS 3610/5, 70 ILCS 3615/4, 70 ILCS 3720/4