DeLuca spearheads local property tax relief

Print Friendly, PDF & Email

Underscoring the need to help lower taxes for homeowners and keep tax dollars local, state Rep. Anthony DeLuca is leading a legislative effort to increase the amount of money local governments receive from the Local Government Distributive Fund. DeLuca’s House Bill 4169 would increase the state income tax transfer amount into the LGDF. Currently, 6.06 percent of individual income tax revenues and 6.85 percent of corporate income tax revenues are distributed to local governments. DeLuca’s proposal would raise this distribution to 8 percent of individual income taxes and 9.11 percent of corporate income taxes, comparable to state commitments in the past.

 

About Fra Noi

Fra Noi produces a magazine and website that serve the Chicago-area Italian-American community. Our magazine offers our readers a monthly feast of news and views, culture and entertainment that keeps our diverse and widely scattered readers in touch with each other and their heritage. Our website offers a dizzying array of information drawn from every corner of the local community.

Check Also

Istituto offers perks to new members

A host of perks and an attractive price tag await those who sign up as …

Leave a Reply

Your email address will not be published. Required fields are marked *

Want More?


Subscribe to our print magazine
or give it as a gift.

Click here for details