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To Whom It May Concern:
Before becoming the Manhattan Township Assessor during the
1980's I spent about four years lobbing for property tax reform. I favor a
flat rate income tax to the real estate property tax. During that time I
testified twice before the Illinois Senate Revenue Committee. Since
property tax reform is a current topic because Market Value of homes continue to
increase causing higher property taxes I decided to make available my testimony
along with its supporting reference material. Property
Tax Reform Testimony by Joseph R. Oldani
Also there were two Illinois Senate bill proposed at that
time introduced by former Illinois Senator George E. Sangmeister, 42nd
District. Senate Bill 711 proposed a state wide advisory referendum
asking the voters opinion of increasing the Illinois State Income Tax and
reducing the property tax proportionately. Senate Bill 712 was the actual
proposed bill to make this change in school funding. Senate Bill 711 made
it to a third reading but was never voted on. Senate Bill 712 was held in
committee and was placed in a subcommittee for further study. See Senator's
Sangmeister letter to me.