Summary as Introduced
Amends the Property Tax Code. Provides that, for State fiscal years beginning on or after July 1, 2023, the Department of Revenue shall remit the assessor's additional performance-based compensation to the appropriate township, and the township shall pay the additional compensation to the assessor from those funds. Provides that, with respect to that additional compensation, the township shall be considered the assessor's employer for payroll purposes. Effective immediately.