IL HB4695 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 1 2024 - 25% progression
Action: 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Sets forth procedures for calculating a taxing district's maximum extension if the taxing district's population has decreased when compared with the taxing district's population in the immediately preceding taxable year. Effective immediately.

Tracking Information

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Title

PROP TX-LIMITATION

Sponsors


History

DateChamberAction
2024-04-05HouseRule 19(a) / Re-referred to Rules Committee
2024-03-08HouseTo Revenue - Property Tax Subcommittee
2024-03-05HouseAssigned to Revenue & Finance Committee
2024-02-06HouseReferred to Rules Committee
2024-02-06HouseFirst Reading
2024-02-01HouseFiled with the Clerk by Rep. Tim Ozinga

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520018-185Amended CodeCitation Text
3520018-50.3New CodeSee Bill Text

Illinois State Sources


Bill Comments

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