IL SB3564 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a district's aggregate extension base shall be modified by certain recaptured amounts. Provides that a taxing district may seek voter approval before it decreases its aggregate extension for one or more levy years.

Tracking Information

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Title

PROP TX-LIMITING RATE

Sponsors


History

DateChamberAction
2015-01-13SenateSession Sine Die
2014-03-28SenateRule 3-9(a) / Re-referred to Assignments
2014-03-27SenatePostponed - Revenue
2014-03-21SenatePostponed - Revenue
2014-03-05SenateAssigned to Revenue
2014-02-14SenateReferred to Assignments
2014-02-14SenateFirst Reading
2014-02-14SenateFiled with Secretary by Sen. Don Harmon

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520018-185Amended CodeCitation Text
3520018-205.5New CodeSee Bill Text

Illinois State Sources


Bill Comments

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