Bill Title: Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the debt service extension base must be increased each year by the percentage increase, for the previous calendar year, of the Consumer Price Index. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Passed) 2009-08-14 - Public Act . . . . . . . . . 96-0501 [HB0242 Detail]

Text: Latest bill text (Enrolled) [HTML]

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