Bill Title: Proposes to amend the Revenue Article of the Illinois Constitution. Provides that the aggregate real property tax rate imposed on a particular property by a county or other taxing district shall not exceed one percent of the fair market value of that property, unless the voters of the taxing district approve an increase above the one percent rate by three-fifths of the registered voters in the taxing district. Makes conforming changes. Effective upon being declared adopted.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2019-02-28 - Referred to Rules Committee [HJRCA0030 Detail]

Text: Latest bill text (Introduced) [HTML]

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