Bill Title: Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a taxing district's aggregate extension base shall be adjusted whenever an assessment increase or decrease due to the issuance of a certificate of error, a decision of the board of review, or a decision of the Property Tax Appeal Board results in the overextension or underextension of taxes for the last preceding levy year. Effective immediately.

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Failed) 2021-01-13 - Session Sine Die [SB1043 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Engrossed	2019-04-12	HTML/Text	Link	View
Introduced	2019-01-31	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 002	2019-11-06	Proposed	HTML/Text	Link	View
House Amendment 001	2019-05-03	Proposed	HTML/Text	Link	View
Senate Amendment 001	2019-03-19	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB1043 currently on file.

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