Bill Sponsors: IL HB0177 | 2015-2016 | 99th General Assembly

Bill Title: Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for tax years 2015 through 2017, the extension limitation is (a) 0% or (b) the rate of increase approved by voters (instead of the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year or (b) the rate of increase approved by voters). Effective immediately.

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Introduced - Dead) 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB0177 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative David McSweeney [R]PrimarySponsored BillsHD-052FollowTheMoneyBallotpediaVoteSmart
Representative Jack Franks [D]CosponsorSponsored BillsHD-063FollowTheMoneyBallotpediaVoteSmart
Representative Dwight Kay [R]CosponsorSponsored BillsHD-112FollowTheMoneyBallotpediaVoteSmart

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