IL HB0177 | 2015-2016 | 99th General Assembly

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 14 2015 - 25% progression, died in committee
Action: 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

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.

Tracking Information

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Title

PTELL-EXTENSION LIMITATION

Sponsors


History

DateChamberAction
2015-03-27HouseRule 19(a) / Re-referred to Rules Committee
2015-02-20HouseTo Property Tax Subcommittee
2015-02-06HouseAdded Chief Co-Sponsor Rep. Dwight Kay
2015-02-03HouseAssigned to Revenue & Finance Committee
2015-01-27HouseAdded Chief Co-Sponsor Rep. Jack D. Franks
2015-01-14HouseReferred to Rules Committee
2015-01-14HouseFirst Reading
2015-01-14HouseFiled with the Clerk by Rep. David McSweeney

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520018-185Amended CodeCitation Text
3520018-205Amended CodeCitation Text

Illinois State Sources


Bill Comments

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