IL HB0436 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 1 2021 - 25% progression, died in committee
Action: 2022-02-18 - 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 levy year 2021 and thereafter, the limiting rate shall include 50% of the value of new property (currently, 100% of the value of new property is excluded). Effective immediately.

Tracking Information

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Title

PTELL-LIMITING RATE

Sponsors


History

DateChamberAction
2022-02-18HouseRule 19(a) / Re-referred to Rules Committee
2022-01-27HouseTo Property Tax Subcommittee
2022-01-05HouseAssigned to Revenue & Finance Committee
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-11HouseTo Property Tax Subcommittee
2021-03-02HouseAssigned to Revenue & Finance Committee
2021-02-08HouseReferred to Rules Committee
2021-02-08HouseFirst Reading
2021-02-01HouseFiled with the Clerk by Rep. Mark L. Walker

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520018-185Amended CodeCitation Text

Illinois State Sources


Bill Comments

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