Illinois House Bill 1341 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Property Tax Code. Defines "debt service extension base" for school districts (i) that were first subject to the Code in 1991 or 1995 and whose extension for the 1994 levy year for the payment of principal and interest on bonds issued by the school district without referendum (but not including excluded non-referendum bonds) was less than 51% of the amount for the 1991 levy year constituting an extension for payment of principal and interest on bonds issued by the school district without referendum (but not including excluded non-referendum bonds) or (ii) that were first subject to the Code in 1991 or 1995 and had no extensions for either the 1994 or the 1991 levy year for the payment of principal and interest on non-referendum bonds (other than excluded non-referendum bonds). Effective immediately.

PROP TAX-DEBT SERVICE EXT BASE

Rep. JoAnn Osmond [R]

Date	Chamber	Action
2013-01-08	House	Session Sine Die
2011-03-17	House	Rule 19(a) / Re-referred to Rules Committee
2011-02-14	House	Assigned to Revenue & Finance Committee
2011-02-09	House	Referred to Rules Committee
2011-02-09	House	First Reading
2011-02-09	House	Filed with the Clerk by Rep. JoAnn D. Osmond

Chapter	Article	Section	Citation Type	Statute Text
35	200	18-185	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1341&GAID=11&DocTypeID=HB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/HB/09700HB1341.htm