IL HB1360 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 3-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 3-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the limiting rate shall be calculated using the highest aggregate extension from any year in which the taxing district was subject to the Property Tax Extension Limitation Law (currently, the last 3 preceding levy years). Provides that an aggregate extension established for a levy year in which the taxing district was authorized to temporarily increase its limiting rate or its extension limitation may not be used.
Title
PROP TX-AGGREGATE EXTENSION
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-01-07 | House | Session Sine Die |
2024-02-08 | House | Added Co-Sponsor Rep. Michael J. Coffey, Jr. |
2023-03-10 | House | Rule 19(a) / Re-referred to Rules Committee |
2023-02-23 | House | To Revenue - Property Tax Subcommittee |
2023-02-15 | House | Assigned to Revenue & Finance Committee |
2023-02-01 | House | Added Co-Sponsor Rep. David Friess |
2023-01-31 | House | Referred to Rules Committee |
2023-01-31 | House | First Reading |
2023-01-23 | House | Filed with the Clerk by Rep. Martin McLaughlin |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 200 | 18-185 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1360&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
Text | https://www.ilga.gov/legislation/103/HB/10300HB1360.htm |