IL HB2630 | 2019-2020 | 101st General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 14 2019 - 25% progression
Action: 2019-03-29 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Code. Provides that, beginning with the 2019 levy year, the Property Tax Extension Limitation Law applies to all taxing districts, including home rule units. Provides that, beginning with the 2019 levy year and until the first levy year to occur after a revenue neutral school funding formula is enacted, the extension limitation under the Property Tax Extension Limitation Law is 0% or the rate of increase approved by the voters. Preempts home rule. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Tracking Information

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Title

PROP TX-PTELL

Sponsors


History

DateChamberAction
2019-03-29HouseRule 19(a) / Re-referred to Rules Committee
2019-03-06HouseTo Property Tax Subcommittee
2019-02-26HouseAssigned to Revenue & Finance Committee
2019-02-14HouseReferred to Rules Committee
2019-02-14HouseFirst Reading
2019-02-14HouseFiled with the Clerk by Rep. Allen Skillicorn

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.43New CodeSee Bill Text
3520018-185Amended CodeCitation Text
3520018-205Amended CodeCitation Text
3520018-212Amended CodeCitation Text
3520018-213Amended CodeCitation Text
3520018-214Amended CodeCitation Text
3520018-242New CodeSee Bill Text

Illinois State Sources


Bill Comments

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