IL HB3082 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, if a school district has reserves of 50% or more of its operating budget for a levy year, then, for the next levy year, for that school district, "extension limitation" means 0% or the rate of increase approved by the voters. Effective immediately.

Tracking Information

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Title

PTELL-RESERVES

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2017-05-31HouseRule 19(a) / Re-referred to Rules Committee
2017-05-26HouseFinal Action Deadline Extended-9(b) May 31, 2017
2017-05-18HouseFinal Action Deadline Extended-9(b) May 26, 2017
2017-05-18HouseTo Property Tax Subcommittee
2017-05-18HouseAssigned to Revenue & Finance Committee
2017-03-31HouseRule 19(a) / Re-referred to Rules Committee
2017-03-09HouseTo Property Tax Subcommittee
2017-02-22HouseAssigned to Revenue & Finance Committee
2017-02-09HouseReferred to Rules Committee
2017-02-09HouseFirst Reading
2017-02-09HouseFiled with the Clerk by Rep. Fred Crespo

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.41New CodeSee Bill Text
3520018-185Amended CodeCitation Text
3520018-205Amended CodeCitation Text

Illinois State Sources


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