IL HB3131 | 2015-2016 | 99th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 25 2015 - 25% progression, died in committee
Action: 2015-03-27 - 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 if in any levy year (1) the tax rate for the sum of all of the funds that are included in a taxing district's aggregate levy exceeds the district's tax rate for those funds in the previous levy year, and (2) the district is not otherwise required to hold a Truth in Taxation hearing, then the corporate authorities of the taxing district must approve, by ordinance or resolution, the total tax rate and hold a public hearing. Contains provisions concerning notice. Effective immediately.

Tracking Information

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Title

PROP TX-INCREASED RATE

Sponsors


History

DateChamberAction
2015-03-27HouseRule 19(a) / Re-referred to Rules Committee
2015-03-13HouseTo Property Tax Subcommittee
2015-03-10HouseAssigned to Revenue & Finance Committee
2015-02-25HouseReferred to Rules Committee
2015-02-25HouseFirst Reading
2015-02-25HouseFiled with the Clerk by Rep. Jack D. Franks

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520018-65Amended CodeCitation Text
3520018-71New CodeSee Bill Text
3520018-80Amended CodeCitation Text
3520018-90Amended CodeCitation Text

Illinois State Sources


Bill Comments

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