Illinois House Bill 4263 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on July 29 2015 - 25% progression, died in committee
Action: 2016-04-08 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Property Tax Code. Provides that, for the 2016 and 2017 levy years, the Property Tax Extension Limitation Law applies to all taxing districts, including home rule units and school districts. Provides that, for the 2016 and 2017 levy years, 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. Amends the School Code. Creates a General State Aid Committee to propose a revised school funding formula for Illinois schools. Effective immediately.

PTELL-SCHOOL FUNDING

Rep. Jack Franks [D]

Date	Chamber	Action
2016-04-08	House	Rule 19(a) / Re-referred to Rules Committee
2016-02-24	House	To Property Tax Subcommittee
2016-02-04	House	Assigned to Revenue & Finance Committee
2015-08-05	House	Referred to Rules Committee
2015-08-05	House	First Reading
2015-07-29	House	Filed with the Clerk by Rep. Jack D. Franks

Chapter	Article	Section	Citation Type	Statute Text
105	5	18-21	New Code	See Bill Text
30	805	8.39	New Code	See Bill Text
35	200	18-185	Amended Code	Citation Text
35	200	18-205	Amended Code	Citation Text
35	200	18-213	Amended Code	Citation Text
35	200	18-214	Amended Code	Citation Text
35	200	18-242	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4263&GAID=13&DocTypeID=HB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/HB/09900HB4263.htm