IL HB4818 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
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 a municipality that has not extended property taxes for any purpose for a continuous 5-year period immediately preceding the tax year of the initial levy may establish an initial levy without resort to referendum, but not to exceed an aggregate rate of 0.25% and further subject to the Truth in Taxation Law. Effective immediately.

Tracking Information

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Title

PROP TX-INITIAL LEVY

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2018-04-18HouseAdded Co-Sponsor Rep. Steven Reick
2018-04-13HouseRule 19(a) / Re-referred to Rules Committee
2018-04-12HouseTo Property Tax Subcommittee
2018-03-21HouseAssigned to Revenue & Finance Committee
2018-02-14HouseReferred to Rules Committee
2018-02-14HouseFirst Reading
2018-02-14HouseFiled with the Clerk by Rep. Al Riley

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520018-210Amended CodeCitation Text

Illinois State Sources


Bill Comments

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