IL SB2206 | 2017-2018 | 100th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 27 2017 - 25% progression
Action: 2017-04-27 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for the 2017 levy year and thereafter, for certain school districts, "extension limitation" means 0% or the rate of increase approved by the voters. Provides that all school districts in the State are subject to the Property Tax Extension Limitation Law. Provides that qualified school districts may be granted an exemption from the amendatory Act by an affirmative vote of the State Board of Education. Sets forth the qualifications for those school districts. Effective immediately.

Tracking Information

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Title

PROP TX-SCHOOL DISTRICTS

Sponsors


History

DateChamberAction
2017-04-27SenateReferred to Assignments
2017-04-27SenateFirst Reading
2017-04-27SenateFiled with Secretary by Sen. Kyle McCarter

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520018-185Amended CodeCitation Text
3520018-205Amended CodeCitation Text
3520018-214Amended CodeCitation Text

Illinois State Sources


Bill Comments

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