IL SB3204 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2022 - 25% progression, died in committee
Action: 2022-01-14 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 14 2022 - 25% progression, died in committee
Action: 2022-01-14 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. Repeals provisions concerning levy adjustments for certificates of error, court orders, and final administrative decisions of the Property Tax Appeal Board. Provides that a taxing district may adopt a levy to recapture revenue lost due to refunds issued pursuant to a decision of the Property Tax Appeal Board, an assessment or exemption decision of the Department of Revenue, a court order, or an administrative decision of a local assessment official. Provides that those recapture levies are not included in the taxing district's aggregate extension base under the Property Tax Extension Limitation Law. Amends the School Code to make conforming changes. Effective immediately.
Title
PROP TX-RECAPTURE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-14 | Senate | Referred to Assignments |
| 2022-01-14 | Senate | First Reading |
| 2022-01-14 | Senate | Filed with Secretary by Sen. Terri Bryant |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 105 | 5 | 2-3.33 | Amended Code | Citation Text |
| 35 | 200 | 18-185 | Amended Code | Citation Text |
| 35 | 200 | 18-233 | Repealed Code | Citation Text |
| 35 | 200 | 18-53 | New Code | See Bill Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3204&GAID=16&DocTypeID=SB&SessionID=110&GA=102 |
| Text | https://www.ilga.gov/legislation/102/SB/10200SB3204.htm |
