Bill Title: Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the extension limitation is 3.5% (currently, 5%) or the percentage increase in the Consumer Price Index. Provides that the Property Tax Extension Limitation Law applies to all taxing districts, including home rule units.

Spectrum: Partisan Bill (Republican 5-0)

Status: (Introduced - Dead) 2020-02-18 - Referred to Rules Committee [HB5427 Detail]

Text: Latest bill text (Introduced) [HTML]

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