Bill Title: Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for tax years 2014 through 2016, the extension limitation is (a) 0% or (b) the rate of increase approved by voters (instead of the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year or (b) the rate of increase approved by voters). Effective immediately.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2014-12-03 - Session Sine Die [HB5552 Detail]

Text: Latest bill text (Introduced) [HTML]

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