Bill Title: Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, if a school district has reserves of 50% or more of its operating budget for a levy year, then, for the next levy year, for that school district, "extension limitation" means 0% or the rate of increase approved by the voters. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2019-01-08 - Session Sine Die [HB3082 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2017-02-09	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB3082

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB3082 currently on file.