Bill Title: Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the limiting rate shall be calculated using the highest aggregate extension from any year in which the taxing district was subject to the Property Tax Extension Limitation Law (currently, the last 3 preceding levy years). Provides that an aggregate extension established for a levy year in which the taxing district was authorized to temporarily increase its limiting rate or its extension limitation may not be used.

Sponsorship: Partisan Bill (Republican 2)

Status: (Introduced - Dead) 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB3604 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2021-02-19	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB3604

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB3604 currently on file.