Bill Title: Amends the Property Tax Extension Limitation Law of the Property Tax Code. In the definition of "debt service extension base", provides that for certain taxing districts, the term means an extension for payment of principal and interest "on bonds that are obligations of the taxing district issued without referendum" (instead of "on bonds issued by the taxing district without referendum"). Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee [HB1287 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Jack Franks [D]	Sponsor	Sponsored Bills	HD-063	FollowTheMoney	Ballotpedia	VoteSmart

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