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 Bill Status of HB3082  100th General Assembly


Short Description:  PTELL-RESERVES

House Sponsors
Rep. Fred Crespo

Last Action
DateChamber Action
  5/31/2017HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 200/18-185
35 ILCS 200/18-205
30 ILCS 805/8.41 new


Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/9/2017HouseFiled with the Clerk by Rep. Fred Crespo
  2/9/2017HouseFirst Reading
  2/9/2017HouseReferred to Rules Committee
  2/22/2017HouseAssigned to Revenue & Finance Committee
  3/9/2017HouseTo Property Tax Subcommittee
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee
  5/18/2017HouseAssigned to Revenue & Finance Committee
  5/18/2017HouseTo Property Tax Subcommittee
  5/18/2017HouseFinal Action Deadline Extended-9(b) May 26, 2017
  5/26/2017HouseFinal Action Deadline Extended-9(b) May 31, 2017
  5/31/2017HouseRule 19(a) / Re-referred to Rules Committee

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