Illinois General Assembly - Bill Status for HB0821

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Bill Status of HB0821 101st General Assembly

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Short Description: PTELL-SCHOOL DISTRICTS

House Sponsors
Rep. Margo McDermed

Last Action

Date	Chamber	Action
1/13/2021	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/18-185

Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for levy years 2019 and later, for school districts, the "aggregate extension base" is the greater of (A) the district's last preceding aggregate extension limit or (B) the district's last preceding aggregate extension, subject to certain adjustments. Provides that the term "aggregate extension limit" means the district's last preceding aggregate extension if the taxing district had utilized the maximum limiting rate permitted without referendum for each of the 3 immediately preceding levy years. Effective immediately.

Actions

Date	Chamber	Action
1/22/2019	House	Filed with the Clerk by Rep. Margo McDermed
1/22/2019	House	First Reading
1/22/2019	House	Referred to Rules Committee
2/5/2019	House	Assigned to Revenue & Finance Committee
2/14/2019	House	To Property Tax Subcommittee
3/29/2019	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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