Illinois General Assembly - Bill Status for HB4515

Home

Legislation & Laws

Senate

House

My Legislation

Site Map

Previous General Assemblies

Bill Status of HB4515 98th General Assembly

Full Text Votes Witness Slips View All Actions Printer-Friendly Version

Short Description: PTELL-EXTENSION BASE

House Sponsors
Rep. Emily McAsey

Last Action

Date	Chamber	Action
12/3/2014	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 2015 and later, the taxing district's aggregate extension base is the greater of (A) the taxing district's last preceding aggregate extension limit or (B) the taxing district's last preceding aggregate extension, subject to adjustments for taxing districts in 2 or more counties, merged or consolidated taxing districts, and adjustments by a rate increase or decrease factor. 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.

Actions

Date	Chamber	Action
1/31/2014	House	Filed with the Clerk by Rep. Emily McAsey
2/3/2014	House	First Reading
2/3/2014	House	Referred to Rules Committee
2/11/2014	House	Assigned to Revenue & Finance Committee
2/20/2014	House	To Property Tax Subcommittee
3/28/2014	House	Rule 19(a) / Re-referred to Rules Committee
12/3/2014	House	Session Sine Die

×