RAUSCHENBERGER. 35 ILCS 200/18-162 new Amends the Property Tax Code. Provides that if the governing authority of a taxing district determines that a surplus of funds is available for a special purpose, then the authority may abate all or part of the extension for that special purpose for the year. Provides that for the purposes of the Property Tax Extension Limitation Law, the amount of the extension abated shall continue to be included in the district's aggregate extension base. 99-02-25 S FIRST READING 99-02-25 S REFERRED TO SENATE RULES COMMITTEE RULES 99-03-03 S ASSIGNED TO COMMITTEE REVENUE 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary