<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3273   </title>
<shortdesc>PROP TAX-LIMITATION-2% FLOOR</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Sandra M. Pihos</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/18-185</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that, except for those extension increases approved by voters, "extension limitation" means the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year, but, for taxable years 2003 and thereafter, no less than 2% (now, no floor).</SynopsisText></synopsis>
<actions>
<statusdate>2/27/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Sandra M. Pihos</action>
<statusdate>2/27/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/27/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2003</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

