PROP TX-LIBRARY LEVIES House SponsorsRep. William Davis-Roger L. Eddy-Deborah L. Graham-David E. Miller, Al Riley, Karen A. Yarbrough and Kevin Joyce 1/13/2009HouseSession Sine Die 35 ILCS 200/18-196 new Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the extensions of certain library taxes are not limited under certain provisions of the Property Tax Extension Limitation Law to the extent that the limitation would cause the actual levied rate of the tax to fall below the minimum library rate. Defines "actual levied rate" as the rate calculated by dividing: (i) the amount that would be extended if the limitations applied; by (ii) the value of all the taxable property in the taxing district. Defines "minimum library rate" as (i) the rate set forth by the governing body of the taxing district if that rate is 0.15% or less; or (ii) 90% of the rate set forth by the governing body of the taxing district if that rate exceeds 0.15% and was approved by the voters of the taxing district. Effective immediately. 2/6/2007HouseFiled with the Clerk by Rep. William Davis 2/6/2007HouseFirst Reading 2/6/2007HouseReferred to Rules Committee 2/7/2007HouseAdded Chief Co-Sponsor Rep. Roger L. Eddy 2/7/2007HouseAdded Chief Co-Sponsor Rep. Deborah L. Graham 2/8/2007HouseAssigned to Revenue Committee 2/21/2007HouseAdded Co-Sponsor Rep. Al Riley 3/6/2007HouseAdded Co-Sponsor Rep. Karen A. Yarbrough 3/13/2007HouseAdded Co-Sponsor Rep. Kevin Joyce 3/21/2007HouseAdded Chief Co-Sponsor Rep. David E. Miller 3/23/2007HouseRule 19(a) / Re-referred to Rules Committee 1/13/2009HouseSession Sine Die