TRUTH IN TAXATION-NOTICE House SponsorsRep. Robert W. Pritchard-Rich Brauer, Linda Chapa LaVia, Roger L. Eddy, Frank J. Mautino and Sandy Cole Senate Sponsors(Sen. Gary Forby-J. Bradley Burzynski) 8/14/2009HousePublic Act . . . . . . . . . 96-0504 35 ILCS 200/18-85 Amends the Property Tax Code. With respect to Truth in Taxation provisions and the notice that must be published if an adopted levy exceeds a proposed levy, authorizes the following statement to be included in the notice at the discretion of the taxing district: "The taxing district has estimated its equalized assessed valuation to secure new growth revenue and must adhere to the Property Tax Extension Limitation Law (PTELL or "tax cap" law). PTELL limits the increase over the prior year in the property tax extension of this taxing district to the lesser of 5% or the percentage increase in the Consumer Price Index (CPI), which is (insert applicable CPI percentage increase)." Effective immediately. 2/4/2009HouseFiled with the Clerk by Rep. Robert W. Pritchard 2/4/2009HouseFirst Reading 2/4/2009HouseReferred to Rules Committee 2/9/2009HouseAssigned to Revenue & Finance Committee 2/25/2009HouseAdded Chief Co-Sponsor Rep. Rich Brauer 2/26/2009HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000 2/26/2009HouseRemains in Revenue & Finance Committee 2/26/2009HouseAdded Co-Sponsor Rep. Linda Chapa LaVia 2/26/2009HouseAdded Co-Sponsor Rep. Roger L. Eddy 2/26/2009HouseAdded Co-Sponsor Rep. Frank J. Mautino 3/12/2009HouseDo Pass / Short Debate Revenue & Finance Committee; 013-000-000 3/12/2009HousePlaced on Calendar 2nd Reading - Short Debate 3/23/2009HouseSecond Reading - Short Debate 3/23/2009HouseHeld on Calendar Order of Second Reading - Short Debate 3/24/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/24/2009HouseAdded Co-Sponsor Rep. Sandy Cole 3/24/2009HouseThird Reading - Short Debate - Passed 114-000-000 3/25/2009SenateArrive in Senate 3/25/2009SenatePlaced on Calendar Order of First Reading March 26, 2009 3/27/2009SenateChief Senate Sponsor Sen. John J. Cullerton 3/27/2009SenateAdded as Alternate Chief Co-Sponsor Sen. Don Harmon 3/30/2009SenateFirst Reading 3/30/2009SenateReferred to Assignments 3/31/2009SenateAdded as Alternate Co-Sponsor Sen. Gary Forby 3/31/2009SenateSponsor Removed Sen. Gary Forby 4/15/2009SenateAssigned to Revenue 4/21/2009SenateAlternate Chief Sponsor Changed to Sen. Gary Forby 4/23/2009SenateDo Pass Revenue; 006-000-000 4/23/2009SenatePlaced on Calendar Order of 2nd Reading April 28, 2009 4/23/2009SenateAdded as Alternate Chief Co-Sponsor Sen. J. Bradley Burzynski 5/7/2009SenateSecond Reading 5/7/2009SenatePlaced on Calendar Order of 3rd Reading ** May 18, 2009 5/12/2009SenateSponsor Removed Sen. Don Harmon 5/19/2009SenateThird Reading - Passed; 058-000-000 5/19/2009HousePassed Both Houses 6/17/2009HouseSent to the Governor 8/14/2009HouseGovernor Approved 8/14/2009HouseEffective Date August 14, 2009 8/14/2009HousePublic Act . . . . . . . . . 96-0504