PTELL-EXTENSION LIMITATION House SponsorsRep. Jack D. Franks-William Cunningham, Ed Sullivan, Jr., Kent Gaffney, Kenneth Dunkin, Randy Ramey, Jr., Keith Farnham, Franco Coladipietro, Fred Crespo, Jerry F. Costello, II, Michelle Mussman, Jehan A. Gordon, Dwight Kay, Michael W. Tryon and Sandy Cole 11/8/2011HouseThird Reading - Short Debate - Lost 034-073-005 35 ILCS 200/18-18535 ILCS 200/18-205 Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, if the total equalized assessed value of all taxable property in the taxing district for the current levy year (excluding new property, recovered tax increment value, and property that is annexed to or disconnected from the taxing district in the current levy year) is less than the total equalized assessed value of all taxable property in the taxing district for the previous levy year, then the extension limitation is (a) 0% or (b) the rate of increase approved by voters (instead of the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year or (b) the rate of increase approved by voters). Effective immediately.Fiscal Note (Dept. of Revenue) HB 3793 will have no fiscal impact on State revenues. The Illinois Department of Revenue has no data that would allow it to determine a fiscal impact on local taxing districts that may potentially be affected. State Mandates Fiscal Note (Dept. of Commerce & Economic Opportunity) HB 3793 does not create a State mandate.Balanced Budget Note (Office of Management and Budget) HB 3793 does not have any fiscal impact on State revenues. This legislation may result in lost revenues for local governments impacted by the Bill. Judicial Note (Admin Office of the Illinois Courts) This bill would neither increase nor decrease the number of judges needed in the State.Housing Affordability Impact Note (Housing Development Authority) The legislation potentially eliminates the property tax extension limitation if total equalized assessed valuation (EAV) of all taxable property in a taxing district for the current levy year is less than the total EAV of all taxable property in a taxing district for the previous year. Unable to determine exact dollar amount of savings due to differing equalized assessed valuations with Cook County.State Debt Impact Note (Government Forecasting & Accountability) HB 3793 would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness.Pension Note (Government Forecasting & Accountability) HB 3793 will not impact any public pension fund or retirement system in Illinois.Home Rule Note (Dept. of Commerce & Economic Opportunity) HB 3793 does not pre-empt home rule authority. Correctional Note (Dept of Corrections) There are no penalty enhancements associated with HB 3793. This bill would have no fiscal or population impact on the Department of Corrections. Land Conveyance Appraisal Note (Dept. of Transportation) No land conveyances are included in this bill, therefore, there are no appraisals to be filed. 6/22/2011HouseFiled with the Clerk by Rep. Jack D. Franks 7/19/2011HouseAdded Chief Co-Sponsor Rep. William Cunningham 7/20/2011HouseAdded Co-Sponsor Rep. Ed Sullivan, Jr. 7/20/2011HouseAdded Co-Sponsor Rep. Kent Gaffney 7/20/2011HouseAdded Co-Sponsor Rep. Lisa M. Dugan 7/20/2011HouseAdded Co-Sponsor Rep. Kenneth Dunkin 7/20/2011HouseAdded Co-Sponsor Rep. Marlow H. Colvin 7/20/2011HouseAdded Co-Sponsor Rep. Rita Mayfield 7/20/2011HouseAdded Co-Sponsor Rep. Randy Ramey, Jr. 7/20/2011HouseAdded Co-Sponsor Rep. Keith Farnham 7/20/2011HouseAdded Co-Sponsor Rep. Franco Coladipietro 7/29/2011HouseAdded Co-Sponsor Rep. Fred Crespo 8/16/2011HouseAdded Co-Sponsor Rep. Jerry F. Costello, II 8/16/2011HouseAdded Co-Sponsor Rep. Michelle Mussman 8/16/2011HouseAdded Co-Sponsor Rep. Jehan A. Gordon 8/16/2011HouseAdded Co-Sponsor Rep. Dwight Kay 8/16/2011HouseAdded Co-Sponsor Rep. Michael W. Tryon 8/16/2011HouseAdded Co-Sponsor Rep. Carol A. Sente 9/19/2011HouseRemoved Co-Sponsor Rep. Carol A. Sente 10/5/2011HouseFirst Reading 10/5/2011HouseReferred to Rules Committee 10/18/2011HouseAdded Co-Sponsor Rep. Daniel Biss 10/19/2011HouseFinal Action Deadline Extended-9(b) November 10, 2011 10/19/2011HouseAssigned to Revenue & Finance Committee 10/25/2011HouseAdded Co-Sponsor Rep. Linda Chapa LaVia 10/25/2011HouseRemoved Co-Sponsor Rep. Linda Chapa LaVia 10/25/2011HouseDo Pass / Short Debate Revenue & Finance Committee; 006-001-001 10/25/2011HousePlaced on Calendar 2nd Reading - Short Debate 10/25/2011HouseSecond Reading - Short Debate 10/25/2011HouseHeld on Calendar Order of Second Reading - Short Debate 10/26/2011HouseAdded Co-Sponsor Rep. Esther Golar 10/26/2011HouseRemoved Co-Sponsor Rep. Daniel Biss 10/26/2011HouseAdded Co-Sponsor Rep. Sandy Cole 10/26/2011HouseFiscal Note Requested by Rep. Roger L. Eddy 10/26/2011HouseState Mandates Fiscal Note Requested by Rep. Roger L. Eddy 10/26/2011HouseBalanced Budget Note Requested by Rep. Roger L. Eddy 10/27/2011HouseSecond Reading - Short Debate 10/27/2011HouseHeld on Calendar Order of Second Reading - Short Debate 10/27/2011HouseFiscal Note Filed 10/27/2011HouseState Mandates Fiscal Note Filed 10/27/2011HouseBalanced Budget Note Filed 10/27/2011HouseHome Rule Note Requested by Rep. Linda Chapa LaVia 10/27/2011HouseCorrectional Note Requested by Rep. Linda Chapa LaVia 10/27/2011HouseHousing Affordability Impact Note Requested by Rep. Linda Chapa LaVia 10/27/2011HouseJudicial Note Requested by Rep. Linda Chapa LaVia 10/27/2011HouseLand Conveyance Appraisal Note Requested by Rep. Linda Chapa LaVia 10/27/2011HousePension Note Requested by Rep. Linda Chapa LaVia 10/27/2011HouseState Debt Impact Note Requested by Rep. Linda Chapa LaVia 10/28/2011HouseJudicial Note Filed 10/28/2011HouseHousing Affordability Impact Note Filed 11/1/2011HouseState Debt Impact Note Filed 11/1/2011HouseRemoved Co-Sponsor Rep. Lisa M. Dugan 11/2/2011HouseRemoved Co-Sponsor Rep. Marlow H. Colvin 11/3/2011HousePension Note Filed 11/4/2011HouseHome Rule Note Filed 11/4/2011HouseCorrectional Note Filed 11/4/2011HouseLand Conveyance Appraisal Note Filed 11/8/2011HouseRemoved Co-Sponsor Rep. Rita Mayfield 11/8/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate 11/8/2011HouseRemoved Co-Sponsor Rep. Esther Golar 11/8/2011House3/5 Vote Required 11/8/2011HouseThird Reading - Short Debate - Lost 034-073-005