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<xml>
<title>Illinois General Assembly - Bill Status for HB 1278         </title>
<shortdesc>PTELL-AGGREGATE EXTENSION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Darlene J. Senger</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</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 Extension Limitation Law in the Property Tax Code. Provides that, for levy years 2014 and later, the taxing district's aggregate extension base is the greater of (A) the taxing district's last preceding aggregate extension limit or (B) the taxing district's last preceding aggregate extension, subject to adjustments for taxing districts in 2 or more counties, merged or consolidated taxing districts, and adjustments by a rate increase or decrease factor. Provides that the term "aggregate extension limit" means the district's last preceding aggregate extension if the taxing district had utilized the maximum limiting rate permitted without referendum.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2013</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Darlene J. Senger</action>
<statusdate>2/5/2013</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/5/2013</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/13/2013</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/22/2013</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

