PROP TX-PTELL-EAV House SponsorsRep. Jack D. Franks and Stephanie A. Kifowit 12/3/2014HouseSession Sine Die 35 ILCS 200/18-18535 ILCS 200/18-205 Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for levy years 2013 and 2014, 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. 2/5/2013HouseFiled with the Clerk by Rep. Jack D. Franks 2/6/2013HouseFirst Reading 2/6/2013HouseReferred to Rules Committee 2/13/2013HouseAssigned to Revenue & Finance Committee 2/28/2013HouseAdded Co-Sponsor Rep. Stephanie A. Kifowit 3/22/2013HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die