Illinois General Assembly - Bill Status for HB5577

Synopsis As Introduced
Amends the School Code. Provides that in the immediate 2 consecutive tax years (rather than in the tax year) following receipt of a Property Tax Pool Relief Grant, the aggregate extension base (rather than the aggregate levy) of any school district receiving a grant, for purposes of the Property Tax Extension Limitation Law, shall include the tax relief the school district provided in the previous taxable year. Effective July 1, 2020.

Actions

Date	Chamber	Action
2/14/2020	House	Filed with the Clerk by Rep. William Davis
2/18/2020	House	First Reading
2/18/2020	House	Referred to Rules Committee
3/12/2020	House	Assigned to Appropriations-Elementary & Secondary Education Committee
6/23/2020	House	Rule 19(b) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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