Illinois General Assembly - Bill Status for HB3273
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 Bill Status of HB3273  93rd General Assembly

Short Description:  PROP TAX-LIMITATION-2% FLOOR

House Sponsors
Rep. Sandra M. Pihos

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/18-185


Synopsis As Introduced
Amends the Property Tax Code. Provides that, except for those extension increases approved by voters, "extension limitation" means the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year, but, for taxable years 2003 and thereafter, no less than 2% (now, no floor).

Actions 
DateChamber Action
  2/27/2003HouseFiled with the Clerk by Rep. Sandra M. Pihos
  2/27/2003HouseFirst Reading
  2/27/2003HouseReferred to Rules Committee
  2/28/2003HouseAssigned to Revenue Committee
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005HouseSession Sine Die

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