Illinois General Assembly - Bill Status for HB5552

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Bill Status of HB5552 98th General Assembly

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Short Description: PTELL-EXTENSION LIMITATION

House Sponsors
Rep. Brad E. Halbrook

Last Action

Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/18-185

35 ILCS 200/18-205

Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for tax years 2014 through 2016, 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.

Actions

Date	Chamber	Action
2/13/2014	House	Filed with the Clerk by Rep. Brad E. Halbrook
2/13/2014	House	First Reading
2/13/2014	House	Referred to Rules Committee
12/3/2014	House	Session Sine Die

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