Illinois General Assembly - Bill Status for HB4263
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 Bill Status of HB4263  9th General Assembly


Short Description:  PTELL-SCHOOL FUNDING

House Sponsors
Rep. Jack D. Franks

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/18-185
35 ILCS 200/18-205
35 ILCS 200/18-213
35 ILCS 200/18-214
35 ILCS 200/18-242 new
105 ILCS 5/18-21 new
30 ILCS 805/8.39 new


Synopsis As Introduced
Amends the Property Tax Code. Provides that, for the 2016 and 2017 levy years, the Property Tax Extension Limitation Law applies to all taxing districts, including home rule units and school districts. Provides that, for the 2016 and 2017 levy years, the extension limitation under the Property Tax Extension Limitation Law is 0% or the rate of increase approved by the voters. Preempts home rule. Amends the State Mandates Act to require implementation without reimbursement. Amends the School Code. Creates a General State Aid Committee to propose a revised school funding formula for Illinois schools. Effective immediately.

Actions 
DateChamber Action
  7/29/2015HouseFiled with the Clerk by Rep. Jack D. Franks
  8/5/2015HouseFirst Reading
  8/5/2015HouseReferred to Rules Committee
  2/4/2016HouseAssigned to Revenue & Finance Committee
  2/24/2016HouseTo Property Tax Subcommittee
  4/8/2016HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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