Bill Status of HB5431 101st General Assembly
Short Description: PROP TX-AGGREGATE EXTENSION
Rep. Mark Batinick - Grant Wehrli - Deanne M. Mazzochi - Joe Sosnowski - Amy Grant, Lindsay Parkhurst and Tom Weber
| 1/13/2021||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a taxing district shall reduce its aggregate extension base for the purpose of lowering its limiting rate for future years upon referendum approval initiated by the submission of a petition by the voters of the district. Effective immediately.