90th General Assembly
Summary of HB1384
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House Sponsors:
PANKAU.

Senate Sponsors:
FAWELL-KARPIEL

Short description: 
PROP TX-PTEL-AGG EXT-LIBRARY                                               

Synopsis of Bill as introduced:
        Amends the Property Tax Extension Limitation Law in the  Property      
   Tax  Code.   Excludes from the definition of "aggregate extension" for      
   certain taxing districts any special purpose extension  made  for  any      
   municipality  or  township  upon  a  levy  made under Article 3 of the      
   Illinois Local Library Act.  Further provides  that  those  extensions      
   are  a separate extension subject to limitation under the Property Tax      
   Extension Limitation Law.                                                   
        HOUSE AMENDMENT NO. 1.                                                 
        Deletes everything.  Amends the Property Tax Extension Limitation      
   Law in the Property  Tax  Code.   Makes  a  technical  change  in  the      
   definition Section.                                                         
        HOUSE AMENDMENT NO. 2.                                                 
          Deletes reference to:                                                
          35 ILCS 200/18-185                                                   
          Adds reference to:                                                   
          35 ILCS 200/18-195                                                   
        Deletes everything. Amends the Property Tax Extension  Limitation      
   Law  in the Property Tax Code.  Provides that, upon written request of      
   the corporate authority of a village, the county clerk shall calculate      
   separate limiting rates for the library funds and for the aggregate of      
   the other village funds in  order  to  reduce  the  funds  as  may  be      
   required by this Law.  Effective immediately.                               
 
Last action on Bill: PUBLIC ACT.............................. 90-0339

   Last action date: 97-08-08

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   2     SENATE -   0


   END OF INQUIRY 



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