Illinois General Assembly - Bill Status for HB1278
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 Bill Status of HB1278  100th General Assembly


Short Description:  PTELL-AGGREGATE EXTENSION

House Sponsors
Rep. Darlene J. Senger

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

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


Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for levy years 2014 and later, the taxing district's aggregate extension base is the greater of (A) the taxing district's last preceding aggregate extension limit or (B) the taxing district's last preceding aggregate extension, subject to adjustments for taxing districts in 2 or more counties, merged or consolidated taxing districts, and adjustments by a rate increase or decrease factor. Provides that the term "aggregate extension limit" means the district's last preceding aggregate extension if the taxing district had utilized the maximum limiting rate permitted without referendum.

Actions 
DateChamber Action
  2/5/2013HouseFiled with the Clerk by Rep. Darlene J. Senger
  2/5/2013HouseFirst Reading
  2/5/2013HouseReferred to Rules Committee
  2/13/2013HouseAssigned to Revenue & Finance Committee
  3/22/2013HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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