Bill Status of HB 2502   96th General Assembly


Short Description:  PTELL-EXTENSION LIMITATION

House Sponsors
Rep. Arthur L. Turner-Eddie Washington, Frank J. Mautino, Linda Chapa LaVia, Roger L. Eddy and William Davis

Last Action  View All Actions

DateChamber Action
  1/11/2011HouseSession 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 the extension limitation may not be less than 2%. Effective immediately.

 State Debt Impact Note (Government Forecasting & Accountability)
 HB 2502 would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness.

 Pension Note (Government Forecasting & Accountability)
 HB 2502 will not affect any public pension fund or retirement system in Illinois.

 Housing Affordability Impact Note (Housing Development Authority)
 This legislation essentially sets the extension limitation to a minimum of 2%. This would increase the cost of owning a home, should an extension be enacted. However, there is insufficient information to determine a dollar amount due to the variety of taxing districts, and rates, that currently exist.

 Fiscal Note (Dept. of Revenue)
 HB 2502 will have no fiscal impact on State revenues.

 Judicial Note (Admin Office of the Illinois Courts)
 Based on a review of HB 2502, it is possible that the bill could result in additional litigation thereby impacting the workload of judicial officers in the State. However, it is not possible to determine the extent of this impact.

 Correctional Note (Dept of Corrections)
 This legislation has no fiscal or population impact on the Department of Corrections.

 Balanced Budget Note (Office of Management and Budget)
 HB 2502 adds no additional spending pressure to the General Revenue Fund or to the current Fiscal Year 2009 budget deficit. The fiscal impact associated with HB 2502, as presented, will affect governments at the local level.

 Home Rule Note (Dept. of Commerce & Economic Opportunity)
 This bill does not pre-empt home rule authority.

 State Mandates Fiscal Note (Dept. of Commerce & Economic Opportunity)
 This bill does not create a State mandate under the State Mandates Act.

Actions 
DateChamber Action
  2/19/2009HouseFiled with the Clerk by Rep. Arthur L. Turner
  2/20/2009HouseAdded Co-Sponsor Rep. Frank J. Mautino
  2/20/2009HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
  2/20/2009HouseAdded Co-Sponsor Rep. Roger L. Eddy
  2/20/2009HouseFirst Reading
  2/20/2009HouseReferred to Rules Committee
  2/24/2009HouseAdded Co-Sponsor Rep. William Davis
  2/25/2009HouseAssigned to Revenue & Finance Committee
  3/12/2009HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 002-001-000
  3/12/2009HouseRemains in Revenue & Finance Committee
  3/12/2009HouseDo Pass / Short Debate Revenue & Finance Committee; 010-002-000
  3/12/2009HousePlaced on Calendar 2nd Reading - Short Debate
  3/16/2009HouseState Debt Impact Note Filed
  3/16/2009HousePension Note Filed
  3/17/2009HouseHousing Affordability Impact Note Filed
  3/17/2009HouseFiscal Note Filed
  3/18/2009HouseJudicial Note Filed
  3/18/2009HouseCorrectional Note Filed
  3/19/2009HouseBalanced Budget Note Filed
  3/24/2009HouseHome Rule Note Filed
  3/24/2009HouseState Mandates Fiscal Note Filed
  3/31/2009HouseSecond Reading - Short Debate
  3/31/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/1/2009HouseAdded Chief Co-Sponsor Rep. Eddie Washington
  4/3/2009HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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