Illinois General Assembly - Bill Status for HB4241

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Bill Status of HB4241 101st General Assembly

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Short Description: PTELL-LIMITING RATE

House Sponsors
Rep. Mark L. Walker

Last Action

Date	Chamber	Action
1/13/2021	House	Session 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 year 2021 and thereafter, the limiting rate shall include 50% of the value of new property (currently, 100% of the value of new property is excluded). Effective immediately.

Actions

Date	Chamber	Action
1/23/2020	House	Filed with the Clerk by Rep. Mark L. Walker
1/27/2020	House	First Reading
1/27/2020	House	Referred to Rules Committee
3/17/2020	House	Assigned to Revenue & Finance Committee
6/23/2020	House	Rule 19(b) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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