Illinois General Assembly - Bill Status for HB5425
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 Bill Status of HB5425  101st General Assembly


Short Description:  PROP TX-AGGREGATE EXTENSION

House Sponsors
Rep. Grant Wehrli - Deanne M. Mazzochi - Joe Sosnowski - Amy Grant, Lindsay Parkhurst and Tom Weber

Last Action
DateChamber Action
  1/13/2021HouseSession 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 limiting rate shall be calculated using the highest aggregate extension from any year in which the taxing district was subject to the Property Tax Extension Limitation Law (currently, the last 3 preceding levy years). Provides that an aggregate extension established for a levy year in which the taxing district was authorized to temporarily increase its limiting rate or its extension limitation may not be used.

Actions 
DateChamber Action
  2/14/2020HouseFiled with the Clerk by Rep. Grant Wehrli
  2/14/2020HouseChief Co-Sponsor Rep. Deanne M. Mazzochi
  2/14/2020HouseChief Co-Sponsor Rep. Joe Sosnowski
  2/14/2020HouseChief Co-Sponsor Rep. Amy Grant
  2/14/2020HouseCo-Sponsor Rep. Lindsay Parkhurst
  2/14/2020HouseCo-Sponsor Rep. Tom Weber
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  1/13/2021HouseSession Sine Die

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