Illinois General Assembly - Bill Status for HB2975

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Bill Status of HB2975 97th General Assembly

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Short Description: PEN CD-ARTS 3/7-TAX REFERENDUM

House Sponsors
Rep. Karen May

Last Action

Date	Chamber	Action
1/8/2013	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/18-185

40 ILCS 5/3-145

from Ch. 108 1/2, par. 3-145

40 ILCS 5/7-134

from Ch. 108 1/2, par. 7-134

Synopsis As Introduced
Amends the Property Tax Extension Limitation Law of the Property Tax Code. Excludes from the definition of the term "aggregate extension" extensions made by a taxing district for contributions to a pension or retirement fund created under the Downstate Police, Downstate Fire, or IMRF Articles of the Illinois Pension Code for the first 5 taxable years after the taxing district first participates in such a system. Amends the Downstate Police and IMRF Articles of the Illinois Pension Code. Requires the referenda questions used to create a pension or retirement fund under the specified Articles to also authorize the levying of an annual tax for the purpose of participation in that fund.

Actions

Date	Chamber	Action
2/23/2011	House	Filed with the Clerk by Rep. Karen May
2/23/2011	House	First Reading
2/23/2011	House	Referred to Rules Committee
2/28/2011	House	Assigned to Personnel and Pensions Committee
3/17/2011	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	House	Session Sine Die

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