CAPPARELLI-MCAULIFFE-BUGIELSKI-LYONS,JOSEPH. ILCON Art. IX, Sec. 4.5 new Proposes to amend the Revenue Article of the Illinois Constitution. Provides that property taxes and any other taxes or user fees shall be levied at an amount no higher than that levy in effect on the effective date of this Constitutional Amendment or at the levy in effect in 1990, whichever is less, excluding certain taxes or fees for bonded indebtedness incurred before the effective date of this Constitutional Amendment. Provides that, as of the effective date of this Constitutional Amendment, there shall be no more reassessments that would increase the assessed value or equalization of property. Provides that voters of a unit of local government or school district may initiate referenda to lower the levy, taxes, or fees imposed by that unit of local government or school district. Provides that an ordinance that would increase the revenue of a unit of local government or school district may become law only with approval at referendum of at least two-thirds of the voters. Provides that a bill that would increase the revenue of the State may become law only with approval at a statewide referendum of at least two-thirds of the voters. Effective upon approval by the electors. 97-01-29 H READ IN FULL A FIRST TIME 97-01-29 H ADDED AS A JOINT SPONSOR MCAULIFFE 97-01-29 H ADDED AS A CO-SPONSOR BUGIELSKI 97-01-29 H ADDED AS A CO-SPONSOR LYONS,JOSEPH 97-01-29 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-26 H ASSIGNED TO COMMITTEE REVENUE 97-07-02 H RE-REFERRED TO RULES COMM/RULE 19(B) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary