91st General Assembly
Status of HB0868
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SKINNER.

   30 ILCS 350/15.01                                                           
   35 ILCS 200/18-185                                                          
   35 ILCS 200/18-192 new                                                      
   35 ILCS 200/18-212                                                          

        Amends the Local Government Debt Reform Act and the Property  Tax      
   Extension Limitation Law in the Property Tax Code.  Provides that upon      
   the  filing  of  a  petition  signed  by at least 5% of the registered      
   voters in a taxing district subject to the Law, a referendum shall  be      
   held  on  the  question  of  whether  to  continue to allow the taxing      
   district (i)  to  issue  "limited"  bonds  and  (ii)  to  exclude  the      
   extensions  made  for  the  payment  and  principal  and  interest  of      
   "limited"   bonds  and  "double-barrelled"  bonds  in  the  "aggregate      
   extension" of the taxing district.  Provides that if the referendum is      
   approved,  the taxing district may no longer issue "limited" bonds  or      
   exclude  the  special  extensions  in  that  taxing  district made for      
   payments  of  principal  and   interest   of   "limited"   bonds   and      
   "double-barrelled" bonds from the "aggregate extension".                    
   99-02-10  H  FIRST READING                                                  
   99-02-10  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-17  H       ASSIGNED TO COMMITTEE               REVENUE               
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



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