91st General Assembly
Status of SB0104
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Summary
RADOGNO.

   35 ILCS 200/18-185                                                          

        Amends the Property Tax Extension Limitation Law in the  Property      
   Tax  Code.   Provides  that  for levy years before the 1999 levy year,      
   those taxing districts that reduced their aggregate extension for  the      
   last  preceding levy year shall use the highest aggregate extension in      
   any of the last 3 preceding levy  years  for  computing  the  limiting      
   rate.    Provides  that  for the 1999 levy year and thereafter, if the      
   aggregate extension of a taxing district for a levy year is less  than      
   the amount authorized under the Law, the difference between the amount      
   levied  and the amount authorized may be added to the numerator in the      
   computation of  the  limiting  rate  for  any  succeeding  levy  year.      
   Effective January 1, 2000.                                                  
   99-01-28  S  FIRST READING                                                  
   99-01-28  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-02-03  S       ASSIGNED TO COMMITTEE               REVENUE               
   99-02-18  S                                 POSTPONED                       
   99-02-26  S                                 POSTPONED                       
   99-03-04  S       TO SUBCOMMITTEE                                           
   99-03-04  S                   COMMITTEE               REVENUE               
   99-03-20  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   01-01-09  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary