House Sponsors: SKINNER. Short description: PROP TX-PTELL-BAN LIMITED BOND Synopsis of Bill as introduced: 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". Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status