HB2670 Summary

• Amends the Property Tax Extension Limitation Law to exclude levies by fire protection districts for insurance expenses from the definition of "aggregate extension".

• Expands the exclusion for fire protection district special purpose extensions for firefighter pension fund contributions to apply to all such extensions, rather than only those certified under the Illinois Pension Code.

• Makes these insurance and pension fund exclusions apply uniformly across all categories of taxing districts subject to the Property Tax Extension Limitation Law (those affected before 1995, after 1995, and those subject by referendum).