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IL HB3176
Bill
Status
Introduced
2/18/2021
Primary Sponsor
Sam Yingling
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AI Summary
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Applies the Property Tax Extension Limitation Law to all non-home rule taxing districts for 2022 and 2023 levy years, regardless of geographic location.
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Sets the extension limitation to 0% or voter-approved rate for 2022 and 2023 levy years (instead of the normal lesser of 5% or Consumer Price Index increase).
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Prohibits establishment or increase of debt service extension bases during 2022 and 2023 levy years.
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Prohibits referenda on removal of the law's applicability for 2022 and 2023 levy years.
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Requires implementation without state reimbursement under the State Mandates Act, effective immediately.
Legislative Description
PTELL-EXTENSION LIMITATION
Last Action
Rule 19(a) / Re-referred to Rules Committee
2/18/2022
Committee Referrals
Rules2/18/2022
Property Tax2/15/2022
Revenue & Finance2/9/2022
Rules3/27/2021
Revenue & Finance3/16/2021
Rules2/19/2021
Full Bill Text
No bill text available