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IL HB3176

Bill

Status

Introduced

2/18/2021

Primary Sponsor

Sam Yingling

Click for details

Origin

House of Representatives

102nd General Assembly

AI Summary

  • Applies the Property Tax Extension Limitation Law to all non-home rule taxing districts for 2022 and 2023 levy years, regardless of geographic location.

  • 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).

  • Prohibits establishment or increase of debt service extension bases during 2022 and 2023 levy years.

  • Prohibits referenda on removal of the law's applicability for 2022 and 2023 levy years.

  • 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