IL HB3841

Suspends the debt service extension base for park districts for the 2026 levy year only

Amends Section 18-185 of the Property Tax Code, which is part of the Property Tax Extension Limitation Law (PTELL)

The debt service extension base typically limits how much a taxing district can levy for non-referendum bond debt service without voter approval

Suspension would allow park districts to levy property taxes for debt service outside the normal PTELL cap for one year

Introduced by Rep. Harry Benton in the 104th General Assembly (2025-2026 session)