HB 4818

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Initial Levy

Abstract

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a municipality that has not extended property taxes for any purpose for a continuous 5-year period immediately preceding the tax year of the initial levy may establish an initial levy without resort to referendum, but not to exceed an aggregate rate of 0.25% and further subject to the Truth in Taxation Law. Effective immediately.

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Jan 08, 2019

House

Session Sine Die

Apr 18, 2018

House

Added Co-Sponsor Rep. Steven Reick

Apr 13, 2018

House

Rule 19(a) / Re-referred to Rules Committee

Apr 12, 2018

House

To Property Tax Subcommittee

Mar 21, 2018

House

Assigned to Revenue & Finance Committee

Feb 14, 2018

House

Filed with the Clerk by Rep. Al Riley

House

Referred to Rules Committee

House

First Reading

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