HB 5431

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Aggregate Extension

Abstract

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a taxing district shall reduce its aggregate extension base for the purpose of lowering its limiting rate for future years upon referendum approval initiated by the submission of a petition by the voters of the district. Effective immediately.

Bill Sponsors (7)

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Feb 18, 2020

House

First Reading

House

Referred to Rules Committee

Feb 14, 2020

House

Chief Co-Sponsor Rep. Deanne M. Mazzochi

House

Chief Co-Sponsor Rep. Joe Sosnowski

House

Filed with the Clerk by Rep. Mark Batinick

House

Co-Sponsor Rep. Lindsay Parkhurst

House

Co-Sponsor Rep. Tom Weber

House

Chief Co-Sponsor Rep. Amy Grant

House

Chief Co-Sponsor Rep. Grant Wehrli

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