Karen May
- Democratic
Primary
Amends the Property Tax Extension Limitation Law of the Property Tax Code. Excludes from the definition of the term "aggregate extension" extensions made by a taxing district for contributions to a pension or retirement fund created under the Downstate Police, Downstate Fire, or IMRF Articles of the Illinois Pension Code for the first 5 taxable years after the taxing district first participates in such a system. Amends the Downstate Police and IMRF Articles of the Illinois Pension Code. Requires the referenda questions used to create a pension or retirement fund under the specified Articles to also authorize the levying of an annual tax for the purpose of participation in that fund.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Assigned to Personnel and Pensions Committee
Filed with the Clerk by Rep. Karen May
First Reading
Referred to Rules Committee
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