HB 5552 Illinois House · 98th Regular Session

PTELL-EXTENSION LIMITATION

Summary
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for tax years 2014 through 2016, the extension limitation is (a) 0% or (b) the rate of increase approved by voters (instead of the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year or (b) the rate of increase approved by voters). Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2014
Committee Review
Floor Vote
Governor
Introduced Feb 13, 2014 Last action Dec 3, 2014
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Full legislative history

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Total actions
4
Key actions
0
Committee
1
Feb 13, 2014
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

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