Date	Chamber	Action
1/10/2023	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/18-185

35 ILCS 200/18-205

35 ILCS 200/18-207 new

35 ILCS 200/18-212

Synopsis As Introduced
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. Provides that the extension limitation shall be: (a) the lesser of 5% or the average percentage increase in the Consumer Price Index for the 10 years immediately preceding the levy year for which the extension limitation is being calculated; or (b) the rate of increase approved by the voters. Effective immediately.

Actions 

Date	Chamber	Action
2/9/2022	Senate	Filed with Secretary by Sen. Dan McConchie
2/9/2022	Senate	First Reading
2/9/2022	Senate	Referred to Assignments
2/9/2022	Senate	Chief Sponsor Changed to Sen. Dan McConchie
2/10/2022	Senate	Added as Chief Co-Sponsor Sen. Jil Tracy
2/10/2022	Senate	Added as Co-Sponsor Sen. Terri Bryant
2/10/2022	Senate	Added as Co-Sponsor Sen. Craig Wilcox
2/10/2022	Senate	Added as Co-Sponsor Sen. Darren Bailey
2/10/2022	Senate	Added as Chief Co-Sponsor Sen. Brian W. Stewart
2/10/2022	Senate	Added as Co-Sponsor Sen. Sally J. Turner
2/15/2022	Senate	Added as Co-Sponsor Sen. Sue Rezin
2/28/2022	Senate	Added as Co-Sponsor Sen. Donald P. DeWitte
3/1/2022	Senate	Added as Co-Sponsor Sen. Jason A. Barickman
3/1/2022	Senate	Added as Co-Sponsor Sen. Win Stoller
3/1/2022	Senate	Added as Co-Sponsor Sen. Steve McClure
3/1/2022	Senate	Added as Co-Sponsor Sen. Dave Syverson
3/8/2022	Senate	Added as Co-Sponsor Sen. Jason Plummer
3/9/2022	Senate	Added as Co-Sponsor Sen. Dale Fowler
1/10/2023	Senate	Session Sine Die

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