Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/18-196 new

Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the extensions of certain library taxes are not limited under certain provisions of the Property Tax Extension Limitation Law to the extent that the limitation would cause the actual levied rate of the tax to fall below the minimum library rate. Defines "actual levied rate" as the rate calculated by dividing: (i) the amount that would be extended if the limitations applied; by (ii) the value of all the taxable property in the taxing district. Defines "minimum library rate" as (i) the rate set forth by the governing body of the taxing district if that rate is 0.15% or less; or (ii) 90% of the rate set forth by the governing body of the taxing district if that rate exceeds 0.15% and was approved by the voters of the taxing district. Effective immediately.

Actions 

Date	Chamber	Action
2/6/2007	House	Filed with the Clerk by Rep. William Davis
2/6/2007	House	First Reading
2/6/2007	House	Referred to Rules Committee
2/7/2007	House	Added Chief Co-Sponsor Rep. Roger L. Eddy
2/7/2007	House	Added Chief Co-Sponsor Rep. Deborah L. Graham
2/8/2007	House	Assigned to Revenue Committee
2/21/2007	House	Added Co-Sponsor Rep. Al Riley
3/6/2007	House	Added Co-Sponsor Rep. Karen A. Yarbrough
3/13/2007	House	Added Co-Sponsor Rep. Kevin Joyce
3/21/2007	House	Added Chief Co-Sponsor Rep. David E. Miller
3/23/2007	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2009	House	Session Sine Die

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