Date	Chamber	Action
1/8/2013	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/18-185

35 ILCS 200/18-213

Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Changes the definition of "debt service extension base" to include extensions for principal and interest payments on bonds issued by individual taxing districts that merged or consolidated to form a taxing district. Makes changes concerning the applicability of the Law to merged or consolidated districts and to districts with boundary changes. Provides that the Law applies to those districts if (i) the majority of the taxing district's equalized assessed valuation as of the effective date of the boundary change, merger, or consolidation is located in an affected county or counties or (ii) the majority of the taxing district's equalized assessed valuation as of the effective date of the boundary change, merger, or consolidation is located in one or more counties in which the voters have approved a referendum, and none of the equalized valuation of the taxing district is located in a county (other than an affected county) that has never held a referendum. Effective immediately.

Actions 

Date	Chamber	Action
2/14/2011	House	Filed with the Clerk by Rep. Roger L. Eddy
2/14/2011	House	First Reading
2/14/2011	House	Referred to Rules Committee
2/15/2011	House	Assigned to Revenue & Finance Committee
3/17/2011	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	House	Session Sine Die

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