Bill Status of HB 2975   97th General Assembly


Short Description:  PEN CD-ARTS 3/7-TAX REFERENDUM

House Sponsors
Rep. Karen May

Last Action  View All Actions

DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/18-185
40 ILCS 5/3-145from Ch. 108 1/2, par. 3-145
40 ILCS 5/7-134from Ch. 108 1/2, par. 7-134

Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/23/2011HouseFiled with the Clerk by Rep. Karen May
  2/23/2011HouseFirst Reading
  2/23/2011HouseReferred to Rules Committee
  2/28/2011HouseAssigned to Personnel and Pensions Committee
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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