Illinois General Assembly - Bill Status for HB4958
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 Bill Status of HB4958  100th General Assembly


House Sponsors
Rep. Margo McDermed and Sheri Jesiel

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/18-185

Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for levy years 2019 and later, for school districts, the "aggregate extension base" is the greater of (A) the district's last preceding aggregate extension limit or (B) the district's last preceding aggregate extension, subject to certain adjustments. Provides that the term "aggregate extension limit" means the district's last preceding aggregate extension if the taxing district had utilized the maximum limiting rate permitted without referendum for each of the 3 immediately preceding levy years. Effective immediately.

DateChamber Action
  2/14/2018HouseFiled with the Clerk by Rep. Margo McDermed
  2/14/2018HouseFirst Reading
  2/14/2018HouseReferred to Rules Committee
  2/26/2018HouseAssigned to Revenue & Finance Committee
  3/8/2018HouseTo Property Tax Subcommittee
  4/12/2018HouseMotion Filed to Discharge Committee Revenue & Finance Committee; Rep. Margo McDermed
  4/12/2018HouseAdded Co-Sponsor Rep. Sheri Jesiel
  4/13/2018HouseRule 19(a) / Re-referred to Rules Committee
  5/10/2018HouseMotion Withdrawn Rep. Margo McDermed
  1/8/2019HouseSession Sine Die

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