Bill Status of SB3204  102nd General Assembly

Short Description:  PROP TX-RECAPTURE

Senate Sponsors
Sen. Terri Bryant

Last Action
DateChamber Action
  1/14/2022SenateReferred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 200/18-53 new
35 ILCS 200/18-185
35 ILCS 200/18-233 rep.
105 ILCS 5/2-3.33from Ch. 122, par. 2-3.33

Synopsis As Introduced
Amends the Property Tax Code. Repeals provisions concerning levy adjustments for certificates of error, court orders, and final administrative decisions of the Property Tax Appeal Board. Provides that a taxing district may adopt a levy to recapture revenue lost due to refunds issued pursuant to a decision of the Property Tax Appeal Board, an assessment or exemption decision of the Department of Revenue, a court order, or an administrative decision of a local assessment official. Provides that those recapture levies are not included in the taxing district's aggregate extension base under the Property Tax Extension Limitation Law. Amends the School Code to make conforming changes. Effective immediately.

DateChamber Action
  1/14/2022SenateFiled with Secretary by Sen. Terri Bryant
  1/14/2022SenateFirst Reading
  1/14/2022SenateReferred to Assignments