HB 3530

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-School Districts


Amends the Property Tax Extension Limitation in the Property Tax Code. Provides that, in the case of a school district (other than a school district organized under Article 34 of the School Code), the district may increase its extension limitation if the school board certifies to the county clerk that (i) the school district is under a financial emergency during the current levy year and (ii) for either or both of the 2 immediately preceding levy years, the aggregate tax rate for all of the district's included funds was less than the district's limiting rate for the applicable year. Sets forth the amount of the increase. Provides that "financial emergency" means that the district's cash reserves for the current fiscal year fall below 200% of the average of the annual budgets of the district for the 5 preceding years. Effective immediately.

Bill Sponsors (1)


No votes to display


Mar 29, 2019


Rule 19(a) / Re-referred to Rules Committee

Mar 14, 2019


To Property Tax Subcommittee

Mar 05, 2019


Assigned to Revenue & Finance Committee

Feb 15, 2019


Filed with the Clerk by Rep. Anne Stava-Murray


First Reading


Referred to Rules Committee

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
No related documents.


Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.