HB 4241

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

Ptell-Limiting Rate

Abstract

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for levy year 2021 and thereafter, the limiting rate shall include 50% of the value of new property (currently, 100% of the value of new property is excluded). Effective immediately.

Bill Sponsors (1)

Mark L. Walker

Primary

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Actions


Jan 27, 2020

House

Referred to Rules Committee

House

First Reading

Jan 23, 2020

House

Filed with the Clerk by Rep. Mark L. Walker

Bill Text

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