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<xml>
<title>Illinois General Assembly - Bill Status for HB 5425         </title>
<shortdesc>PROP TX-AGGREGATE EXTENSION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Grant Wehrli-Deanne M. Mazzochi-Joe Sosnowski-Amy Grant, Lindsay Parkhurst and Tom Weber</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/18-185</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that the limiting rate shall be calculated using the highest aggregate extension from any year in which the taxing district was subject to the Property Tax Extension Limitation Law (currently, the last 3 preceding levy years). Provides that an aggregate extension established for a levy year in which the taxing district was authorized to temporarily increase its limiting rate or its extension limitation may not be used.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Grant Wehrli</action>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Deanne M. Mazzochi</action>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Joe Sosnowski</action>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Amy Grant</action>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Lindsay Parkhurst</action>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Tom Weber</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

