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<xml>
<title>Illinois General Assembly - Bill Status for HB 1360         </title>
<shortdesc>PROP TX-AGGREGATE EXTENSION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Martin McLaughlin, David Friess and Michael J. Coffey, Jr.</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</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>1/23/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Martin McLaughlin</action>
<statusdate>1/31/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/1/2023</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. David Friess</action>
<statusdate>2/15/2023</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/23/2023</statusdate><chamber>House</chamber><action>To Revenue - Property Tax Subcommittee</action>
<statusdate>3/10/2023</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>2/8/2024</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael J. Coffey, Jr.</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

