HB2642 - 104th General Assembly (2025-2026)

PROP TX-AGGREGATE EXTENSION
Last Action

3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance

Synopsis As Introduced

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.
Actions

DateChamberAction
2/04/2025HouseFiled with the Clerk by Rep. Martin McLaughlin
2/06/2025HouseFirst Reading
2/06/2025HouseReferred to Rules Committee
3/04/2025HouseAssigned to Revenue & Finance Committee
3/06/2025HouseTo Tax Policy: Other Taxes Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee
10/27/2025HouseAdded Co-Sponsor Rep. Kevin Schmidt