SB0216 - 104th General Assembly (2025-2026)
PTELL-AGGREGATE EXTENSION
Last Action
01/22/2025 - Senate: Referred to Assignments
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a taxing district shall reduce its aggregate extension base for the purpose of lowering its limiting rate for future years upon referendum approval initiated by the submission of a petition by the voters of the district. Provides that the extension limitation shall be: (a) the lesser of 5% or the average percentage increase in the Consumer Price Index for the 10 years immediately preceding the levy year for which the extension limitation is being calculated; or (b) the rate of increase approved by the voters. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 01/22/2025 | Senate | Filed with Secretary by Sen. Dan McConchie |
| 01/22/2025 | Senate | First Reading |
| 01/22/2025 | Senate | Referred to Assignments |
| 02/02/2025 | Senate | Chief Sponsor Changed to Sen. John F. Curran |
| 08/05/2025 | Senate | Added as Co-Sponsor Sen. Sally J. Turner |