SB3844 - 104th General Assembly (2025-2026)

PTELL-AGGREGATE EXTENSION
Last Action
2/06/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Darby A. Hills
Statutes Amended In Order of Appearance
35 ILCS 200/18-185  
35 ILCS 200/18-205  
35 ILCS 200/18-207 new  
35 ILCS 200/18-212  
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
DateChamberAction
2/06/2026SenateFiled with Secretary by Sen. Darby A. Hills
2/06/2026SenateFirst Reading
2/06/2026SenateReferred to Assignments