PROPERTY TAX EXTENSION CAP House SponsorsRep. Bradley Fritts 2/13/2026HouseReferred to Rules Committee 35 ILCS 200/18-121 new35 ILCS 200/18-205a new Amends the Property Tax Code. Provides that whether or not a county is subject to the Property Tax Extension Limitation Law, if that county has enjoyed, and continues to enjoy, an aggregate extension increase of not less than 4.5% per year, and this aggregate extension increase has been enjoyed and is enjoyed cumulatively and in compound fashion for a period of not less than 3 years, then in the fourth and in all succeeding years the county shall be subject to an aggregate extension limitation increase that shall not exceed 3% per year. Provides that an exception to this countywide aggregate extension increase of 3% per year shall be enjoyed by a county that successfully seeks approval by referendum from release from this cap on countywide aggregate extensions. 2/6/2026HouseFiled with the Clerk by Rep. Bradley Fritts 2/13/2026HouseFirst Reading 2/13/2026HouseReferred to Rules Committee