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<xml>
<title>Illinois General Assembly - Bill Status for HB 1341   </title>
<shortdesc>PROP TAX-DEBT SERVICE EXT BASE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. JoAnn D. Osmond</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</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 Code. Defines "debt service extension base" for school districts (i) that were first subject to the Code in 1991 or 1995 and whose extension for the 1994 levy year for the payment of principal and interest on bonds issued by the school district without referendum (but not including excluded non-referendum bonds) was less than 51% of the amount for the 1991 levy year constituting an extension for payment of principal and interest on bonds issued by the school district without referendum (but not including excluded non-referendum bonds) or (ii) that were first subject to the Code in 1991 or 1995 and had no extensions for either the 1994 or the 1991 levy year for the payment of principal and interest on non-referendum bonds (other than excluded non-referendum bonds). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. JoAnn D. Osmond</action>
<statusdate>2/9/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/9/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/14/2011</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

