<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 2834         </title>
<shortdesc>PROP TAX-AGGREGATE EXTENSION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Emily McAsey</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</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 Levy and Extension process of the Property Tax Code. Defines "aggregate extension base" as" (i) for levy years before 2016, the taxing district's last preceding aggregate extension; and (ii) for levy years 2016 and later, the greater of (A) the taxing district's last preceding aggregate extension limit; or (B) the taxing district's last preceding aggregate extension as adjusted under this Act. Defines "aggregate extension limit" as the district's last preceding aggregate extension if the taxing district had utilized the maximum limiting rate permitted without referendum. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/20/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Emily McAsey</action>
<statusdate>2/20/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/20/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/2/2015</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/6/2015</statusdate><chamber>House</chamber><action>To Property Tax Subcommittee</action>
<statusdate>3/27/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

