HB 5426 Illinois House · 101st Regular Session

PROP TX-SURPLUS LEVY ABATEMENT

Summary
Amends the Property Tax Code to provide that a taxing district may order the county clerk to abate any portion of its taxes when its initial levy request has subsequently been found to be in excess of the funds required for that year. Provides that any such abatement shall be included in the district's aggregate extension base for purposes of the Property Tax Extension Limitation Law. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2020 Last action Feb 18, 2020
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Full legislative history

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3
Key actions
0
Committee
1
Feb 18, 2020
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Grant Wehrli
Grant Wehrli
RRepublican
IL
41