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<xml>
<title>Illinois General Assembly - Bill Status for HB 4517         </title>
<shortdesc>PROP TX-RATE LIMIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Rita Mayfield</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/18-163 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Provides that the aggregate tax rate extended against taxable real property by any taxing district may not exceed 105% of the aggregate tax rate extended by the taxing district in the previous levy year unless the increase is approved by referendum. Sets forth provisions concerning new taxing districts and taxing districts with an aggregate tax rate of zero in the previous levy year. Preempts home rule powers.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Rita Mayfield</action>
<statusdate>2/4/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/4/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/27/2020</statusdate><chamber>House</chamber><action>To Property Tax Subcommittee</action>
<statusdate>6/23/2020</statusdate><chamber>House</chamber><action>Rule 19(b) / Re-referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

