<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 435    </title>
<shortdesc>PROP TX-REFUND RECAPTURE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Kathleen L. Wojcik</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/18-53 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Property Tax Code. Authorizes a school district to, without referendum, adopt a levy to recapture revenue lost by a property tax refund it is required to make. Provides that, for purposes of the Property Tax Extension Limitation Law, the school district's aggregate extension base shall not include the recapture levy. Provides that any taxpayer who has received a refund of property taxes has been included in a recapture levy by a particular school district under this Section shall have the right to have the extension of the district's levy against his or her property abated to the extent that the extension exceeds $500.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2005</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Kathleen L. Wojcik</action>
<statusdate>2/16/2005</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/16/2005</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

