PROP TX-PTELL-EXTENSION BASE Senate SponsorsSen. Don Harmon House Sponsors(Rep. Elaine Nekritz-Bob Biggins-Arthur L. Turner-Frank J. Mautino-Naomi D. Jakobsson) 7/22/2010SenatePublic Act . . . . . . . . . 96-1202 35 ILCS 200/18-18535 ILCS 200/18-212Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that each taxing district's debt service extension base shall be increased each year beginning with the later of (i) the 2009 levy year or (ii) the first levy year in which the Law becomes applicable to the taxing district, by the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year. Provides that, if a taxing district's debt service extension base is established or increased by a referendum held after February 2, 2010, the debt service extension base shall be increased if certain authorizing language is included in the referendum. Effective immediately. 2/9/2010SenateFiled with Secretary by Sen. Don Harmon 2/9/2010SenateFirst Reading 2/9/2010SenateReferred to Assignments 2/24/2010SenateAssigned to Revenue 3/8/2010SenateDo Pass Revenue; 008-000-000 3/8/2010SenatePlaced on Calendar Order of 2nd Reading March 9, 2010 3/11/2010SenateSecond Reading 3/11/2010SenatePlaced on Calendar Order of 3rd Reading March 12, 2010 3/12/2010SenateThird Reading - Passed; 050-000-000 3/12/2010HouseArrived in House 3/12/2010HouseChief House Sponsor Rep. Elaine Nekritz 3/12/2010HousePlaced on Calendar Order of First Reading 3/12/2010HouseFirst Reading 3/12/2010HouseReferred to Rules Committee 3/16/2010HouseAdded Alternate Chief Co-Sponsor Rep. Bob Biggins 3/16/2010HouseAdded Alternate Chief Co-Sponsor Rep. Arthur L. Turner 3/18/2010HouseAdded Alternate Chief Co-Sponsor Rep. Frank J. Mautino 3/22/2010HouseAssigned to Revenue & Finance Committee 4/15/2010HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000 4/15/2010HouseRemains in Revenue & Finance Committee 4/22/2010HouseDo Pass / Short Debate Revenue & Finance Committee; 009-000-000 4/22/2010HousePlaced on Calendar 2nd Reading - Short Debate 4/23/2010HouseSecond Reading - Short Debate 4/23/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/27/2010HouseAdded Alternate Chief Co-Sponsor Rep. Naomi D. Jakobsson 4/28/2010HouseThird Reading - Short Debate - Passed 067-045-000 4/28/2010SenatePassed Both Houses 5/27/2010SenateSent to the Governor 7/22/2010SenateGovernor Approved 7/22/2010SenateEffective Date July 22, 2010 7/22/2010SenatePublic Act . . . . . . . . . 96-1202