PROP TX-LEVY REDUCTION House SponsorsRep. Dwight Kay 12/3/2014HouseSession Sine Die 35 ILCS 200/18-184.15 new Amends the Property Tax Code. Provides that, beginning in taxable year 2013 and concluding in taxable year 2017, the county clerk shall reduce the property taxes levied by each taxing district to a level that is not greater than that taxing district's levy in the previous taxable year. Provides that the county clerk may increase or decrease the portion of a total tax levy paid by any individual taxpayer, provided that the increase or decrease in the individual taxpayer's tax bill is based solely on a change in the equalized assessed value of the taxpayer's property. Effective immediately. 2/7/2013HouseFiled with the Clerk by Rep. Dwight Kay 2/13/2013HouseFirst Reading 2/13/2013HouseReferred to Rules Committee 2/19/2013HouseAssigned to Revenue & Finance Committee 3/22/2013HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die