IllinoisSB0216104th General Assembly (2025–2026)Senate

PTELL-AGGREGATE EXTENSION

Sponsored By: John F. Curran

In Committee

Summary

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a taxing district shall reduce its aggregate extension base for the purpose of lowering its limiting rate for future years upon referendum approval initiated by the submission of a petition by the voters of the district. Provides that the extension limitation shall be: (a) the lesser of 5% or the average percentage increase in the Consumer Price Index for the 10 years immediately preceding the levy year for which the extension limitation is being calculated; or (b) the rate of increase approved by the voters. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • John F. Curran

    Affiliation unavailable

Cosponsors

  • Darby A. Hills

    Affiliation unavailable

  • Sally J. Turner

    Affiliation unavailable

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added as Chief Co-Sponsor Sen. Darby A. Hills

    12/1/2025Senate
  2. Added as Co-Sponsor Sen. Sally J. Turner

    8/5/2025Senate
  3. Chief Sponsor Changed to Sen. John F. Curran

    2/2/2025Senate
  4. Referred to Assignments

    1/22/2025Senate
  5. First Reading

    1/22/2025Senate
  6. Filed with Secretary by Sen. Dan McConchie

    1/22/2025Senate

Bill Text

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