IllinoisSB3844104th General Assembly (2025–2026)Senate

PTELL-AGGREGATE EXTENSION

Sponsored By: Darby A. Hills (Republican)

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

  • Darby A. Hills

    Republican • Senate

Cosponsors

  • Chris Balkema

    Republican • Senate

  • Paul Jacobs

    Republican • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added as Co-Sponsor Sen. Chris Balkema

    10/15/2026Senate
  2. Added as Co-Sponsor Sen. Paul Jacobs

    9/2/2026Senate
  3. Referred to Assignments

    2/6/2026Senate
  4. First Reading

    2/6/2026Senate
  5. Filed with Secretary by Sen. Darby A. Hills

    2/6/2026Senate

Bill Text

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