Illinois 99th Regular Session Status: In Committee 1 D cosponsors

HB 4267 — PTELL-RESERVES

Last action — Session Sine Die

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 99th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, if, at the end of any levy year, a taxing district has reserves of 50% or more of its operating budget for that levy year, then, for the next levy year, "extension limitation" means 0% or the rate of increase approved by the voters. Preempts the power of home rule units to tax. Effective immediately.

Bill Text

Action History

  1. Session Sine Die

  2. Rule 19(a) / Re-referred to Rules Committee

  3. To Property Tax Subcommittee

  4. Assigned to Revenue & Finance Committee

  5. Added Co-Sponsor Rep. Martin J. Moylan

  6. Added Co-Sponsor Rep. Stephanie A. Kifowit

  7. Added Co-Sponsor Rep. Michelle Mussman

  8. Added Co-Sponsor Rep. Natalie A. Manley

  9. Added Chief Co-Sponsor Rep. David McSweeney

  10. Added Chief Co-Sponsor Rep. Jack D. Franks

  11. Added Chief Co-Sponsor Rep. Carol Sente

  12. Added Chief Co-Sponsor Rep. Sam Yingling

  13. Referred to Rules Committee

  14. First Reading

  15. Filed with the Clerk by Rep. Fred Crespo

Sponsors

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation elections
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 4267 do?
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, if, at the end of any levy year, a taxing district has reserves of 50% or more of its operating budget for that levy year, then, for the next levy year, "extension limitation" means 0% or the rate of increase approved by the voters. Preempts the power of home rule units to tax. Effective immediately.
Who sponsors HB 4267?
HB 4267 is sponsored by Fred Crespo (Democrat).
What is the current status of HB 4267?
This bill died with 99th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 4267?
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Last checked for changes 3 months ago · updated continuously

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