Bill Title: Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a taxing district's aggregate extension base shall be adjusted whenever an assessment increase or decrease due to the issuance of a certificate of error, a decision of the board of review, or a decision of the Property Tax Appeal Board results in the overextension or underextension of taxes for the last preceding levy year. Effective immediately.

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Failed) 2021-01-13 - Session Sine Die [SB1043 Detail]

Text: Latest bill text (Engrossed) [HTML]

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