PROP TX-ABATEMENTS

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, if a taxing district grants a property tax abatement for a defined period of time measured in levy years, then, for the first levy year after the expiration of the abatement, the district's aggregate extension base shall be the taxing district's last preceding aggregate extension, subject to certain adjustments, plus the amount of the expired abatement for the previous levy year. Effective immediately.

Every action

7 steps, oldest first, as the legislature records them.

1. Feb 8, 2024HouseFiled with the Clerk by Rep. Christopher "C.D." Davidsmeyer
2. Feb 9, 2024HouseFirst Reading
3. Feb 9, 2024CommitteeReferred to Rules Committee · House Rules
4. Feb 28, 2024CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
5. Mar 8, 2024CommitteeTo Revenue - Property Tax Subcommittee · House Property Tax Subcommittee
6. Apr 5, 2024CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
7. Jan 7, 2025HouseSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• Christopher "C.D." DavidsmeyerR Primary sponsor · District 100