PTELL-EXTENSION LIMITATION

Session: 102nd General Assembly
Year: 2021
Bill #: HB3176
Category: Revenue
Position: Oppose
Mandate? Yes
Revenue Loss? Yes
Authority Preemption? Yes

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Summary as Introduced

Amends the Property Tax Code. Provides that, for the 2022 and 2023 levy years, the Property Tax Extension Limitation Law applies to all non-home rule taxing districts. Provides that, for the 2022 and 2023 levy year, the extension limitation under the Property Tax Extension Limitation Law is 0% or the rate of increase approved by the voters. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.



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