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Neutral Bill Mar 16, 2026

PROP TX-POLICE PENSIONS

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a special purpose extension made by a non-home rule municipality for mandatory contributions to a police pension fund or a firefighters' pension fund is not considered part of the municipality's aggregate extension, but only for the first year during which the levy is ever imposed by the non-home rule municipality. Provides that certain levies made under the Illinois Pension Code are not considered new rates.

https://legiscan.com/IL/bill/SB2660/2025
Bill data from LegiScan, used under CC BY 4.0.
Mike Porfirio State Senator
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