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90_HB0847enr
35 ILCS 200/18-185
Amends the Property Tax Extension Limitation Law in the
Property Tax Code. Excludes from the definition of
"aggregate extension", for taxing districts that were not
subject to the Law before the 1995 levy year, extensions for
joint recreational programs for the handicapped made by a
taxing district that (i) has an equalized assessed valuation
that is at least 90% mutually inclusive with the equalized
assessed valuation of a municipality that has previously
extended but no longer extends such a tax, (ii) has not
previously extended the tax, and (ii) will extend aggregate
dollars upon the tax in an amount not to exceed the aggregate
dollars extended for the last levy of the tax by the
municipality.
LRB9002322KDksA
HB0847 Enrolled LRB9002322KDksA
1 AN ACT to amend the Property Tax Code by changing Section
2 18-215.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Property Tax Code is amended by changing
6 Section 18-215 as follows:
7 (35 ILCS 200/18-215)
8 Sec. 18-215. Merging and consolidating taxing districts.
9 For purposes of this Law, when 2 or more taxing districts
10 merge or consolidate, the sum of the last preceding aggregate
11 extensions for each taxing district shall be combined for the
12 resulting merged or consolidated taxing district. When a
13 service performed by one taxing district is transferred to
14 another taxing district, that part of the aggregate extension
15 base for that purpose shall be transferred and added to the
16 aggregate extension base of the transferee taxing district
17 for purposes of this Law and shall be deducted from the
18 aggregate extension base of the transferor taxing district.
19 If the service and corresponding portion of the aggregate
20 extension base transferred to the taxing district are for a
21 service that the transferee district does not currently levy
22 for, the provisions of Section 18-210 of this Law requiring a
23 referendum to establish a new levy shall not apply.
24 (Source: P.A. 87-17; 88-455.)
25 Section 99. Effective date. This Act takes effect upon
26 becoming law.
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