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Public Act 096-1205
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| SB3265 Enrolled | LRB096 20326 HLH 35957 b |
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AN ACT in relation to taxes.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 1. Short title. This Act may be cited as the Summit |
Park District Tax Levy Validation (2010) Act.
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Section 5. Tax levy ordinances of the Summit Park District. |
If the Summit Park District has, during the fiscal year |
2010-2011, within the time required by law adopted an annual |
appropriation ordinance for that year and adopted its annual |
tax levy ordinance for the tax year 2010 and duly files the |
same with the county clerk of the county in which the district |
is located, then any such tax levy ordinance and the taxes |
levied and extended pursuant thereto are hereby validated; |
however, those taxes are validated only to the extent they do |
not exceed the maximum amount the district could have levied |
and the county clerk could have extended under the Property Tax |
Extension Limitation Law if the Park District had taken into |
account the recovered tax increment value from the expiration |
of the West Summit TIF in its 2007 tax year levy and subsequent |
tax year levies as was permitted by law.
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Section 90. The Property Tax Code is amended by adding |
Section 18-198 as follows:
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