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| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB1291 Introduced 1/28/2025, by Sen. Cristina Castro SYNOPSIS AS INTRODUCED:
| | | Amends the Special Service Area Tax Law in the Property Tax Code. In provisions requiring a hearing if the estimated special service area tax levy is more than 105% of the amount extended for special service area purposes for the preceding levy year, provides that notice of the hearing shall be posted on the special service area's website if a website is maintained by the special service area. |
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| | A BILL FOR |
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| | SB1291 | | LRB104 10192 HLH 20264 b |
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| 1 | | AN ACT concerning revenue.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Property Tax Code is amended by changing |
| 5 | | Section 27-32 as follows:
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| 6 | | (35 ILCS 200/27-32) |
| 7 | | Sec. 27-32. More than 5% increase; hearing. If, in any |
| 8 | | year other than the initial levy year, the estimated special |
| 9 | | service area tax levy is more than 105% of the amount extended |
| 10 | | for special service area purposes for the preceding levy year, |
| 11 | | notice shall be given and a hearing held on the reason for the |
| 12 | | increase. Notice of the hearing shall be given in accordance |
| 13 | | with the Open Meetings Act, including posting of the notice on |
| 14 | | the special service area's website if a website is maintained |
| 15 | | by the special service area. A meeting open to the public and |
| 16 | | convened in a location convenient to property included within |
| 17 | | the boundaries of the special service area is considered a |
| 18 | | hearing for purposes of this Section. The hearing may be held |
| 19 | | prior to the adoption of the proposed ordinance to adopt the |
| 20 | | annual levy of the special service area, but not more than 30 |
| 21 | | days prior to the adoption of the ordinance, or at the same |
| 22 | | time the proposed ordinance to adopt the annual levy of the |
| 23 | | special service area is considered. |