Elementary and Secondary Education Committee
Filed: 11/9/2004
 
 

 




 

 		












09300SB3090ham001

LRB093 20506 RAS 53998 a






1

AMENDMENT TO SENATE BILL 3090 




2
    AMENDMENT NO. ______. Amend Senate Bill 3090 by replacing 
3
everything after the enacting clause with the following:

 
4
    "Section 5. The School Code is amended  by adding Section 
5
17-3.5 as follows:
 
6
    (105 ILCS 5/17-3.5  new)
7
    Sec. 17-3.5. Maximum-authorized district educational 
8
purposes tax rate. If, at any election held prior to March 19, 
9
2004, the voters of a school district having a population of 
10
less than 500,000 inhabitants approved the proposition to 
11
increase the educational purposes tax rate of the district and 
12
the proposition to increase the rate set forth as the existing 
13
maximum-authorized educational purposes tax rate of the 
14
district the tax rate most recently extended for educational 
15
purposes, then, for the purposes of this Code and the Property 
16
Tax Code, the maximum-authorized educational purposes tax rate 
17
of the district shall be calculated as follows:

18
        (1) for the first tax year affected by the results of 
19
    the referendum, the district's tax rates shall be 
20
    calculated based upon the rates set forth in the 
21
    proposition; and

22
        (2) for each tax year thereafter, the district's 
23
    maximum-authorized educational purposes tax rate approved 
24
    at the referendum shall be equal to the sum of the 
 


 






09300SB3090ham001
- 2 -
LRB093 20506 RAS 53998 a




1
    district's maximum-authorized educational purposes tax 
2
    rate immediately preceding the referendum plus the 
3
    difference between the rates set forth in the proposition 
4
    submitted to the voters of the district at the referendum.

5
    Within 10 days after the effective date of this amendatory 
6
Act of the 93rd General Assembly, the school board of any 
7
school district affected by this subsection (a) may, 
8
notwithstanding the requirements of any other law to the 
9
contrary, amend its certificate of tax levy for any year for 
10
which its equalized assessed valuation has not yet been 
11
certified by the county clerk.  The amended certificate of tax 
12
levy shall be filed with the county clerk within the 10-day 
13
period after the effective date of this amendatory Act of the 
14
93rd General Assembly.

 

15
    Section 99. Effective date. This Act takes effect upon 
16
becoming law.".