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Rep. Jack D. Franks
Filed: 3/27/2009
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09600HB2516ham002 |
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LRB096 09542 RCE 24727 a |
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| AMENDMENT TO HOUSE BILL 2516
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| AMENDMENT NO. ______. Amend House Bill 2516, AS AMENDED, by |
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| replacing everything after the enacting clause with the |
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| following:
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| "Section 5. The Counties Code is amended by adding Section |
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| 5-1035.3 as follows: |
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| (55 ILCS 5/5-1035.3 new) |
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| Sec. 5-1035.3. Tax increase opt out. |
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| (a) A county, by ordinance or resolution adopted by the |
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| county board or by referendum, may opt out of any tax increase |
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| imposed pursuant to Section 4.03 of the Regional Transportation |
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| Act, as amended by Public Act 95-708, and to be used by the |
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| county as provided in Section 4.03.3 of that Act. If a county |
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| opts out of a tax increase, then the tax increase shall no |
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| longer be imposed or collected in the county and the county |
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| shall no longer receive distributions or any other benefits |
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09600HB2516ham002 |
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LRB096 09542 RCE 24727 a |
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| derived from the imposition of the tax increase. |
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| (b) The county board, by resolution, may provide for the |
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| submission to the electors the question of whether the county |
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| shall opt out of a tax increase. The board shall certify the |
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| resolution and proposition to the proper election officials, |
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| who shall submit the question to the electors at the |
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| consolidated or general election next occurring and in |
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| accordance with the general election law. The proposition shall |
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| be in substantially the following form: |
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| Shall the County of (insert name of county) opt out of |
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| (insert description of tax increase)? |
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| The votes shall be recorded as "Yes" or "No". |
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| If a majority of the electors voting on the proposition |
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| vote in favor of it, then the county has opted out of the tax |
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| increase. |
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| (c) A county may not opt out of any tax increase under this |
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| Section if the proceeds are pledged to make principal or |
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| interest payments on bonds or other long-term debt.
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| Section 99. Effective date. This Act takes effect upon |
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| becoming law.".
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