Rep. Jack D. Franks
Filed: 3/27/2009
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| 1 | AMENDMENT TO HOUSE BILL 2516
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| 2 | AMENDMENT NO. ______. Amend House Bill 2516, AS AMENDED, by | ||||||
| 3 | replacing everything after the enacting clause with the | ||||||
| 4 | following:
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| 5 | "Section 5. The Counties Code is amended by adding Section | ||||||
| 6 | 5-1035.3 as follows: | ||||||
| 7 | (55 ILCS 5/5-1035.3 new) | ||||||
| 8 | Sec. 5-1035.3. Tax increase opt out. | ||||||
| 9 | (a) A county, by ordinance or resolution adopted by the | ||||||
| 10 | county board or by referendum, may opt out of any tax increase | ||||||
| 11 | imposed pursuant to Section 4.03 of the Regional Transportation | ||||||
| 12 | Act, as amended by Public Act 95-708, and to be used by the | ||||||
| 13 | county as provided in Section 4.03.3 of that Act. If a county | ||||||
| 14 | opts out of a tax increase, then the tax increase shall no | ||||||
| 15 | longer be imposed or collected in the county and the county | ||||||
| 16 | shall no longer receive distributions or any other benefits | ||||||
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| 1 | derived from the imposition of the tax increase. | ||||||
| 2 | (b) The county board, by resolution, may provide for the | ||||||
| 3 | submission to the electors the question of whether the county | ||||||
| 4 | shall opt out of a tax increase. The board shall certify the | ||||||
| 5 | resolution and proposition to the proper election officials, | ||||||
| 6 | who shall submit the question to the electors at the | ||||||
| 7 | consolidated or general election next occurring and in | ||||||
| 8 | accordance with the general election law. The proposition shall | ||||||
| 9 | be in substantially the following form: | ||||||
| 10 | Shall the County of (insert name of county) opt out of | ||||||
| 11 | (insert description of tax increase)? | ||||||
| 12 | The votes shall be recorded as "Yes" or "No". | ||||||
| 13 | If a majority of the electors voting on the proposition | ||||||
| 14 | vote in favor of it, then the county has opted out of the tax | ||||||
| 15 | increase. | ||||||
| 16 | (c) A county may not opt out of any tax increase under this | ||||||
| 17 | Section if the proceeds are pledged to make principal or | ||||||
| 18 | interest payments on bonds or other long-term debt.
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| 19 | Section 99. Effective date. This Act takes effect upon | ||||||
| 20 | becoming law.".
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