101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB2767

 

Introduced 2/4/2020, by Sen. Robert F. Martwick

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/10-107  from Ch. 108 1/2, par. 10-107

    Amends the Cook County Forest Preserve Article of the Illinois Pension Code. In a provision concerning the property tax levy for providing revenue for the Fund, provides that the forest preserve district may use other lawfully available funds in lieu of all or part of the levy.


LRB101 17418 RPS 66826 b

FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB2767LRB101 17418 RPS 66826 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by changing
5Section 10-107 as follows:
 
6    (40 ILCS 5/10-107)  (from Ch. 108 1/2, par. 10-107)
7    Sec. 10-107. Financing - Tax levy. The forest preserve
8district may levy an annual tax on the value, as equalized or
9assessed by the Department of Revenue, of all taxable property
10in the district for the purpose of providing revenue for the
11fund. The rate of such tax in any year may not exceed the rate
12herein specified for that year or the rate which will produce,
13when extended, the sum herein stated for that year, whichever
14is higher: for any year prior to 1970, .00103% or $195,000; for
15the year 1970, .00111% or $210,000; for the year 1971, .00116%
16or $220,000. For the year 1972 and each year thereafter, the
17Forest Preserve District shall levy a tax annually at a rate on
18the dollar of the value, as equalized or assessed by the
19Department of Revenue upon all taxable property in the county,
20when extended, not to exceed an amount equal to the total
21amount of contributions by the employees to the fund made in
22the calendar year 2 years prior to the year for which the
23annual applicable tax is levied, multiplied by 1.25 for the

 

 

SB2767- 2 -LRB101 17418 RPS 66826 b

1year 1972; and by 1.30 for the year 1973 and for each year
2thereafter.
3    The tax shall be levied and collected in like manner with
4the general taxes of the district and shall be in addition to
5the maximum of all other tax rates which the district may levy
6upon the aggregate valuation of all taxable property and shall
7be exclusive of and in addition to the maximum amount and rate
8of taxes the district may levy for general purposes or under
9and by virtue of any laws which limit the amount of tax which
10the district may levy for general purposes. The county clerk of
11the county in which the forest preserve district is located in
12reducing tax levies under the provisions of "An Act concerning
13the levy and extension of taxes", approved May 9, 1901, as
14amended, shall not consider any such tax as a part of the
15general tax levy for forest preserve purposes, and shall not
16include the same in the limitation of 1% of the assessed
17valuation upon which taxes are required to be extended, and
18shall not reduce the same under the provisions of that Act. The
19proceeds of the tax herein authorized shall be kept as a
20separate fund.
21    The forest preserve district may use other lawfully
22available funds in lieu of all or part of the levy.
23    The Board may establish a manpower program reserve, or a
24special forest preserve district contribution rate, with
25respect to employees whose wages are funded as program
26participants under the Comprehensive Employment and Training

 

 

SB2767- 3 -LRB101 17418 RPS 66826 b

1Act of 1973 in the manner provided in subsection (d) or (e),
2respectively, of Section 9-169.
3(Source: P.A. 81-1509.)