97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB3820

 

Introduced 10/5/2011, by Rep. Michael J. Zalewski

 

SYNOPSIS AS INTRODUCED:
 
New Act
35 ILCS 200/18-199 new

    Creates the Justice Public Library District Tax Levy Validation (2011) Act. Validates levy ordinances and tax extensions to the extent they do not exceed the maximum amount authorized under the Property Tax Extension Limitation Law if the District had taken into account the tax increment value from the expiration of the Justice TIF #1. Amends the Property Tax Code to make the Property Tax Extension Limitation Law subject to the Justice Public Library District Tax Levy Validation (2011) Act. Effective immediately.


LRB097 13587 HLH 58117 b

FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB3820LRB097 13587 HLH 58117 b

1    AN ACT in relation to taxes.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 1. Short title. This Act may be cited as the
5Justice Public Library District Tax Levy Validation (2011) Act.
 
6    Section 5. Tax levy ordinances of the Justice Public
7Library District. If the Justice Public Library District has,
8during the fiscal year 2011-2012, within the time required by
9law adopted an annual appropriation ordinance for that year and
10adopted its annual tax levy ordinance for the tax year 2011 and
11duly files the same with the county clerk of the county in
12which the district is located, then any such tax levy ordinance
13and the taxes levied and extended pursuant thereto are hereby
14validated; however, those taxes are validated only to the
15extent they do not exceed the maximum amount the district could
16have levied and the county clerk could have extended under the
17Property Tax Extension Limitation Law if the Library District
18had taken into account the recovered tax increment value from
19the expiration of the Justice TIF #1 in its 2010 tax year levy
20and subsequent tax year levies as was permitted by law.
 
21    Section 90. The Property Tax Code is amended by adding
22Section 18-199 as follows:
 

 

 

HB3820- 2 -LRB097 13587 HLH 58117 b

1    (35 ILCS 200/18-199 new)
2    Sec. 18-199. Justice Public Library District Tax Levy
3Validation (2011) Act. The provisions of the Property Tax
4Extension Limitation Law are subject to the Justice Public
5Library District Tax Levy Validation (2011) Act.
 
6    Section 99. Effective date. This Act takes effect upon
7becoming law.