HB4078 94TH GENERAL ASSEMBLY

LRB094 12279 RCE 46071 b

94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB4078

Introduced 5/16/2005, by Rep. Michael K. Smith

SYNOPSIS AS INTRODUCED:

70 ILCS 2605/5.15 new

Amends the Metropolitan Water Reclamation District Act. Requires the Metropolitan Water Reclamation District to pay an impact fee of $203,442.14 to the county treasurer of Fulton County for the impact on that county of facilities located on real estate within that county that is owned and operated by the District. Requires the county treasurer to redistribute the impact fee to each taxing district in which that real property is located in the same proportion as the tax rate for each taxing district for taxable year 2003 bears to the total tax rate of all such taxing districts for taxable year 2003 under the Property Tax Code. Requires the District to pay the impact fee within 60 days after the effective date. Effective immediately.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Metropolitan Water Reclamation District Act is amended by adding Section 5.15 as follows:

(70 ILCS 2605/5.15 new)

Sec. 5.15. Impact fees; Fulton County. For several years, the District has owned and conducted operations on real estate in Fulton County that is outside the territory of the District and outside of Cook County. For example, the District owns and operates a sludge reclamation facility in Fulton County. The District's ownership and operations have an impact on the public infrastructure and governmental service requirements of the county. Therefore, the District must pay a one-time impact fee of $203,442.14 to the county treasurer of Fulton County. The county treasurer shall redistribute the impact fee to each taxing district in the county in which the District's real property is located in the same proportion as the tax rate for each such taxing district for taxable year 2003 bears to the total tax rate of all such taxing districts for taxable year 2003 under the Property Tax Code. The impact fee must be paid within 60 days after the effective date of this Section.

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