093_HB3405sam001
LRB093 05262 NHT 13497 a
1 AMENDMENT TO HOUSE BILL 3405
2 AMENDMENT NO. . Amend House Bill 3405 on page 1,
3 line 1, by replacing "educational labor relations" with
4 "education"; and
5 on page 1, immediately below line 3, by inserting the
6 following:
7 "Section 3. The Property Tax Code is amended by changing
8 Section 18-241 as follows:
9 (35 ILCS 200/18-241)
10 Sec. 18-241. School Finance Authority.
11 (a) A School Finance Authority established under Article
12 1E or 1F of the School Code shall not be a taxing district
13 for purposes of this Law.
14 (b) This Law shall not apply to the extension of taxes
15 for a school district for the levy year in which a School
16 Finance Authority for the district is created pursuant to
17 Article 1E or 1F of the School Code.
18 (Source: P.A. 92-547, eff. 6-13-02.)".