Illinois General Assembly - Full Text of SB1498
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Full Text of SB1498  93rd General Assembly

SB1498 93rd General Assembly


                                     LRB093 06568 SJM 06694 b

 1        AN ACT concerning taxes.

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

 4        Section  5.  The  Property  Tax Code is amended by adding
 5    Section 18-112 as follows:

 6        (35 ILCS 200/18-112 new)
 7        Sec.  18-112.  Extension  of  taxes  for  additional   or
 8    supplemental  budget  of school district. Notwithstanding any
 9    other provision of this Code and in accordance  with  Section
10    17-3.2  of the School Code, if a school district adopts, in a
11    fiscal year, an additional or supplemental budget  under  the
12    authority  of  Section  17-3.2 of the School Code, the county
13    clerk shall include, in the extension of  taxes  made  during
14    that fiscal year, the extension of taxes for the supplemental
15    or additional budget adopted by the school district.