Full Text of SB2795 96th General Assembly
SB2795eng 96TH GENERAL ASSEMBLY
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SB2795 Engrossed |
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LRB096 19617 HLH 35012 b |
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| AN ACT concerning revenue.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Property Tax Code is amended by changing | 5 |
| Section 27-75 as follows:
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| (35 ILCS 200/27-75)
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| Sec. 27-75. Extension of tax levy. If a property tax is | 8 |
| levied, the tax
shall be extended by the county clerk in the | 9 |
| special service area in the manner
provided by Articles 1 | 10 |
| through 26 of this Code based on equalized assessed
values as | 11 |
| established under Articles 1 through 26. The municipality or | 12 |
| county
shall file a certified copy of the ordinance creating | 13 |
| the special service area,
including an accurate map thereof, a | 14 |
| copy of the public hearing notice, and a description of the | 15 |
| special services to be provided, with the county clerk. The | 16 |
| corporate
authorities of the municipality or county may levy | 17 |
| taxes in the special service
area prior to the date the levy | 18 |
| must be filed with the county clerk, for the
same year in which | 19 |
| the ordinance and map are filed with the county clerk. In
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| addition, the corporate authorities shall file a certified copy | 21 |
| of each
ordinance levying taxes in the special service area on | 22 |
| or before the last
Tuesday of December of each year and shall | 23 |
| file a certified copy of any
ordinance authorizing the issuance |
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LRB096 19617 HLH 35012 b |
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| of bonds and providing for a property tax
levy in the area by | 2 |
| December 31 of the year of the first levy.
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| In lieu of or in addition to an ad valorem property tax, a | 4 |
| special tax may be
levied and extended within the special | 5 |
| service area on any other basis that
provides a rational | 6 |
| relationship between the amount of the tax levied against
each | 7 |
| lot, block, tract and parcel of land in the special service | 8 |
| area and the
special service benefit rendered. In that case, a | 9 |
| special tax roll shall be
prepared containing: (a) a | 10 |
| description of the special services to be provided, (b) an | 11 |
| explanation of the method of spreading the special
tax, (c)
a | 12 |
| list of lots, blocks, tracts and parcels of land in the special
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| service area,
and (d) the amount assessed against each. The | 14 |
| special tax roll
shall be included in the ordinance | 15 |
| establishing the special service area or in
an amendment of the | 16 |
| ordinance, and shall be filed with the county clerk for use
in | 17 |
| extending the tax. The lien and foreclosure remedies provided | 18 |
| in Article 9
of the Illinois Municipal Code shall apply upon | 19 |
| non-payment of the special tax. | 20 |
| As an alternative to an ad valorem tax based on the whole | 21 |
| equalized assessed value of the property, the corporate | 22 |
| authorities may provide for the ad valorem tax to be extended | 23 |
| solely upon the equalized assessed value of the land in a | 24 |
| special service area, without regard to improvements, if the | 25 |
| equalized assessed value of the land in the special service | 26 |
| area is at least 75% of the total of the whole equalized |
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LRB096 19617 HLH 35012 b |
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| assessed value of property within the special service area at | 2 |
| the time that it was established. If the corporate authorities | 3 |
| choose to provide for this method of taxation on the land value | 4 |
| only, then each notice given in connection with the special | 5 |
| service area must include a statement in substantially the | 6 |
| following form: "The taxes to be extended shall be upon the | 7 |
| equalized assessed value of the land in the proposed special | 8 |
| service area, without regard to improvements.
Section 10-30 of | 9 |
| this Code does not apply to any property that is part of a | 10 |
| special service area created under this paragraph, namely, | 11 |
| property for which the ad valorem taxes are extended solely | 12 |
| upon the equalized assessed value of the land in the special | 13 |
| service area, without regard to improvements.
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| (Source: P.A. 93-1013, eff. 8-24-04.)
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| Section 99. Effective date. This Act takes effect upon | 16 |
| becoming law. |
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