(65 ILCS 5/11-1-5.1) (from Ch. 24, par. 11-1-5.1)
Sec. 11-1-5.1.
In any municipality which is authorized to levy a tax under Section
11-1-3 of this Division 1, the tax rate limit so authorized may be
increased to not to exceed .40%, or beginning in taxable year 2000, .60%,
of
the value of all the taxable property
in such municipality, provided the proposition for such tax rate
increase has been submitted to the electors of that municipality and
approved by a majority of those voting on the question. The corporate
authorities
may order the proposition submitted at any election. The municipal clerk
shall certify the question to the proper election authority who shall submit
the proposition at an election in accordance with the general election law.
(Source: P.A. 91-299, eff. 7-29-99.)
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