State of Illinois
90^th General Assembly
Legislation

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90_HB0847enr

      35 ILCS 200/18-185
          Amends the Property Tax Extension Limitation Law  in  the
      Property   Tax   Code.    Excludes  from  the  definition  of
      "aggregate extension", for taxing  districts  that  were  not
      subject  to the Law before the 1995 levy year, extensions for
      joint recreational programs for the  handicapped  made  by  a
      taxing  district that (i) has an equalized assessed valuation
      that is at least 90% mutually inclusive  with  the  equalized
      assessed  valuation  of  a  municipality  that has previously
      extended but no longer extends  such  a  tax,  (ii)  has  not
      previously  extended  the tax, and (ii) will extend aggregate
      dollars upon the tax in an amount not to exceed the aggregate
      dollars extended  for  the  last  levy  of  the  tax  by  the
      municipality.
                                                    LRB9002322KDksA
HB0847 Enrolled                               LRB9002322KDksA
 1        AN ACT to amend the Property Tax Code by changing Section
 2    18-215.
 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:
 5        Section 5.  The Property Tax Code is amended by  changing
 6    Section 18-215 as follows:
 7        (35 ILCS 200/18-215)
 8        Sec. 18-215.  Merging and consolidating taxing districts.
 9    For  purposes  of  this  Law, when 2 or more taxing districts
10    merge or consolidate, the sum of the last preceding aggregate
11    extensions for each taxing district shall be combined for the
12    resulting merged or  consolidated  taxing  district.  When  a
13    service  performed  by  one taxing district is transferred to
14    another taxing district, that part of the aggregate extension
15    base for that purpose shall be transferred and added  to  the
16    aggregate  extension  base  of the transferee taxing district
17    for purposes of this Law  and  shall  be  deducted  from  the
18    aggregate  extension  base of the transferor taxing district.
19    If the service and corresponding  portion  of  the  aggregate
20    extension  base  transferred to the taxing district are for a
21    service that the transferee district does not currently  levy
22    for, the provisions of Section 18-210 of this Law requiring a
23    referendum to establish a new levy shall not apply.
24    (Source: P.A. 87-17; 88-455.)
25        Section  99.  Effective date.  This Act takes effect upon
26    becoming law.

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