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90_HB0847eng 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 Engrossed 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 transfer of service. For purposes of this Law, when 2 or more 10 taxing districts merge or consolidate, the sum of the last 11 preceding aggregate extensions for each taxing district shall 12 be combined for the resulting merged or consolidated taxing 13 district. When a service performed by one taxing district is 14 transferred to another taxing district, that part of the 15 aggregate extension base for that purpose shall be 16 transferred and added to the aggregate extension base of the 17 transferee taxing district for purposes of this Law and shall 18 be deducted from the aggregate extension base of the 19 transferor taxing district. If the city of Warrenville 20 transfers a service performed by the City to the Warrenville 21 Park District under this Section, the Park District shall not 22 be required to hold a referendum under Section 18-190 for a 23 new rate if the Park District does not increase the rate 24 levied by the City of Warrenville for the transferred 25 service. 26 (Source: P.A. 87-17; 88-455.)