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90_SB1867enr
35 ILCS 200/2-60
Amends the Property Tax Code to make a technical change.
SRS90S0084PMch
SB1867 Enrolled SRS90S0084PMch
1 AN ACT to amend the Property Tax Code by changing Section
2 18-195.
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 18-195 as follows:
7 (35 ILCS 200/18-195)
8 Sec. 18-195. Limitation. Tax extensions made under
9 Sections 18-45 and 18-105 are further limited by the
10 provisions of this Law.
11 For those taxing districts that have levied in any
12 previous levy year for any funds included in the aggregate
13 extension, the county clerk shall extend a rate for the sum
14 of these funds that is no greater than the limiting rate.
15 For those taxing districts that have never levied for
16 any funds included in the aggregate extension, the county
17 clerk shall extend an amount no greater than the amount
18 approved by the voters in a referendum under Section 18-210.
19 If the county clerk is required to reduce the aggregate
20 extension of a taxing district by provisions of this Law, the
21 county clerk shall proportionally reduce the extension for
22 each fund unless otherwise requested by the taxing district.
23 Upon written request of the corporate authority of a
24 village, the county clerk shall calculate separate limiting
25 rates for the library funds and for the aggregate of the
26 other village funds in order to reduce the funds as may be
27 required under provisions of this Law. In calculating the
28 limiting rate for the library, the county clerk shall use
29 only the part of the aggregate extension base applicable to
30 the library, and for any rate increase or decrease factor
31 under Section 18-230 the county clerk shall use only any new
SB1867 Enrolled -2- SRS90S0084PMch
1 rate or rate increase applicable to the library funds and the
2 part of the rate applicable to the library in determining
3 factors under that Section. The county clerk shall calculate
4 the limiting rate for all other village funds using only the
5 part of the aggregate extension base not applicable to the
6 library, and for any rate increase or decrease factor under
7 Section 18-230 the county clerk shall use only any new rate
8 or rate increase not applicable to the library funds and the
9 part of the rate not applicable to the library in determining
10 factors under that Section. If the county clerk is required
11 to reduce the aggregate extension of the library portion of
12 the levy, the county clerk shall proportionally reduce the
13 extension for each library fund unless otherwise requested by
14 the library board. If the county clerk is required to reduce
15 the aggregate extension of the portion of the levy not
16 applicable to the library, the county clerk shall
17 proportionally reduce the extension for each fund not
18 applicable to the library unless otherwise requested by the
19 village.
20 Beginning with the 1998 levy year upon written direction
21 of a county or township community mental health board, the
22 county clerk shall calculate separate limiting rates for the
23 community mental health funds and for the aggregate of the
24 other county or township funds in order to reduce the funds
25 as may be required under provisions of this Law. In
26 calculating the limiting rate for the community mental health
27 funds, the county clerk shall use only the part of the
28 aggregate extension base applicable to the community mental
29 health funds; and for any rate increase or decrease factor
30 under Section 18-230, the county clerk shall use only any new
31 rate or rate increase applicable to the community mental
32 health funds and the part of the rate applicable to the
33 community mental health board in determining factors under
34 that Section. The county clerk shall calculate the limiting
SB1867 Enrolled -3- SRS90S0084PMch
1 rate for all other county or township funds using only the
2 part of the aggregate extension base not applicable to
3 community mental health funds; and for any rate increase or
4 decrease factor under Section 18-230, the county clerk shall
5 use only any new rate or rate increase not applicable to the
6 community mental health funds and the part of the rate not
7 applicable to the community mental health board in
8 determining factors under that Section. If the county clerk
9 is required to reduce the aggregate extension of the
10 community mental health board portion of the levy, the county
11 clerk shall proportionally reduce the extension for each
12 community mental health fund unless otherwise directed by the
13 community mental health board. If the county clerk is
14 required to reduce the aggregate extension of the portion of
15 the levy not applicable to the community mental health board,
16 the county clerk shall proportionally reduce the extension
17 for each fund not applicable to the community mental health
18 board unless otherwise directed by the county or township.
19 (Source: P.A. 90-339, eff. 8-8-97.)
20 Section 99. Effective date. This Act takes effect upon
21 becoming law.