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[ Senate Amendment 001 ] |
90_SB1867ham001 LRB9011881PTbdam 1 AMENDMENT TO SENATE BILL 1867 2 AMENDMENT NO. . Amend Senate Bill 1867 by replacing 3 the title with the following: 4 "AN ACT to amend the Property Tax Code by changing 5 Section 18-195."; and 6 by replacing everything after the enacting clause with the 7 following: 8 "Section 5. The Property Tax Code is amended by changing 9 Section 18-195 as follows: 10 (35 ILCS 200/18-195) 11 Sec. 18-195. Limitation. Tax extensions made under 12 Sections 18-45 and 18-105 are further limited by the 13 provisions of this Law. 14 For those taxing districts that have levied in any 15 previous levy year for any funds included in the aggregate 16 extension, the county clerk shall extend a rate for the sum 17 of these funds that is no greater than the limiting rate. 18 For those taxing districts that have never levied for 19 any funds included in the aggregate extension, the county 20 clerk shall extend an amount no greater than the amount 21 approved by the voters in a referendum under Section 18-210. -2- LRB9011881PTbdam 1 If the county clerk is required to reduce the aggregate 2 extension of a taxing district by provisions of this Law, the 3 county clerk shall proportionally reduce the extension for 4 each fund unless otherwise requested by the taxing district. 5 Upon written request of the corporate authority of a 6 village, the county clerk shall calculate separate limiting 7 rates for the library funds and for the aggregate of the 8 other village funds in order to reduce the funds as may be 9 required under provisions of this Law. In calculating the 10 limiting rate for the library, the county clerk shall use 11 only the part of the aggregate extension base applicable to 12 the library, and for any rate increase or decrease factor 13 under Section 18-230 the county clerk shall use only any new 14 rate or rate increase applicable to the library funds and the 15 part of the rate applicable to the library in determining 16 factors under that Section. The county clerk shall calculate 17 the limiting rate for all other village funds using only the 18 part of the aggregate extension base not applicable to the 19 library, and for any rate increase or decrease factor under 20 Section 18-230 the county clerk shall use only any new rate 21 or rate increase not applicable to the library funds and the 22 part of the rate not applicable to the library in determining 23 factors under that Section. If the county clerk is required 24 to reduce the aggregate extension of the library portion of 25 the levy, the county clerk shall proportionally reduce the 26 extension for each library fund unless otherwise requested by 27 the library board. If the county clerk is required to reduce 28 the aggregate extension of the portion of the levy not 29 applicable to the library, the county clerk shall 30 proportionally reduce the extension for each fund not 31 applicable to the library unless otherwise requested by the 32 village. 33 Beginning with the 1998 levy year upon written direction 34 of a county or township community mental health board, the -3- LRB9011881PTbdam 1 county clerk shall calculate separate limiting rates for the 2 community mental health funds and for the aggregate of the 3 other county or township funds in order to reduce the funds 4 as may be required under provisions of this Law. In 5 calculating the limiting rate for the community mental health 6 funds, the county clerk shall use only the part of the 7 aggregate extension base applicable to the community mental 8 health funds; and for any rate increase or decrease factor 9 under Section 18-230, the county clerk shall use only any new 10 rate or rate increase applicable to the community mental 11 health funds and the part of the rate applicable to the 12 community mental health board in determining factors under 13 that Section. The county clerk shall calculate the limiting 14 rate for all other county or township funds using only the 15 part of the aggregate extension base not applicable to 16 community mental health funds; and for any rate increase or 17 decrease factor under Section 18-230, the county clerk shall 18 use only any new rate or rate increase not applicable to the 19 community mental funds and the part of the rate not 20 applicable to the community mental health board in 21 determining factors under that Section. If the county clerk 22 is required to reduce the aggregate extension of the 23 community mental health board portion of the levy, the county 24 clerk shall proportionally reduce the extension for each 25 community mental health fund unless otherwise directed by the 26 community mental board. If the county clerk is required to 27 reduce the aggregate extension of the portion of the levy not 28 applicable to the community mental health board, the county 29 clerk shall proportionally reduce the extension for each fund 30 not applicable to the community mental health board unless 31 otherwise directed by the county or township. 32 (Source: P.A. 90-339, eff. 8-8-97.) 33 Section 99. Effective date. This Act takes effect upon -4- LRB9011881PTbdam 1 becoming law.".