Senate Sponsors: FARLEY-O'MALLEY-SEVERNS. Short description: PROP TX-TRUTH IN TAX-SAME DATE Synopsis of Bill as introduced: Amends the Property Tax Code, the Counties Code, the Airport Authorities Act, the Springfield Metropolitan Exposition and Auditorium Act, the Soil and Water Conservation Districts Act, the Conservation Districts Act, the Fire Protection District Act, the Downstate Forest Preserve District Act, the Cook County Forest Preserve District Act, the Public Health District Act, the Hospital District Law, the Museum District Act, the Chicago Park District Act, the River Conservancy District Act, the Sanitary District Act of 1907, the North Shore Sanitary District Act, the Metropolitan Water Reclamation District Act, the Sanitary District Act of 1936, the Public Library District Act of 1991, and the Metro East Sanitary District Act of 1974. Revises the purposes Section of the Truth in Taxation Law in the Property Tax Code to require taxing districts to hold public hearings on their intention to adopt an aggregate levy and to publish their intentions to adopt an aggregate levy in amounts more than 5% or the percentage increase in the Consumer Price Index, whichever is less, over the amount of property taxes extended or estimated to be extended, including any amount abated by the taxing district prior to such extension, upon the final aggregate levy of the preceding year. Sets a uniform date for filing appropriation ordinances. Amends the State Mandates Act to require implementation without reimbursement. Effective January 1, 1998. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status