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92_HB0922enr HB0922 Enrolled LRB9202624SMdv 1 AN ACT in relation to taxes. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Property Tax Code is amended by changing 5 Sections 18-101.25 and 21-30 as follows: 6 (35 ILCS 200/18-101.25) 7 (Section scheduled to be repealed on January 1, 2003) 8 Sec. 18-101.25. Intent to adopt an aggregate levy; 9 hearing required. Upon making the estimate as provided in 10 Section 18-101.15, the corporate authority shall hold a 11 hearing on its intent to adopt an aggregate levy. Except as 12 otherwise provided in this Section, hearings shall be held at 13 the first regularly scheduled meeting of the taxing district 14 in the month of December or according to the following 15 schedule:.16 (1) First Monday in December: Park districts and 17 municipalities. 18 (2) First Tuesday in December: Townships, road 19 districts, and all school districts except high school 20 districts. 21 (3) First Wednesday in December: High school 22 districts and libraries. 23 (4) First Thursday in December: Counties and forest 24 preserve districts. 25 (5) First Friday in December: All other taxing 26 districts. 27 All hearings shall be open to the public. The corporate 28 authority of the taxing district shall explain the reasons 29 for the levy and any proposed increase and shall permit 30 persons desiring to be heard an opportunity to present 31 testimony within such reasonable time limits as it shall HB0922 Enrolled -2- LRB9202624SMdv 1 determine. The hearing shall not coincide with the hearing 2 on the proposed budget. The corporate authority may, 3 however, conduct any other business of the taxing district on 4 the same day. Failure of a taxing district to convene or 5 complete a public hearing on the day prescribed in this 6 Section due to good cause unrelated to inadvertence, 7 including, but not limited to, physical perils such as 8 natural disasters or acts of God, shall not constitute a 9 failure to hold a public hearing under this Division 2.1. In 10 this event, a taxing district may either hold a separate 11 public hearing on its proposed tax levy, or place the hearing 12 on its proposed tax levy on the agenda of the taxing 13 district's next scheduled meeting. In either case, a taxing 14 district shall give notice of the hearing pursuant to 15 Sections 2.02, 2.03, and 2.04 of the Open Meetings Act. 16 For the purpose of permitting the issuance of warrants or 17 notes in anticipation of the taxes to be levied, a taxing 18 district may hold (on any date prior to the first week in 19 December) a hearing on its intent to adopt an aggregate levy. 20 If the estimate of the aggregate levy is more than the amount 21 extended or estimated to be extended, plus any amount abated 22 by the corporate authority prior to the extension, upon the 23 final aggregate levy of the preceding year, exclusive of 24 election costs, notice of this hearing shall be given in the 25 same manner as provided in this Division 2.1. This earlier 26 hearing shall be in addition to, and not instead of, the 27 mandatory December hearing, but may be conducted in 28 conjunction with a regular meeting of the taxing district. 29 Any taxing district with a fiscal year beginning on 30 December 1 or any taxing district that is required to adopt a 31 levy ordinance by the first Tuesday in December, for which 32 the hearing day requirement of this Section would conflict 33 with the adoption of its tax levy or annual appropriation 34 ordinance, or both, may hold a public hearing on its proposed HB0922 Enrolled -3- LRB9202624SMdv 1 tax levy prior to and instead of the day prescribed in this 2 Section. This public hearing shall be restricted to the 3 proposed tax levy, and no other business of the taxing 4 district shall be discussed or transacted. Notice of the 5 hearing shall be given as provided in Section 18-101.35 of 6 this Division 2.1. 7 (Source: P.A. 91-523, eff. 1-1-00; 91-897, eff. 7-6-00.) 8 (35 ILCS 200/21-30) 9 Sec. 21-30. Accelerated billing. Except as provided in 10 this Section and Section 21-40, in counties with 3,000,000 or 11 more inhabitants, by January 31 annually, estimated tax bills 12 setting out the first installment of property taxes for the 13 preceding year, payable in that year, shall be prepared and 14 mailed. The first installment of taxes on the estimated tax 15 bills shall be computed at 50% of the total of each tax bill 16 for the preceding year. If, prior to the preparation of the 17 estimated tax bills, a certificate of error has been either 18 approved by a court on or before November 30 of the preceding 19 year or certified pursuant to Section 14-15 on or before 20 November 30 of the preceding year, then the first installment 21 of taxes on the estimated tax bills shall be computed at 50% 22 of the total taxes for the preceding year as corrected by the 23 certificate of error. By June 30 annually, actual tax bills 24 shall be prepared and mailed. These bills shall set out total 25 taxes due and the amount of estimated taxes billed in the 26 first installment, and shall state the balance of taxes due 27 for that year as represented by the sum derived from 28 subtracting the amount of the first installment from the 29 total taxes due for that year. 30 The county board may provide by ordinance, in counties 31 with 3,000,000 or more inhabitants, for taxes to be paid in 4 32 installments. For the levy year for which the ordinance is 33 first effective and each subsequent year, estimated tax bills HB0922 Enrolled -4- LRB9202624SMdv 1 setting out the first, second, and third installment of taxes 2 for the preceding year, payable in that year, shall be 3 prepared and mailed not later than the date specified by 4 ordinance. Each installment on estimated tax bills shall be 5 computed at 25% of the total of each tax bill for the 6 preceding year. By the date specified in the ordinance, 7 actual tax bills shall be prepared and mailed. These bills 8 shall set out total taxes due and the amount of estimated 9 taxes billed in the first, second, and third installments and 10 shall state the balance of taxes due for that year as 11 represented by the sum derived from subtracting the amount of 12 the estimated installments from the total taxes due for that 13 year. 14 The county board of any county with less than 3,000,000 15 inhabitants may, by ordinance or resolution, adopt an 16 accelerated method of tax billing. The county board may 17 subsequently rescind the ordinance or resolution and revert 18 to the method otherwise provided for in this Code. 19 Taxes levied on homestead property in which a member of 20 the National Guard or reserves of the armed forces of the 21 United States who was called to active duty on or after 22 August 1, 1990, and who has an ownership interest shall not 23 be deemed delinquent and no interest shall accrue or be 24 charged as a penalty on such taxes due and payable in 1991 or 25 1992 until one year after that member returns to civilian 26 status. 27 (Source: P.A. 87-17; 87-340; 87-895; 88-455.) 28 Section 99. Effective date. This Act takes effect upon 29 becoming law.