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92_HB0922eng HB0922 Engrossed 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Tax Code is amended by changing 5 Section 18-101.25 as follows: 6 (35 ILCS 200/18-101.25) 7 (Section scheduled to be repealed on January 1, 2003) 8 Sec. 18-101.25.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 Engrossed -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 Engrossed -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 Section 99. Effective date. This Act takes effect upon 9 becoming law.