House Sponsors: WINTERS. Senate Sponsors: SYVERSON-BURZYNSKI Short description: SCHOOL DISTRICT VALIDATION ACT Synopsis of Bill as introduced: Amends the Property Tax Code. Makes a technical change in a Section concerning taxing districts. SENATE AMENDMENT NO. 1. Deletes reference to: 35 ILCS 300/1-150 Adds reference to: New Act Deletes everything after the enacting clause. Creates the School District Validation (2001) Act. Provides that all taxes levied before the effective date of this amendatory Act by any school district for the purpose of providing funds for the payment of the principal of and interest on bonds issued by that school district for the purpose of implementing equitable remedies ordered by a federal court in litigation involving school desegregation and refunding bonds issued before the effective date of this amendatory Act to refund those bonds are hereby validated, ratified, and confirmed as lawful, valid taxes lawfully levied and fully authorized to be extended for collection against all taxable property in the school district without limitation as to rate or amount, notwithstanding that this levy and extension of unlimited ad valorem taxes was not authorized in accordance with law. Makes similar provision for bonds and refunding bonds issued by the school district for the purpose of funding the costs of the court-ordered equitable remedies and for actions taken by the school district and its board of education to authorize and issue the bonds and refunding bonds and to levy and extend the taxes for the payment of the principal of and interest on the bonds and refunding bonds. Effective immediately. Last action on Bill: PUBLIC ACT.............................. 92-0381 Last action date: AUG-16-2001 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status