Illinois General Assembly - Full Text of Public Act 097-1149
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Public Act 097-1149


 

Public Act 1149 97TH GENERAL ASSEMBLY

  
  
  

 


 
Public Act 097-1149
 
HB1299 EnrolledLRB097 05239 HLH 45289 b

    AN ACT concerning revenue.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Property Tax Code is amended by changing
Section 18-210 as follows:
 
    (35 ILCS 200/18-210)
    Sec. 18-210. Establishing a new levy. Except as provided in
Section 18-215, as it relates to a transfer of a service,
before a county clerk may extend taxes for funds subject to the
limitations of this Law, a new taxing district or a taxing
district with an aggregate extension base of zero shall hold a
referendum establishing a maximum aggregate extension for the
levy year. The maximum aggregate extension is established for
the current levy year if a taxing district has held a
referendum before the levy date at which the majority voting on
the issue approves its adoption. The referendum under this
Section may be held at the same time as the referendum on
creating a new taxing district. The question shall be submitted
to the voters at a regularly scheduled election in accordance
with the Election Code provided that notice of referendum, if
held before July 1, 1999, has been given in accordance with the
provisions of Section 12-5 of the Election Code in effect at
the time of the bond referendum, at least 10 and not more than
45 days before the date of the election, notwithstanding the
time for publication otherwise imposed by Section 12-5. Notices
required in connection with the submission of public questions
on or after July 1, 1999 shall be as set forth in Section 12-5
of the Election Code. The question shall be submitted in
substantially the following form:
-------------------------------------------------------------
    Under the Property Tax Extension
Limitation Law, may an                      YES
aggregate extension not to exceed ...
(aggregate extension amount) ...        ---------------------
be made for the ... (taxing
district name) ... for the                  NO
... (levy year) ... levy year?
-------------------------------------------------------------
If a majority of voters voting on the increase approves the
adoption of the aggregate extension, the extension shall be
effective for the levy year specified.
    The question of establishing a maximum aggregate extension
may be combined with the question of forming or establishing a
new taxing district, in which case the question shall be
submitted in substantially the following form:
        Shall the (taxing district) be formed (or established)
    and have an aggregate extension under the Property Tax
    Extension Limitation Law not to exceed (aggregate
    extension amount) for the (levy year)?
    The votes must be recorded as "Yes" or "No".
    If a majority of voters voting on the proposition approves
it, then the taxing district shall be formed (or established)
with the aggregate extension amount for the designated levy
year.
(Source: P.A. 90-812, eff. 1-26-99; 91-57, eff. 6-30-99.)

Effective Date: 6/1/2013