Illinois General Assembly - Full Text of Public Act 096-1205
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Public Act 096-1205





Public Act 096-1205
SB3265 EnrolledLRB096 20326 HLH 35957 b

    AN ACT in relation to taxes.
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
    Section 1. Short title. This Act may be cited as the Summit
Park District Tax Levy Validation (2010) Act.
    Section 5. Tax levy ordinances of the Summit Park District.
If the Summit Park District has, during the fiscal year
2010-2011, within the time required by law adopted an annual
appropriation ordinance for that year and adopted its annual
tax levy ordinance for the tax year 2010 and duly files the
same with the county clerk of the county in which the district
is located, then any such tax levy ordinance and the taxes
levied and extended pursuant thereto are hereby validated;
however, those taxes are validated only to the extent they do
not exceed the maximum amount the district could have levied
and the county clerk could have extended under the Property Tax
Extension Limitation Law if the Park District had taken into
account the recovered tax increment value from the expiration
of the West Summit TIF in its 2007 tax year levy and subsequent
tax year levies as was permitted by law.
    Section 90. The Property Tax Code is amended by adding
Section 18-198 as follows:
    (35 ILCS 200/18-198 new)
    Sec. 18-198. Summit Park District Tax Levy Validation
(2010) Act. The provisions of the Property Tax Extension
Limitation Law are subject to the Summit Park District Tax Levy
Validation (2010) Act.
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 7/22/2010