(75 ILCS 5/3-9) (from Ch. 81, par. 3-9)
Sec. 3-9.
For the purpose of providing money to establish and
replenish a local library working cash fund authorized by Section 4-13,
corporate authorities shall have the power to levy, upon all the taxable
property of a city, village, incorporated town or township, a tax not to
exceed .05% of the value, as equalized or assessed by the Department of
Revenue for the year in which the levy is made. The tax
shall be levied and collected in like manner with other general taxes of
the city, village, incorporated town or township but the collection of
the tax shall not be anticipated by the issuance of any warrants drawn
against the tax. The tax shall be known as the local library working
cash fund tax and shall be set apart in a special fund as prescribed in
Section 4-13. Whenever a tax is first levied under this Section, any
taxpayer in the city, village, incorporated town or township may, within
30 days after the levy is made, file with the corporate authorities a
petition signed by voters of the city, village, incorporated town or
township equal in number to 10% or more of
the registered voters of the city, village, incorporated town or
township requesting the submission of a proposition to the voters of the city,
village, incorporated town or township at an election in accordance with
the general election law. The corporate authority shall certify the
proposition to the proper election officials, who shall submit the
proposition to the voters at an election in accordance with the general
election law. If a majority of the votes cast upon the proposition are in
favor thereof the tax shall thereafter be authorized; if a majority of the
votes cast upon the proposition are against the proposition the tax shall
not be levied.
No municipality or township may levy a tax under this Section for
more than four years but the four years for which any municipality or
township elects to levy such tax need not be consecutive.
(Source: P.A. 87-767.)
|