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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4351
Introduced 02/02/04, by Mark H. Beaubien Jr. SYNOPSIS AS INTRODUCED:
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Amends the Property Tax Code. Requires the county clerks of each county in which there was an under extension to proportionately increase the levy of that taxing district pursuant to a court order if a court, at any time (instead of prior to August 16, 2001, which was the effective date of P.A. 92-377), enters a final judgment that there was an over
extension or under extension of taxes for an overlapping taxing district. Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
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A BILL FOR
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HB4351 |
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LRB093 18954 BDD 44689 b |
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| AN ACT concerning taxes.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Property Tax Code is amended by changing |
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| Section 18-157 as follows:
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| (35 ILCS 200/18-157)
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| Sec. 18-157. Apportionment; tax objections; court |
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| decisions; adjustments
of levies and refunds to tax objectors. |
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| If a court, in any tax objection based
on the apportionment of |
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| an overlapping taxing district under Section 18-155,
for any |
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| year prior to the year of the effective date of this amendatory |
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| Act of
the 92nd General Assembly, enters a final judgment that |
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| there was an over
extension or under extension of taxes for an |
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| overlapping taxing district based
on the apportionment under |
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| Section 18-155 for the year for which the objection
was filed, |
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| the county clerks of each county in which there was an under
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| extension shall proportionately increase the levy of that |
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| taxing district by an
amount specified in the court order in |
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| that county in the subsequent year or in
any subsequent year |
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| following the final judgment of the court. The increase in
the |
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| levy, when extended, shall be set forth as a separate item on |
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| the tax bills
of affected taxpayers. Notwithstanding any other |
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| provision of law, the
increase in the levy and the extension |
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| thereof shall not be subject to any
limitations on levies or |
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| extensions imposed by the School Code or this Code.
The funds |
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| collected pursuant to a levy increase authorized by this |
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| Section
shall be delivered to the county collector of each |
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| county in which there was an
over extension for distribution to |
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| the tax objectors in accordance with the
court order.
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| No person who, under any other provision of this Code, has
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| received any payment in satisfaction of a tax objection based |
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| in whole or in
part on apportionment under Section 18-155 may |