Date	Chamber	Action
1/9/2007	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/18-125

35 ILCS 200/18-185

35 ILCS 200/18-190

35 ILCS 200/18-195

35 ILCS 200/18-205

35 ILCS 200/18-230 rep.

105 ILCS 5/17-3

from Ch. 122, par. 17-3

Synopsis As Introduced
Amends the Property Tax Code. Makes changes to the form of the ballot proposition to increase a maximum tax rate and makes changes to the information that must be printed on the ballot. In the Property Tax Extension Limitation Law in the Property Tax Code, makes changes to the calculation of the limiting rate after a rate increase or decrease has been approved by referendum and repeals a Section concerning the rate increase or decrease factor. Sets forth procedures that taxing districts must follow whenever seeking referendum approval after April 5, 2005 to (i) levy a new tax rate authorized by statute, (ii) increase the rate extended for any tax the taxing district is authorized to levy and which rate is authorized by statute to be increased by referendum, or (iii) increase the limiting rate applicable to the taxing district (instead of procedures to increase certain maximum tax rates). Makes changes to the information that must be printed on a ballot to increase the extension limitation. Amends the School Code. Provides that a school board in any district having a population of less than 500,000 inhabitants may decrease its annual tax rate for educational purposes by referendum. Makes other changes. Effective immediately.

Actions 

Date	Chamber	Action
11/3/2005	Senate	Filed with Secretary by Sen. Don Harmon
11/3/2005	Senate	First Reading
11/3/2005	Senate	Referred to Rules
11/3/2005	Senate	Added as Chief Co-Sponsor Sen. Pamela J. Althoff
1/9/2007	Senate	Session Sine Die

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