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SB1294 Engrossed |
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LRB094 06249 BDD 36320 b |
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| AN ACT concerning revenue.
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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 adding |
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| Section 27-87 as follows: |
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| (35 ILCS 200/27-87 new) |
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| Sec. 27-87. Special service areas to protect the health and |
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| safety of workers, tenants, and visitors in buildings. A |
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| municipality may propose a special service area as provided in |
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| this Law for the purpose of providing improvements to any one |
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| or more buildings if the improvements are required by municipal |
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| ordinance in order to protect the health and safety of workers, |
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| tenants, and visitors in the buildings; provided that if the |
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| owners of 100% of the number of lots, tracts, and parcels of |
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| the real estate that are to be subject to the tax file a |
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| petition with the clerk of the municipality agreeing with the |
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| establishment of a special service area, then the corporate |
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| authorities of the municipality may proceed with the |
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| establishment of the special service area. If a petition is not |
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| filed or contains an insufficient number of signatures, the |
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| corporate authorities of the municipality may not proceed |
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| further, and the same establishment of a special service area |
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| shall not again be initiated for a period of one year.
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