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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Counties Code is amended by adding Section | ||||||||||||||||||||||||
5 | 5-1007.5 as follows: | ||||||||||||||||||||||||
6 | (55 ILCS 5/5-1007.5 new) | ||||||||||||||||||||||||
7 | Sec. 5-1007.5. Cook County Taxpayers' Initiative Act. | ||||||||||||||||||||||||
8 | (a) The voters of Cook County may, by initiative petition | ||||||||||||||||||||||||
9 | and referendum, pass a binding measure to modify the rate of | ||||||||||||||||||||||||
10 | any tax imposed under Sections 5-1006 and 5-1007 of this Code. | ||||||||||||||||||||||||
11 | The petition must be signed by a number of voters equal to at | ||||||||||||||||||||||||
12 | least 8% of the votes cast in the county during the last | ||||||||||||||||||||||||
13 | preceding gubernatorial election. The petition shall be | ||||||||||||||||||||||||
14 | submitted to the county board not more than 12 months prior to | ||||||||||||||||||||||||
15 | the general election at which the question will appear on the | ||||||||||||||||||||||||
16 | ballot. The county board shall certify the question to the | ||||||||||||||||||||||||
17 | proper election officials,
who shall submit the question at the | ||||||||||||||||||||||||
18 | next general election in accordance with the Election Code. The | ||||||||||||||||||||||||
19 | question shall be in substantially the following form: | ||||||||||||||||||||||||
20 | "Shall the rate of the retailers' occupation tax and | ||||||||||||||||||||||||
21 | service occupation tax imposed by Cook County be | ||||||||||||||||||||||||
22 | (reduced/increased) from (current rate) to (new rate)?" | ||||||||||||||||||||||||
23 | Votes shall be recorded as "Yes" or "No". If a majority of |
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1 | votes cast on the proposition are in favor of the modification, | ||||||
2 | then the rate shall be modified beginning on the first day of | ||||||
3 | the first month to occur not less than 30 calendar days after | ||||||
4 | the question is submitted to the voters. | ||||||
5 | (b) The voters of Cook County may, by initiative petition | ||||||
6 | and referendum, pass a binding measure to limit the amount of | ||||||
7 | any expenditure made by the county during its next fiscal year. | ||||||
8 | The petition must be signed by a number of voters equal to at | ||||||
9 | least 8% of the votes cast in the county during the last | ||||||
10 | preceding gubernatorial election. The petition shall be | ||||||
11 | submitted to the county board not more than 12 months prior to | ||||||
12 | the general election at which the question will appear on the | ||||||
13 | ballot. The county board shall certify the question to the | ||||||
14 | proper election officials,
who shall submit the question at the | ||||||
15 | next general election in accordance with the Election Code. The | ||||||
16 | question shall be in substantially the following form: | ||||||
17 | "Shall Cook County's expenditure for (state the nature | ||||||
18 | of the expenditure) in (fiscal year) be limited to | ||||||
19 | (percent) of its (previous fiscal year) expenditure for | ||||||
20 | (state the nature of the expenditure)?" | ||||||
21 | Votes shall be recorded as "Yes" or "No". If a majority of | ||||||
22 | votes cast on the proposition are in favor of the limitation, | ||||||
23 | then the expenditure shall be limited as provided in the | ||||||
24 | question. | ||||||
25 | A home rule unit may not regulate taxation and expenditures | ||||||
26 | in a manner that is inconsistent with this Section. This |
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1 | Section is a limitation of home rule powers and functions under | ||||||
2 | subsection (g) of Section 6 of Article VII of the Illinois | ||||||
3 | Constitution.
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4 | Section 99. Effective date. This Act takes effect upon | ||||||
5 | becoming law.
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