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1 | | "Section 10. The School Code is amended by adding Section |
2 | | 17-2.4a as follows: |
3 | | (105 ILCS 5/17-2.4a new) |
4 | | Sec. 17-2.4a. Tax for area vocational education programs. |
5 | | (a) The school board of any district participating in a |
6 | | joint agreement for an area vocational education center, |
7 | | pursuant to Section 10-22.20a of this Code or the |
8 | | Intergovernmental Cooperation Act, and having a population of |
9 | | less than 500,000 inhabitants may, by proper resolution, levy |
10 | | an annual tax upon the value of the taxable property within its |
11 | | territory, as equalized or assessed by the Department of |
12 | | Revenue, for area vocational education purposes, including but |
13 | | not limited to the purposes authorized by Section 10-22.20a, at |
14 | | a rate of up to 0.04% for a period of 4 tax years following the |
15 | | effective date of this amendatory Act of the 97th General |
16 | | Assembly. |
17 | | (b) Prior to the levy of taxes under this Section for the |
18 | | first time, the school board of each district desiring to make |
19 | | such a levy shall hold 2 public hearings regarding the proposed |
20 | | levy at the vocational education center. Notice of the public |
21 | | hearings shall be given by the school board by (i) posting the |
22 | | notice at the last regularly scheduled meeting of the school |
23 | | board to occur prior to the public hearing and (ii) publishing |
24 | | notice of the public hearing in conformity with the Notice by |
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1 | | Publication Act. If there is no newspaper of general |
2 | | circulation published within the school district and the school |
3 | | district is located in more than one county, then notice shall |
4 | | be published in a newspaper of general circulation published in |
5 | | each county in which any part of the school district is |
6 | | located. The notice shall appear not more than 14 days nor less |
7 | | than 7 days prior to the date of the public hearing. The notice |
8 | | shall not be placed in the portion of the newspaper where legal |
9 | | notices and classified advertisements appear. The notice shall |
10 | | appear before each public hearing. |
11 | | (c) The tax rate limit specified in subsection (a) of this |
12 | | Section may be increased to up to a maximum of 0.08% upon the |
13 | | approval of a proposition submitted at a regularly scheduled |
14 | | election. The proposition may be initiated by resolution and |
15 | | shall be certified by the secretary of the school board to the |
16 | | proper election authorities for submission in accordance with |
17 | | the general election law. If a majority of votes cast on the |
18 | | proposition is in favor thereof, then the school board may |
19 | | annually levy the tax as authorized until such authority is |
20 | | revoked. |
21 | | (d) Any revenue raised by the tax imposed under this |
22 | | Section, including interest earnings thereon, shall be used |
23 | | only for area vocational education center purposes, including |
24 | | but not limited to the purposes authorized by Section |
25 | | 10-22.20a, as well as the construction and maintenance of area |
26 | | vocational center facilities. The district shall distribute |
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1 | | the funds for area vocational center education purposes to the |
2 | | area vocational center within 60 days after receipt, provided |
3 | | that, if the receipts exceed the school districts' liabilities |
4 | | to the area vocational center, the district may retain such |
5 | | excess for application to its liability for area vocational |
6 | | center expenses in subsequent periods. |
7 | | (e) If the school board of any district that has levied a |
8 | | tax authorized by this Section withdraws from the joint |
9 | | agreement for area vocational education purposes, that |
10 | | district shall no longer be authorized to levy an annual tax |
11 | | for area vocational education purposes. Any proceeds from the |
12 | | taxes authorized by this Section, including interest earnings |
13 | | thereon that remain in the school district treasury upon |
14 | | withdrawal from the area vocational center and after paying any |
15 | | liabilities owed such area vocational center shall be used to |
16 | | abate taxes in the ensuing tax cycle or cycles. |
17 | | (f) Any tax imposed under this Section is in addition to |
18 | | all other taxes authorized by law to be levied and collected by |
19 | | a school board of any district participating in a joint |
20 | | agreement for an area vocational education center, and shall |
21 | | not be included within any limitation of rate contained in this |
22 | | Code or any other law. |
23 | | (g) Subsection (a) of this Section becomes inoperative at |
24 | | the end of 4 tax years after the effective date of this |
25 | | amendatory Act of the 97th General Assembly; provided that any |
26 | | taxes levied prior to subsection (a) of this Section becoming |