97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB0267
 
Introduced 01/28/11, by Rep. Jack D. Franks
 
SYNOPSIS AS INTRODUCED:
 

 
55 ILCS 5/5-1035.3 new

     Amends the Counties Code.  Provides that  any county may opt out of any tax increase imposed under certain provisions of the Regional Transportation Authority Act, as amended by  P.A. 95-708, that are to be used by the county as provided in that Act. Exempts taxes that are pledged to repay bonds or other long-term debt. Effective immediately.
  


LRB097 06397 KMW 46479 b

FISCAL NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB0267LRB097 06397 KMW 46479 b


  
1    AN ACT concerning local government.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  


 
4    Section 5. The Counties Code is amended  by adding Section 
55-1035.3 as follows:
 
6    (55 ILCS 5/5-1035.3  new)
7    Sec. 5-1035.3. Tax increase opt out.
8    (a) A county, by ordinance or resolution adopted by the 
9county board or by referendum, may opt out of any tax increase 
10imposed pursuant to Section 4.03 of  the Regional Transportation 
11Authority Act, as amended by Public Act 95-708, and to be used 
12by the county as provided in Section 4.03.3 of that Act. If a 
13county opts out of a tax increase, then the tax increase shall 
14no longer be imposed or collected in the county and the county 
15shall no longer receive distributions or any other benefits 
16derived from the imposition of the tax increase.
17    (b) The county board, by resolution, may provide for the 
18submission to the electors the question of whether the county 
19shall opt out of a tax increase. The board shall certify the 
20resolution and proposition to the proper election officials, 
21who shall submit the question to the electors at the 
22consolidated or general election next occurring and in 
23accordance with the general election law. The proposition shall 
 
 
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1be in substantially the following form:
2        Shall the County of (insert name of county) opt out of 
3    (insert description of tax increase)?
4    The votes shall be recorded as "Yes" or "No".
5    If a majority of the electors voting on the proposition 
6vote in favor of it, then the county has opted out of the tax 
7increase. 
8    (c) A county may not opt out of any tax increase under this 
9Section if the proceeds are pledged to make principal or 
10interest payments on bonds or other long-term debt. 

 

11    Section 99. Effective date. This Act takes effect upon 
12becoming law.