97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB1299
 
Introduced 02/09/11___________, by 
 
SYNOPSIS AS INTRODUCED:
 

 



35 ILCS 200/18-210

     Amends the Property Tax Extension Limitation Law in the Property Tax Code.  Provides that the question of establishing a maximum aggregate extension may be combined with the question of forming or establishing a new taxing district.  Contains referendum language.
  


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FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB1299LRB097 05239 HLH 45289 b


  
1    AN ACT concerning revenue.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Property Tax Code is amended  by changing 
5Section 18-210 as follows:
 



6    (35 ILCS 200/18-210)



7    Sec. 18-210. Establishing a new levy. Except as provided in 
8Section 18-215,
as it relates to a transfer of a service, 
9before a county clerk may extend
taxes for funds subject to the 
10limitations of this Law, a new taxing district
or a taxing 
11district with an aggregate extension base of zero shall hold a

12referendum establishing a maximum aggregate extension for the 
13levy year. The
maximum aggregate extension is established for 
14the current levy year if a
taxing district has held a 
15referendum before the levy date at which the
majority voting on 
16the issue approves its adoption. The referendum under this

17Section may be held at the same time as the referendum on 
18creating a new taxing
district. The question shall be submitted 
19to the voters at a regularly
scheduled election in accordance 
20with the Election Code
provided that notice of referendum, if 
21held
before July 1, 1999,
has been given in accordance with the 
22provisions of Section
12-5
of the Election Code in effect at 
23the time of the bond referendum, at least
10 and not more than 
 
 
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145 days before the date of
the election, notwithstanding the 
2time for publication otherwise imposed by
Section 12-5.
Notices 
3required in connection with the submission of public questions 
4on or
after
July 1, 1999 shall be as set forth in Section 12-5 
5of the Election Code. The
question shall be submitted
in 
6substantially the
following form:

7-------------------------------------------------------------

8    Under the Property Tax Extension

9Limitation Law, may an                      YES

10aggregate extension not to exceed ...

11(aggregate extension amount) ...        ---------------------

12be made for the ... (taxing

13district name) ... for the                  NO

14... (levy year) ... levy year?

15-------------------------------------------------------------

16If a majority of voters voting on the increase approves the 
17adoption of the
aggregate extension, the extension shall be 
18effective for the levy year
specified.

19    The question of establishing a maximum aggregate extension 
20may be combined with the question of forming or establishing a 
21new taxing district, in which case the question shall be 
22submitted in substantially the
following form: 
23        Shall the (taxing district) be formed (or established) 
24    and have an aggregate extension under the Property Tax 
25    Extension Limitation Law not to exceed (aggregate 
26    extension amount) for the (levy year)? 
 
 
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1    The votes must be recorded as "Yes" or "No". 
2    If a majority of voters voting on the proposition approves 
3it, then the taxing district shall be formed (or established) 
4with the aggregate extension amount for the designated levy 
5year. 
6(Source: P.A. 90-812, eff. 1-26-99; 91-57, eff. 6-30-99.)