Sen. John J. Cullerton

Filed: 5/23/2017

 

 


 

 


 
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1
AMENDMENT TO SENATE BILL 482

2    AMENDMENT NO. ______. Amend Senate Bill 482 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Property Tax Code is amended by changing
5Sections 18-185, 18-205, 18-213, and 18-214 and by adding
6Section 18-242 as follows:
 
7    (35 ILCS 200/18-185)
8    (Text of Section before amendment by P.A. 99-521)
9    Sec. 18-185. Short title; definitions. This Division 5 may
10be cited as the Property Tax Extension Limitation Law. As used
11in this Division 5:
12    "Consumer Price Index" means the Consumer Price Index for
13All Urban Consumers for all items published by the United
14States Department of Labor.
15    "Extension limitation", except as otherwise provided in
16this paragraph, means (a) the lesser of 5% or the percentage

 

 

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1increase in the Consumer Price Index during the 12-month
2calendar year preceding the levy year or (b) the rate of
3increase approved by voters under Section 18-205. For levy
4years 2017 and 2018 only, for taxing districts other than
5school districts, "extension limitation" means 0% or the rate
6of increase approved by the voters under Section 18-205. For
7levy years 2017 and 2018, if a special purpose extension (i)
8made for the payment of principal and interest on bonds or
9other evidences of indebtedness issued by the taxing district
10or (ii) made for contributions to a pension fund created under
11the Illinois Pension Code was required to be included in a
12school district's aggregate extension for the 2016 levy year,
13then the extension limitation for those extensions for levy
14years 2017 and 2018 shall be (1) the lesser of 5% or the
15percentage increase in the Consumer Price Index during the
1612-month calendar year preceding the levy year or (2) the rate
17of increase approved by voters under Section 18-205. For levy
18years 2017 and 2018, for school districts that were subject to
19this Law in the 2016 levy year, "extension limitation" means
20(1) the lesser of 5% or the percentage increase in the Consumer
21Price Index during the 12-month calendar year preceding the
22levy year or (2) the rate of increase approved by voters under
23Section 18-205.
24    "Affected county" means a county of 3,000,000 or more
25inhabitants or a county contiguous to a county of 3,000,000 or
26more inhabitants.

 

 

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1    "Taxing district" has the same meaning provided in Section
21-150, except as otherwise provided in this Section. For the
31991 through 1994 levy years only, "taxing district" includes
4only each non-home rule taxing district having the majority of
5its 1990 equalized assessed value within any county or counties
6contiguous to a county with 3,000,000 or more inhabitants.
7Beginning with the 1995 levy year, "taxing district" includes
8only each non-home rule taxing district subject to this Law
9before the 1995 levy year and each non-home rule taxing
10district not subject to this Law before the 1995 levy year
11having the majority of its 1994 equalized assessed value in an
12affected county or counties. Beginning with the levy year in
13which this Law becomes applicable to a taxing district as
14provided in Section 18-213, "taxing district" also includes
15those taxing districts made subject to this Law as provided in
16Section 18-213. For levy years 2017 and 2018, "taxing district"
17has the same meaning provided in Section 1-150, and includes
18home rule units, but does not include the City of Chicago or
19school districts that were not subject to this Law in the 2016
20levy year.
21    "Aggregate extension" for taxing districts to which this
22Law applied before the 1995 levy year means, except with
23respect to levy years 2017 and 2018, the annual corporate
24extension for the taxing district and those special purpose
25extensions that are made annually for the taxing district,
26excluding special purpose extensions: (a) made for the taxing

 

 

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1district to pay interest or principal on general obligation
2bonds that were approved by referendum; (b) made for any taxing
3district to pay interest or principal on general obligation
4bonds issued before October 1, 1991; (c) made for any taxing
5district to pay interest or principal on bonds issued to refund
6or continue to refund those bonds issued before October 1,
71991; (d) made for any taxing district to pay interest or
8principal on bonds issued to refund or continue to refund bonds
9issued after October 1, 1991 that were approved by referendum;
10(e) made for any taxing district to pay interest or principal
11on revenue bonds issued before October 1, 1991 for payment of
12which a property tax levy or the full faith and credit of the
13unit of local government is pledged; however, a tax for the
14payment of interest or principal on those bonds shall be made
15only after the governing body of the unit of local government
16finds that all other sources for payment are insufficient to
17make those payments; (f) made for payments under a building
18commission lease when the lease payments are for the retirement
19of bonds issued by the commission before October 1, 1991, to
20pay for the building project; (g) made for payments due under
21installment contracts entered into before October 1, 1991; (h)
22made for payments of principal and interest on bonds issued
23under the Metropolitan Water Reclamation District Act to
24finance construction projects initiated before October 1,
251991; (i) made for payments of principal and interest on
26limited bonds, as defined in Section 3 of the Local Government

 

 

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1Debt Reform Act, in an amount not to exceed the debt service
2extension base less the amount in items (b), (c), (e), and (h)
3of this definition for non-referendum obligations, except
4obligations initially issued pursuant to referendum; (j) made
5for payments of principal and interest on bonds issued under
6Section 15 of the Local Government Debt Reform Act; (k) made by
7a school district that participates in the Special Education
8District of Lake County, created by special education joint
9agreement under Section 10-22.31 of the School Code, for
10payment of the school district's share of the amounts required
11to be contributed by the Special Education District of Lake
12County to the Illinois Municipal Retirement Fund under Article
137 of the Illinois Pension Code; the amount of any extension
14under this item (k) shall be certified by the school district
15to the county clerk; (l) made to fund expenses of providing
16joint recreational programs for persons with disabilities
17under Section 5-8 of the Park District Code or Section 11-95-14
18of the Illinois Municipal Code; (m) made for temporary
19relocation loan repayment purposes pursuant to Sections 2-3.77
20and 17-2.2d of the School Code; (n) made for payment of
21principal and interest on any bonds issued under the authority
22of Section 17-2.2d of the School Code; (o) made for
23contributions to a firefighter's pension fund created under
24Article 4 of the Illinois Pension Code, to the extent of the
25amount certified under item (5) of Section 4-134 of the
26Illinois Pension Code; and (p) made for road purposes in the

 

 

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1first year after a township assumes the rights, powers, duties,
2assets, property, liabilities, obligations, and
3responsibilities of a road district abolished under the
4provisions of Section 6-133 of the Illinois Highway Code. For
5levy years 2017 and 2018, this definition of "aggregate
6extension" applies to each school district that was subject to
7this definition of "aggregate extension" for the 2016 levy
8year.
9    "Aggregate extension" for the taxing districts to which
10this Law did not apply before the 1995 levy year (except taxing
11districts subject to this Law in accordance with Section
1218-213) means, except with respect to levy years 2017 and 2018,
13the annual corporate extension for the taxing district and
14those special purpose extensions that are made annually for the
15taxing district, excluding special purpose extensions: (a)
16made for the taxing district to pay interest or principal on
17general obligation bonds that were approved by referendum; (b)
18made for any taxing district to pay interest or principal on
19general obligation bonds issued before March 1, 1995; (c) made
20for any taxing district to pay interest or principal on bonds
21issued to refund or continue to refund those bonds issued
22before March 1, 1995; (d) made for any taxing district to pay
23interest or principal on bonds issued to refund or continue to
24refund bonds issued after March 1, 1995 that were approved by
25referendum; (e) made for any taxing district to pay interest or
26principal on revenue bonds issued before March 1, 1995 for

 

 

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1payment of which a property tax levy or the full faith and
2credit of the unit of local government is pledged; however, a
3tax for the payment of interest or principal on those bonds
4shall be made only after the governing body of the unit of
5local government finds that all other sources for payment are
6insufficient to make those payments; (f) made for payments
7under a building commission lease when the lease payments are
8for the retirement of bonds issued by the commission before
9March 1, 1995 to pay for the building project; (g) made for
10payments due under installment contracts entered into before
11March 1, 1995; (h) made for payments of principal and interest
12on bonds issued under the Metropolitan Water Reclamation
13District Act to finance construction projects initiated before
14October 1, 1991; (h-4) made for stormwater management purposes
15by the Metropolitan Water Reclamation District of Greater
16Chicago under Section 12 of the Metropolitan Water Reclamation
17District Act; (i) made for payments of principal and interest
18on limited bonds, as defined in Section 3 of the Local
19Government Debt Reform Act, in an amount not to exceed the debt
20service extension base less the amount in items (b), (c), and
21(e) of this definition for non-referendum obligations, except
22obligations initially issued pursuant to referendum and bonds
23described in subsection (h) of this definition; (j) made for
24payments of principal and interest on bonds issued under
25Section 15 of the Local Government Debt Reform Act; (k) made
26for payments of principal and interest on bonds authorized by

 

 

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1Public Act 88-503 and issued under Section 20a of the Chicago
2Park District Act for aquarium or museum projects; (l) made for
3payments of principal and interest on bonds authorized by
4Public Act 87-1191 or 93-601 and (i) issued pursuant to Section
521.2 of the Cook County Forest Preserve District Act, (ii)
6issued under Section 42 of the Cook County Forest Preserve
7District Act for zoological park projects, or (iii) issued
8under Section 44.1 of the Cook County Forest Preserve District
9Act for botanical gardens projects; (m) made pursuant to
10Section 34-53.5 of the School Code, whether levied annually or
11not; (n) made to fund expenses of providing joint recreational
12programs for persons with disabilities under Section 5-8 of the
13Park District Code or Section 11-95-14 of the Illinois
14Municipal Code; (o) made by the Chicago Park District for
15recreational programs for persons with disabilities under
16subsection (c) of Section 7.06 of the Chicago Park District
17Act; (p) made for contributions to a firefighter's pension fund
18created under Article 4 of the Illinois Pension Code, to the
19extent of the amount certified under item (5) of Section 4-134
20of the Illinois Pension Code; and (q) made by Ford Heights
21School District 169 under Section 17-9.02 of the School Code.
22For levy years 2017 and 2018, this definition of "aggregate
23extension" applies to each school district that was subject to
24this definition of "aggregate extension" for the 2016 levy
25year.
26    "Aggregate extension" for all taxing districts to which

 

 

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1this Law applies in accordance with Section 18-213, except for
2those taxing districts subject to paragraph (2) of subsection
3(e) of Section 18-213, means, except with respect to levy years
42017 and 2018, the annual corporate extension for the taxing
5district and those special purpose extensions that are made
6annually for the taxing district, excluding special purpose
7extensions: (a) made for the taxing district to pay interest or
8principal on general obligation bonds that were approved by
9referendum; (b) made for any taxing district to pay interest or
10principal on general obligation bonds issued before the date on
11which the referendum making this Law applicable to the taxing
12district is held; (c) made for any taxing district to pay
13interest or principal on bonds issued to refund or continue to
14refund those bonds issued before the date on which the
15referendum making this Law applicable to the taxing district is
16held; (d) made for any taxing district to pay interest or
17principal on bonds issued to refund or continue to refund bonds
18issued after the date on which the referendum making this Law
19applicable to the taxing district is held if the bonds were
20approved by referendum after the date on which the referendum
21making this Law applicable to the taxing district is held; (e)
22made for any taxing district to pay interest or principal on
23revenue bonds issued before the date on which the referendum
24making this Law applicable to the taxing district is held for
25payment of which a property tax levy or the full faith and
26credit of the unit of local government is pledged; however, a

 

 

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1tax for the payment of interest or principal on those bonds
2shall be made only after the governing body of the unit of
3local government finds that all other sources for payment are
4insufficient to make those payments; (f) made for payments
5under a building commission lease when the lease payments are
6for the retirement of bonds issued by the commission before the
7date on which the referendum making this Law applicable to the
8taxing district is held to pay for the building project; (g)
9made for payments due under installment contracts entered into
10before the date on which the referendum making this Law
11applicable to the taxing district is held; (h) made for
12payments of principal and interest on limited bonds, as defined
13in Section 3 of the Local Government Debt Reform Act, in an
14amount not to exceed the debt service extension base less the
15amount in items (b), (c), and (e) of this definition for
16non-referendum obligations, except obligations initially
17issued pursuant to referendum; (i) made for payments of
18principal and interest on bonds issued under Section 15 of the
19Local Government Debt Reform Act; (j) made for a qualified
20airport authority to pay interest or principal on general
21obligation bonds issued for the purpose of paying obligations
22due under, or financing airport facilities required to be
23acquired, constructed, installed or equipped pursuant to,
24contracts entered into before March 1, 1996 (but not including
25any amendments to such a contract taking effect on or after
26that date); (k) made to fund expenses of providing joint

 

 

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1recreational programs for persons with disabilities under
2Section 5-8 of the Park District Code or Section 11-95-14 of
3the Illinois Municipal Code; (l) made for contributions to a
4firefighter's pension fund created under Article 4 of the
5Illinois Pension Code, to the extent of the amount certified
6under item (5) of Section 4-134 of the Illinois Pension Code;
7and (m) made for the taxing district to pay interest or
8principal on general obligation bonds issued pursuant to
9Section 19-3.10 of the School Code. For levy years 2017 and
102018, this definition of "aggregate extension" applies to each
11school district that was subject to this definition of
12"aggregate extension" for the 2016 levy year.
13    "Aggregate extension" for all taxing districts to which
14this Law applies in accordance with paragraph (2) of subsection
15(e) of Section 18-213 means, except with respect to levy years
162017 and 2018, the annual corporate extension for the taxing
17district and those special purpose extensions that are made
18annually for the taxing district, excluding special purpose
19extensions: (a) made for the taxing district to pay interest or
20principal on general obligation bonds that were approved by
21referendum; (b) made for any taxing district to pay interest or
22principal on general obligation bonds issued before the
23effective date of this amendatory Act of 1997; (c) made for any
24taxing district to pay interest or principal on bonds issued to
25refund or continue to refund those bonds issued before the
26effective date of this amendatory Act of 1997; (d) made for any

 

 

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1taxing district to pay interest or principal on bonds issued to
2refund or continue to refund bonds issued after the effective
3date of this amendatory Act of 1997 if the bonds were approved
4by referendum after the effective date of this amendatory Act
5of 1997; (e) made for any taxing district to pay interest or
6principal on revenue bonds issued before the effective date of
7this amendatory Act of 1997 for payment of which a property tax
8levy or the full faith and credit of the unit of local
9government is pledged; however, a tax for the payment of
10interest or principal on those bonds shall be made only after
11the governing body of the unit of local government finds that
12all other sources for payment are insufficient to make those
13payments; (f) made for payments under a building commission
14lease when the lease payments are for the retirement of bonds
15issued by the commission before the effective date of this
16amendatory Act of 1997 to pay for the building project; (g)
17made for payments due under installment contracts entered into
18before the effective date of this amendatory Act of 1997; (h)
19made for payments of principal and interest on limited bonds,
20as defined in Section 3 of the Local Government Debt Reform
21Act, in an amount not to exceed the debt service extension base
22less the amount in items (b), (c), and (e) of this definition
23for non-referendum obligations, except obligations initially
24issued pursuant to referendum; (i) made for payments of
25principal and interest on bonds issued under Section 15 of the
26Local Government Debt Reform Act; (j) made for a qualified

 

 

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1airport authority to pay interest or principal on general
2obligation bonds issued for the purpose of paying obligations
3due under, or financing airport facilities required to be
4acquired, constructed, installed or equipped pursuant to,
5contracts entered into before March 1, 1996 (but not including
6any amendments to such a contract taking effect on or after
7that date); (k) made to fund expenses of providing joint
8recreational programs for persons with disabilities under
9Section 5-8 of the Park District Code or Section 11-95-14 of
10the Illinois Municipal Code; and (l) made for contributions to
11a firefighter's pension fund created under Article 4 of the
12Illinois Pension Code, to the extent of the amount certified
13under item (5) of Section 4-134 of the Illinois Pension Code.
14For levy years 2017 and 2018, this definition of "aggregate
15extension" applies to each school district that was subject to
16this definition of "aggregate extension" for the 2016 levy
17year.
18    "Aggregate extension", except with respect to school
19districts, for levy years 2017 and 2018, means the annual
20corporate extension for the taxing district and those special
21purpose extensions that are made annually for the taxing
22district, excluding special purpose extensions: (a) made for
23the payment of principal and interest on bonds or other
24evidences of indebtedness issued by the taxing district; or (b)
25made for contributions to a pension fund created under the
26Illinois Pension Code. Notwithstanding the provisions of this

 

 

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1definition of "aggregate extension", if a special purpose
2extension (i) made for the payment of principal and interest on
3bonds or other evidences of indebtedness issued by the taxing
4district or (ii) made for contributions to a pension fund
5created under the Illinois Pension Code was required to be
6included in a taxing district's aggregate extension for the
72016 levy year, then that special purpose extension is also
8included in the taxing district's aggregate extension for levy
9years 2017 and 2018; provided that the extension limitation for
10those extensions for levy years 2017 and 2018 shall be (1) the
11lesser of 5% or the percentage increase in the Consumer Price
12Index during the 12-month calendar year preceding the levy year
13or (2) the rate of increase approved by voters under Section
1418-205.
15    "Debt service extension base" means an amount equal to that
16portion of the extension for a taxing district for the 1994
17levy year, or for those taxing districts subject to this Law in
18accordance with Section 18-213, except for those subject to
19paragraph (2) of subsection (e) of Section 18-213, for the levy
20year in which the referendum making this Law applicable to the
21taxing district is held, or for those taxing districts subject
22to this Law in accordance with paragraph (2) of subsection (e)
23of Section 18-213 for the 1996 levy year, or for those taxing
24districts that become subject to this Law as a result of this
25amendatory Act of the 100th General Assembly for the 2016 levy
26year, constituting an extension for payment of principal and

 

 

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1interest on bonds issued by the taxing district without
2referendum, but not including excluded non-referendum bonds.
3For park districts (i) that were first subject to this Law in
41991 or 1995 and (ii) whose extension for the 1994 levy year
5for the payment of principal and interest on bonds issued by
6the park district without referendum (but not including
7excluded non-referendum bonds) was less than 51% of the amount
8for the 1991 levy year constituting an extension for payment of
9principal and interest on bonds issued by the park district
10without referendum (but not including excluded non-referendum
11bonds), "debt service extension base" means an amount equal to
12that portion of the extension for the 1991 levy year
13constituting an extension for payment of principal and interest
14on bonds issued by the park district without referendum (but
15not including excluded non-referendum bonds). A debt service
16extension base established or increased at any time pursuant to
17any provision of this Law, except Section 18-212, shall be
18increased each year commencing with the later of (i) the 2009
19levy year or (ii) the first levy year in which this Law becomes
20applicable to the taxing district, by the lesser of 5% or the
21percentage increase in the Consumer Price Index during the
2212-month calendar year preceding the levy year. The debt
23service extension base may be established or increased as
24provided under Section 18-212. "Excluded non-referendum bonds"
25means (i) bonds authorized by Public Act 88-503 and issued
26under Section 20a of the Chicago Park District Act for aquarium

 

 

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1and museum projects; (ii) bonds issued under Section 15 of the
2Local Government Debt Reform Act; or (iii) refunding
3obligations issued to refund or to continue to refund
4obligations initially issued pursuant to referendum.
5    "Special purpose extensions" include, but are not limited
6to, extensions for levies made on an annual basis for
7unemployment and workers' compensation, self-insurance,
8contributions to pension plans, and extensions made pursuant to
9Section 6-601 of the Illinois Highway Code for a road
10district's permanent road fund whether levied annually or not.
11The extension for a special service area is not included in the
12aggregate extension.
13    "Aggregate extension base" means the taxing district's
14last preceding aggregate extension as adjusted under Sections
1518-135, 18-215, and 18-230. An adjustment under Section 18-135
16shall be made for the 2007 levy year and all subsequent levy
17years whenever one or more counties within which a taxing
18district is located (i) used estimated valuations or rates when
19extending taxes in the taxing district for the last preceding
20levy year that resulted in the over or under extension of
21taxes, or (ii) increased or decreased the tax extension for the
22last preceding levy year as required by Section 18-135(c).
23Whenever an adjustment is required under Section 18-135, the
24aggregate extension base of the taxing district shall be equal
25to the amount that the aggregate extension of the taxing
26district would have been for the last preceding levy year if

 

 

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1either or both (i) actual, rather than estimated, valuations or
2rates had been used to calculate the extension of taxes for the
3last levy year, or (ii) the tax extension for the last
4preceding levy year had not been adjusted as required by
5subsection (c) of Section 18-135. In the case of a home rule
6taxing district, the aggregate extension base for 2017 shall
7not include any amounts included in that taxing district's
8annual corporate extension for the 2016 levy year and expended
9for (i) the payment of principal and interest on bonds or other
10evidences of indebtedness issued by the home rule unit or (ii)
11contributions to a pension fund created under the Illinois
12Pension Code, and any special purpose extensions made by a home
13rule unit for those purposes in levy year 2017 or 2018 are not
14included in the district's aggregate extension and shall not be
15subject to the limitations of this Law.
16    Notwithstanding any other provision of law, for levy year
172012, the aggregate extension base for West Northfield School
18District No. 31 in Cook County shall be $12,654,592.
19    "Levy year" has the same meaning as "year" under Section
201-155.
21    "New property" means (i) the assessed value, after final
22board of review or board of appeals action, of new improvements
23or additions to existing improvements on any parcel of real
24property that increase the assessed value of that real property
25during the levy year multiplied by the equalization factor
26issued by the Department under Section 17-30, (ii) the assessed

 

 

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1value, after final board of review or board of appeals action,
2of real property not exempt from real estate taxation, which
3real property was exempt from real estate taxation for any
4portion of the immediately preceding levy year, multiplied by
5the equalization factor issued by the Department under Section
617-30, including the assessed value, upon final stabilization
7of occupancy after new construction is complete, of any real
8property located within the boundaries of an otherwise or
9previously exempt military reservation that is intended for
10residential use and owned by or leased to a private corporation
11or other entity, (iii) in counties that classify in accordance
12with Section 4 of Article IX of the Illinois Constitution, an
13incentive property's additional assessed value resulting from
14a scheduled increase in the level of assessment as applied to
15the first year final board of review market value, and (iv) any
16increase in assessed value due to oil or gas production from an
17oil or gas well required to be permitted under the Hydraulic
18Fracturing Regulatory Act that was not produced in or accounted
19for during the previous levy year. In addition, the county
20clerk in a county containing a population of 3,000,000 or more
21shall include in the 1997 recovered tax increment value for any
22school district, any recovered tax increment value that was
23applicable to the 1995 tax year calculations.
24    "Qualified airport authority" means an airport authority
25organized under the Airport Authorities Act and located in a
26county bordering on the State of Wisconsin and having a

 

 

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1population in excess of 200,000 and not greater than 500,000.
2    "Recovered tax increment value" means, except as otherwise
3provided in this paragraph, the amount of the current year's
4equalized assessed value, in the first year after a
5municipality terminates the designation of an area as a
6redevelopment project area previously established under the
7Tax Increment Allocation Development Act in the Illinois
8Municipal Code, previously established under the Industrial
9Jobs Recovery Law in the Illinois Municipal Code, previously
10established under the Economic Development Project Area Tax
11Increment Act of 1995, or previously established under the
12Economic Development Area Tax Increment Allocation Act, of each
13taxable lot, block, tract, or parcel of real property in the
14redevelopment project area over and above the initial equalized
15assessed value of each property in the redevelopment project
16area. For the taxes which are extended for the 1997 levy year,
17the recovered tax increment value for a non-home rule taxing
18district that first became subject to this Law for the 1995
19levy year because a majority of its 1994 equalized assessed
20value was in an affected county or counties shall be increased
21if a municipality terminated the designation of an area in 1993
22as a redevelopment project area previously established under
23the Tax Increment Allocation Development Act in the Illinois
24Municipal Code, previously established under the Industrial
25Jobs Recovery Law in the Illinois Municipal Code, or previously
26established under the Economic Development Area Tax Increment

 

 

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1Allocation Act, by an amount equal to the 1994 equalized
2assessed value of each taxable lot, block, tract, or parcel of
3real property in the redevelopment project area over and above
4the initial equalized assessed value of each property in the
5redevelopment project area. In the first year after a
6municipality removes a taxable lot, block, tract, or parcel of
7real property from a redevelopment project area established
8under the Tax Increment Allocation Development Act in the
9Illinois Municipal Code, the Industrial Jobs Recovery Law in
10the Illinois Municipal Code, or the Economic Development Area
11Tax Increment Allocation Act, "recovered tax increment value"
12means the amount of the current year's equalized assessed value
13of each taxable lot, block, tract, or parcel of real property
14removed from the redevelopment project area over and above the
15initial equalized assessed value of that real property before
16removal from the redevelopment project area.
17    Except as otherwise provided in this Section, "limiting
18rate" means a fraction the numerator of which is the last
19preceding aggregate extension base times an amount equal to one
20plus the extension limitation defined in this Section and the
21denominator of which is the current year's equalized assessed
22value of all real property in the territory under the
23jurisdiction of the taxing district during the prior levy year.
24For those taxing districts that reduced their aggregate
25extension for the last preceding levy year, the highest
26aggregate extension in any of the last 3 preceding levy years

 

 

10000SB0482sam001- 21 -LRB100 05146 HLH 26842 a

1shall be used for the purpose of computing the limiting rate.
2The denominator shall not include new property or the recovered
3tax increment value. If a new rate, a rate decrease, or a
4limiting rate increase has been approved at an election held
5after March 21, 2006, then (i) the otherwise applicable
6limiting rate shall be increased by the amount of the new rate
7or shall be reduced by the amount of the rate decrease, as the
8case may be, or (ii) in the case of a limiting rate increase,
9the limiting rate shall be equal to the rate set forth in the
10proposition approved by the voters for each of the years
11specified in the proposition, after which the limiting rate of
12the taxing district shall be calculated as otherwise provided.
13In the case of a taxing district that obtained referendum
14approval for an increased limiting rate on March 20, 2012, the
15limiting rate for tax year 2012 shall be the rate that
16generates the approximate total amount of taxes extendable for
17that tax year, as set forth in the proposition approved by the
18voters; this rate shall be the final rate applied by the county
19clerk for the aggregate of all capped funds of the district for
20tax year 2012.
21(Source: P.A. 98-6, eff. 3-29-13; 98-23, eff. 6-17-13; 99-143,
22eff. 7-27-15.)
 
23    (Text of Section after amendment by P.A. 99-521)
24    Sec. 18-185. Short title; definitions. This Division 5 may
25be cited as the Property Tax Extension Limitation Law. As used

 

 

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1in this Division 5:
2    "Consumer Price Index" means the Consumer Price Index for
3All Urban Consumers for all items published by the United
4States Department of Labor.
5    "Extension limitation", except as otherwise provided in
6this paragraph, means (a) the lesser of 5% or the percentage
7increase in the Consumer Price Index during the 12-month
8calendar year preceding the levy year or (b) the rate of
9increase approved by voters under Section 18-205. For levy
10years 2017 and 2018 only, for taxing districts other than
11school districts, "extension limitation" means 0% or the rate
12of increase approved by the voters under Section 18-205. For
13levy years 2017 and 2018, if a special purpose extension (i)
14made for the payment of principal and interest on bonds or
15other evidences of indebtedness issued by the taxing district
16or (ii) made for contributions to a pension fund created under
17the Illinois Pension Code was required to be included in a
18school district's aggregate extension for the 2016 levy year,
19then the extension limitation for those extensions for levy
20years 2017 and 2018 shall be (1) the lesser of 5% or the
21percentage increase in the Consumer Price Index during the
2212-month calendar year preceding the levy year or (2) the rate
23of increase approved by voters under Section 18-205. For levy
24years 2017 and 2018, for school districts that were subject to
25this Law in the 2016 levy year, "extension limitation" means
26(1) the lesser of 5% or the percentage increase in the Consumer

 

 

10000SB0482sam001- 23 -LRB100 05146 HLH 26842 a

1Price Index during the 12-month calendar year preceding the
2levy year or (2) the rate of increase approved by voters under
3Section 18-205.
4    "Affected county" means a county of 3,000,000 or more
5inhabitants or a county contiguous to a county of 3,000,000 or
6more inhabitants.
7    "Taxing district" has the same meaning provided in Section
81-150, except as otherwise provided in this Section. For the
91991 through 1994 levy years only, "taxing district" includes
10only each non-home rule taxing district having the majority of
11its 1990 equalized assessed value within any county or counties
12contiguous to a county with 3,000,000 or more inhabitants.
13Beginning with the 1995 levy year, "taxing district" includes
14only each non-home rule taxing district subject to this Law
15before the 1995 levy year and each non-home rule taxing
16district not subject to this Law before the 1995 levy year
17having the majority of its 1994 equalized assessed value in an
18affected county or counties. Beginning with the levy year in
19which this Law becomes applicable to a taxing district as
20provided in Section 18-213, "taxing district" also includes
21those taxing districts made subject to this Law as provided in
22Section 18-213. For levy years 2017 and 2018, "taxing district"
23has the same meaning provided in Section 1-150, and includes
24home rule units, but does not include the City of Chicago or
25school districts that were not subject to this Law in the 2016
26levy year.

 

 

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1    "Aggregate extension" for taxing districts to which this
2Law applied before the 1995 levy year means, except with
3respect to levy years 2017 and 2018, the annual corporate
4extension for the taxing district and those special purpose
5extensions that are made annually for the taxing district,
6excluding special purpose extensions: (a) made for the taxing
7district to pay interest or principal on general obligation
8bonds that were approved by referendum; (b) made for any taxing
9district to pay interest or principal on general obligation
10bonds issued before October 1, 1991; (c) made for any taxing
11district to pay interest or principal on bonds issued to refund
12or continue to refund those bonds issued before October 1,
131991; (d) made for any taxing district to pay interest or
14principal on bonds issued to refund or continue to refund bonds
15issued after October 1, 1991 that were approved by referendum;
16(e) made for any taxing district to pay interest or principal
17on revenue bonds issued before October 1, 1991 for payment of
18which a property tax levy or the full faith and credit of the
19unit of local government is pledged; however, a tax for the
20payment of interest or principal on those bonds shall be made
21only after the governing body of the unit of local government
22finds that all other sources for payment are insufficient to
23make those payments; (f) made for payments under a building
24commission lease when the lease payments are for the retirement
25of bonds issued by the commission before October 1, 1991, to
26pay for the building project; (g) made for payments due under

 

 

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1installment contracts entered into before October 1, 1991; (h)
2made for payments of principal and interest on bonds issued
3under the Metropolitan Water Reclamation District Act to
4finance construction projects initiated before October 1,
51991; (i) made for payments of principal and interest on
6limited bonds, as defined in Section 3 of the Local Government
7Debt Reform Act, in an amount not to exceed the debt service
8extension base less the amount in items (b), (c), (e), and (h)
9of this definition for non-referendum obligations, except
10obligations initially issued pursuant to referendum; (j) made
11for payments of principal and interest on bonds issued under
12Section 15 of the Local Government Debt Reform Act; (k) made by
13a school district that participates in the Special Education
14District of Lake County, created by special education joint
15agreement under Section 10-22.31 of the School Code, for
16payment of the school district's share of the amounts required
17to be contributed by the Special Education District of Lake
18County to the Illinois Municipal Retirement Fund under Article
197 of the Illinois Pension Code; the amount of any extension
20under this item (k) shall be certified by the school district
21to the county clerk; (l) made to fund expenses of providing
22joint recreational programs for persons with disabilities
23under Section 5-8 of the Park District Code or Section 11-95-14
24of the Illinois Municipal Code; (m) made for temporary
25relocation loan repayment purposes pursuant to Sections 2-3.77
26and 17-2.2d of the School Code; (n) made for payment of

 

 

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1principal and interest on any bonds issued under the authority
2of Section 17-2.2d of the School Code; (o) made for
3contributions to a firefighter's pension fund created under
4Article 4 of the Illinois Pension Code, to the extent of the
5amount certified under item (5) of Section 4-134 of the
6Illinois Pension Code; and (p) made for road purposes in the
7first year after a township assumes the rights, powers, duties,
8assets, property, liabilities, obligations, and
9responsibilities of a road district abolished under the
10provisions of Section 6-133 of the Illinois Highway Code. For
11levy years 2017 and 2018, this definition of "aggregate
12extension" applies to each school district that was subject to
13this definition of "aggregate extension" for the 2016 levy
14year.
15    "Aggregate extension" for the taxing districts to which
16this Law did not apply before the 1995 levy year (except taxing
17districts subject to this Law in accordance with Section
1818-213) means, except with respect to levy years 2017 and 2018,
19the annual corporate extension for the taxing district and
20those special purpose extensions that are made annually for the
21taxing district, excluding special purpose extensions: (a)
22made for the taxing district to pay interest or principal on
23general obligation bonds that were approved by referendum; (b)
24made for any taxing district to pay interest or principal on
25general obligation bonds issued before March 1, 1995; (c) made
26for any taxing district to pay interest or principal on bonds

 

 

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1issued to refund or continue to refund those bonds issued
2before March 1, 1995; (d) made for any taxing district to pay
3interest or principal on bonds issued to refund or continue to
4refund bonds issued after March 1, 1995 that were approved by
5referendum; (e) made for any taxing district to pay interest or
6principal on revenue bonds issued before March 1, 1995 for
7payment of which a property tax levy or the full faith and
8credit of the unit of local government is pledged; however, a
9tax for the payment of interest or principal on those bonds
10shall be made only after the governing body of the unit of
11local government finds that all other sources for payment are
12insufficient to make those payments; (f) made for payments
13under a building commission lease when the lease payments are
14for the retirement of bonds issued by the commission before
15March 1, 1995 to pay for the building project; (g) made for
16payments due under installment contracts entered into before
17March 1, 1995; (h) made for payments of principal and interest
18on bonds issued under the Metropolitan Water Reclamation
19District Act to finance construction projects initiated before
20October 1, 1991; (h-4) made for stormwater management purposes
21by the Metropolitan Water Reclamation District of Greater
22Chicago under Section 12 of the Metropolitan Water Reclamation
23District Act; (i) made for payments of principal and interest
24on limited bonds, as defined in Section 3 of the Local
25Government Debt Reform Act, in an amount not to exceed the debt
26service extension base less the amount in items (b), (c), and

 

 

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1(e) of this definition for non-referendum obligations, except
2obligations initially issued pursuant to referendum and bonds
3described in subsection (h) of this definition; (j) made for
4payments of principal and interest on bonds issued under
5Section 15 of the Local Government Debt Reform Act; (k) made
6for payments of principal and interest on bonds authorized by
7Public Act 88-503 and issued under Section 20a of the Chicago
8Park District Act for aquarium or museum projects; (l) made for
9payments of principal and interest on bonds authorized by
10Public Act 87-1191 or 93-601 and (i) issued pursuant to Section
1121.2 of the Cook County Forest Preserve District Act, (ii)
12issued under Section 42 of the Cook County Forest Preserve
13District Act for zoological park projects, or (iii) issued
14under Section 44.1 of the Cook County Forest Preserve District
15Act for botanical gardens projects; (m) made pursuant to
16Section 34-53.5 of the School Code, whether levied annually or
17not; (n) made to fund expenses of providing joint recreational
18programs for persons with disabilities under Section 5-8 of the
19Park District Code or Section 11-95-14 of the Illinois
20Municipal Code; (o) made by the Chicago Park District for
21recreational programs for persons with disabilities under
22subsection (c) of Section 7.06 of the Chicago Park District
23Act; (p) made for contributions to a firefighter's pension fund
24created under Article 4 of the Illinois Pension Code, to the
25extent of the amount certified under item (5) of Section 4-134
26of the Illinois Pension Code; (q) made by Ford Heights School

 

 

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1District 169 under Section 17-9.02 of the School Code; and (r)
2made for the purpose of making employer contributions to the
3Public School Teachers' Pension and Retirement Fund of Chicago
4under Section 34-53 of the School Code. For levy years 2017 and
52018, this definition of "aggregate extension" applies to each
6school district that was subject to this definition of
7"aggregate extension" for the 2016 levy year.
8    "Aggregate extension" for all taxing districts to which
9this Law applies in accordance with Section 18-213, except for
10those taxing districts subject to paragraph (2) of subsection
11(e) of Section 18-213, means, except with respect to levy years
122017 and 2018, the annual corporate extension for the taxing
13district and those special purpose extensions that are made
14annually for the taxing district, excluding special purpose
15extensions: (a) made for the taxing district to pay interest or
16principal on general obligation bonds that were approved by
17referendum; (b) made for any taxing district to pay interest or
18principal on general obligation bonds issued before the date on
19which the referendum making this Law applicable to the taxing
20district is held; (c) made for any taxing district to pay
21interest or principal on bonds issued to refund or continue to
22refund those bonds issued before the date on which the
23referendum making this Law applicable to the taxing district is
24held; (d) made for any taxing district to pay interest or
25principal on bonds issued to refund or continue to refund bonds
26issued after the date on which the referendum making this Law

 

 

10000SB0482sam001- 30 -LRB100 05146 HLH 26842 a

1applicable to the taxing district is held if the bonds were
2approved by referendum after the date on which the referendum
3making this Law applicable to the taxing district is held; (e)
4made for any taxing district to pay interest or principal on
5revenue bonds issued before the date on which the referendum
6making this Law applicable to the taxing district is held for
7payment of which a property tax levy or the full faith and
8credit of the unit of local government is pledged; however, a
9tax for the payment of interest or principal on those bonds
10shall be made only after the governing body of the unit of
11local government finds that all other sources for payment are
12insufficient to make those payments; (f) made for payments
13under a building commission lease when the lease payments are
14for the retirement of bonds issued by the commission before the
15date on which the referendum making this Law applicable to the
16taxing district is held to pay for the building project; (g)
17made for payments due under installment contracts entered into
18before the date on which the referendum making this Law
19applicable to the taxing district is held; (h) made for
20payments of principal and interest on limited bonds, as defined
21in Section 3 of the Local Government Debt Reform Act, in an
22amount not to exceed the debt service extension base less the
23amount in items (b), (c), and (e) of this definition for
24non-referendum obligations, except obligations initially
25issued pursuant to referendum; (i) made for payments of
26principal and interest on bonds issued under Section 15 of the

 

 

10000SB0482sam001- 31 -LRB100 05146 HLH 26842 a

1Local Government Debt Reform Act; (j) made for a qualified
2airport authority to pay interest or principal on general
3obligation bonds issued for the purpose of paying obligations
4due under, or financing airport facilities required to be
5acquired, constructed, installed or equipped pursuant to,
6contracts entered into before March 1, 1996 (but not including
7any amendments to such a contract taking effect on or after
8that date); (k) made to fund expenses of providing joint
9recreational programs for persons with disabilities under
10Section 5-8 of the Park District Code or Section 11-95-14 of
11the Illinois Municipal Code; (l) made for contributions to a
12firefighter's pension fund created under Article 4 of the
13Illinois Pension Code, to the extent of the amount certified
14under item (5) of Section 4-134 of the Illinois Pension Code;
15and (m) made for the taxing district to pay interest or
16principal on general obligation bonds issued pursuant to
17Section 19-3.10 of the School Code. For levy years 2017 and
182018, this definition of "aggregate extension" applies to each
19school district that was subject to this definition of
20"aggregate extension" for the 2016 levy year.
21    "Aggregate extension" for all taxing districts to which
22this Law applies in accordance with paragraph (2) of subsection
23(e) of Section 18-213 means, except with respect to levy years
242017 and 2018, the annual corporate extension for the taxing
25district and those special purpose extensions that are made
26annually for the taxing district, excluding special purpose

 

 

10000SB0482sam001- 32 -LRB100 05146 HLH 26842 a

1extensions: (a) made for the taxing district to pay interest or
2principal on general obligation bonds that were approved by
3referendum; (b) made for any taxing district to pay interest or
4principal on general obligation bonds issued before the
5effective date of this amendatory Act of 1997; (c) made for any
6taxing district to pay interest or principal on bonds issued to
7refund or continue to refund those bonds issued before the
8effective date of this amendatory Act of 1997; (d) made for any
9taxing district to pay interest or principal on bonds issued to
10refund or continue to refund bonds issued after the effective
11date of this amendatory Act of 1997 if the bonds were approved
12by referendum after the effective date of this amendatory Act
13of 1997; (e) made for any taxing district to pay interest or
14principal on revenue bonds issued before the effective date of
15this amendatory Act of 1997 for payment of which a property tax
16levy or the full faith and credit of the unit of local
17government is pledged; however, a tax for the payment of
18interest or principal on those bonds shall be made only after
19the governing body of the unit of local government finds that
20all other sources for payment are insufficient to make those
21payments; (f) made for payments under a building commission
22lease when the lease payments are for the retirement of bonds
23issued by the commission before the effective date of this
24amendatory Act of 1997 to pay for the building project; (g)
25made for payments due under installment contracts entered into
26before the effective date of this amendatory Act of 1997; (h)

 

 

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1made for payments of principal and interest on limited bonds,
2as defined in Section 3 of the Local Government Debt Reform
3Act, in an amount not to exceed the debt service extension base
4less the amount in items (b), (c), and (e) of this definition
5for non-referendum obligations, except obligations initially
6issued pursuant to referendum; (i) made for payments of
7principal and interest on bonds issued under Section 15 of the
8Local Government Debt Reform Act; (j) made for a qualified
9airport authority to pay interest or principal on general
10obligation bonds issued for the purpose of paying obligations
11due under, or financing airport facilities required to be
12acquired, constructed, installed or equipped pursuant to,
13contracts entered into before March 1, 1996 (but not including
14any amendments to such a contract taking effect on or after
15that date); (k) made to fund expenses of providing joint
16recreational programs for persons with disabilities under
17Section 5-8 of the Park District Code or Section 11-95-14 of
18the Illinois Municipal Code; and (l) made for contributions to
19a firefighter's pension fund created under Article 4 of the
20Illinois Pension Code, to the extent of the amount certified
21under item (5) of Section 4-134 of the Illinois Pension Code.
22For levy years 2017 and 2018, this definition of "aggregate
23extension" applies to each school district that was subject to
24this definition of "aggregate extension" for the 2016 levy
25year.
26    "Aggregate extension", except with respect to school

 

 

10000SB0482sam001- 34 -LRB100 05146 HLH 26842 a

1districts, for levy years 2017 and 2018, means the annual
2corporate extension for the taxing district and those special
3purpose extensions that are made annually for the taxing
4district, excluding special purpose extensions: (a) made for
5the payment of principal and interest on bonds or other
6evidences of indebtedness issued by the taxing district; or (b)
7made for contributions to a pension fund created under the
8Illinois Pension Code. Notwithstanding the provisions of this
9definition of "aggregate extension", if a special purpose
10extension (i) made for the payment of principal and interest on
11bonds or other evidences of indebtedness issued by the taxing
12district or (ii) made for contributions to a pension fund
13created under the Illinois Pension Code was required to be
14included in a taxing district's aggregate extension for the
152016 levy year, then that special purpose extension is also
16included in the taxing district's aggregate extension for levy
17years 2017 and 2018; provided that the extension limitation for
18those extensions for levy years 2017 and 2018 shall be (1) the
19lesser of 5% or the percentage increase in the Consumer Price
20Index during the 12-month calendar year preceding the levy year
21or (2) the rate of increase approved by voters under Section
2218-205.
23    "Debt service extension base" means an amount equal to that
24portion of the extension for a taxing district for the 1994
25levy year, or for those taxing districts subject to this Law in
26accordance with Section 18-213, except for those subject to

 

 

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1paragraph (2) of subsection (e) of Section 18-213, for the levy
2year in which the referendum making this Law applicable to the
3taxing district is held, or for those taxing districts subject
4to this Law in accordance with paragraph (2) of subsection (e)
5of Section 18-213 for the 1996 levy year, or for those taxing
6districts that become subject to this Law as a result of this
7amendatory Act of the 100th General Assembly for the 2016 levy
8year, constituting an extension for payment of principal and
9interest on bonds issued by the taxing district without
10referendum, but not including excluded non-referendum bonds.
11For park districts (i) that were first subject to this Law in
121991 or 1995 and (ii) whose extension for the 1994 levy year
13for the payment of principal and interest on bonds issued by
14the park district without referendum (but not including
15excluded non-referendum bonds) was less than 51% of the amount
16for the 1991 levy year constituting an extension for payment of
17principal and interest on bonds issued by the park district
18without referendum (but not including excluded non-referendum
19bonds), "debt service extension base" means an amount equal to
20that portion of the extension for the 1991 levy year
21constituting an extension for payment of principal and interest
22on bonds issued by the park district without referendum (but
23not including excluded non-referendum bonds). A debt service
24extension base established or increased at any time pursuant to
25any provision of this Law, except Section 18-212, shall be
26increased each year commencing with the later of (i) the 2009

 

 

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1levy year or (ii) the first levy year in which this Law becomes
2applicable to the taxing district, by the lesser of 5% or the
3percentage increase in the Consumer Price Index during the
412-month calendar year preceding the levy year. The debt
5service extension base may be established or increased as
6provided under Section 18-212. "Excluded non-referendum bonds"
7means (i) bonds authorized by Public Act 88-503 and issued
8under Section 20a of the Chicago Park District Act for aquarium
9and museum projects; (ii) bonds issued under Section 15 of the
10Local Government Debt Reform Act; or (iii) refunding
11obligations issued to refund or to continue to refund
12obligations initially issued pursuant to referendum.
13    "Special purpose extensions" include, but are not limited
14to, extensions for levies made on an annual basis for
15unemployment and workers' compensation, self-insurance,
16contributions to pension plans, and extensions made pursuant to
17Section 6-601 of the Illinois Highway Code for a road
18district's permanent road fund whether levied annually or not.
19The extension for a special service area is not included in the
20aggregate extension.
21    "Aggregate extension base" means the taxing district's
22last preceding aggregate extension as adjusted under Sections
2318-135, 18-215, and 18-230. An adjustment under Section 18-135
24shall be made for the 2007 levy year and all subsequent levy
25years whenever one or more counties within which a taxing
26district is located (i) used estimated valuations or rates when

 

 

10000SB0482sam001- 37 -LRB100 05146 HLH 26842 a

1extending taxes in the taxing district for the last preceding
2levy year that resulted in the over or under extension of
3taxes, or (ii) increased or decreased the tax extension for the
4last preceding levy year as required by Section 18-135(c).
5Whenever an adjustment is required under Section 18-135, the
6aggregate extension base of the taxing district shall be equal
7to the amount that the aggregate extension of the taxing
8district would have been for the last preceding levy year if
9either or both (i) actual, rather than estimated, valuations or
10rates had been used to calculate the extension of taxes for the
11last levy year, or (ii) the tax extension for the last
12preceding levy year had not been adjusted as required by
13subsection (c) of Section 18-135. In the case of a home rule
14taxing district, the aggregate extension base for 2017 shall
15not include any amounts included in that taxing district's
16annual corporate extension for the 2016 levy year and expended
17for (i) the payment of principal and interest on bonds or other
18evidences of indebtedness issued by the home rule unit or (ii)
19contributions to a pension fund created under the Illinois
20Pension Code, and any special purpose extensions made by a home
21rule unit for those purposes in levy year 2017 or 2018 are not
22included in the district's aggregate extension and shall not be
23subject to the limitations of this Law.
24    Notwithstanding any other provision of law, for levy year
252012, the aggregate extension base for West Northfield School
26District No. 31 in Cook County shall be $12,654,592.

 

 

10000SB0482sam001- 38 -LRB100 05146 HLH 26842 a

1    "Levy year" has the same meaning as "year" under Section
21-155.
3    "New property" means (i) the assessed value, after final
4board of review or board of appeals action, of new improvements
5or additions to existing improvements on any parcel of real
6property that increase the assessed value of that real property
7during the levy year multiplied by the equalization factor
8issued by the Department under Section 17-30, (ii) the assessed
9value, after final board of review or board of appeals action,
10of real property not exempt from real estate taxation, which
11real property was exempt from real estate taxation for any
12portion of the immediately preceding levy year, multiplied by
13the equalization factor issued by the Department under Section
1417-30, including the assessed value, upon final stabilization
15of occupancy after new construction is complete, of any real
16property located within the boundaries of an otherwise or
17previously exempt military reservation that is intended for
18residential use and owned by or leased to a private corporation
19or other entity, (iii) in counties that classify in accordance
20with Section 4 of Article IX of the Illinois Constitution, an
21incentive property's additional assessed value resulting from
22a scheduled increase in the level of assessment as applied to
23the first year final board of review market value, and (iv) any
24increase in assessed value due to oil or gas production from an
25oil or gas well required to be permitted under the Hydraulic
26Fracturing Regulatory Act that was not produced in or accounted

 

 

10000SB0482sam001- 39 -LRB100 05146 HLH 26842 a

1for during the previous levy year. In addition, the county
2clerk in a county containing a population of 3,000,000 or more
3shall include in the 1997 recovered tax increment value for any
4school district, any recovered tax increment value that was
5applicable to the 1995 tax year calculations.
6    "Qualified airport authority" means an airport authority
7organized under the Airport Authorities Act and located in a
8county bordering on the State of Wisconsin and having a
9population in excess of 200,000 and not greater than 500,000.
10    "Recovered tax increment value" means, except as otherwise
11provided in this paragraph, the amount of the current year's
12equalized assessed value, in the first year after a
13municipality terminates the designation of an area as a
14redevelopment project area previously established under the
15Tax Increment Allocation Development Act in the Illinois
16Municipal Code, previously established under the Industrial
17Jobs Recovery Law in the Illinois Municipal Code, previously
18established under the Economic Development Project Area Tax
19Increment Act of 1995, or previously established under the
20Economic Development Area Tax Increment Allocation Act, of each
21taxable lot, block, tract, or parcel of real property in the
22redevelopment project area over and above the initial equalized
23assessed value of each property in the redevelopment project
24area. For the taxes which are extended for the 1997 levy year,
25the recovered tax increment value for a non-home rule taxing
26district that first became subject to this Law for the 1995

 

 

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1levy year because a majority of its 1994 equalized assessed
2value was in an affected county or counties shall be increased
3if a municipality terminated the designation of an area in 1993
4as a redevelopment project area previously established under
5the Tax Increment Allocation Development Act in the Illinois
6Municipal Code, previously established under the Industrial
7Jobs Recovery Law in the Illinois Municipal Code, or previously
8established under the Economic Development Area Tax Increment
9Allocation Act, by an amount equal to the 1994 equalized
10assessed value of each taxable lot, block, tract, or parcel of
11real property in the redevelopment project area over and above
12the initial equalized assessed value of each property in the
13redevelopment project area. In the first year after a
14municipality removes a taxable lot, block, tract, or parcel of
15real property from a redevelopment project area established
16under the Tax Increment Allocation Development Act in the
17Illinois Municipal Code, the Industrial Jobs Recovery Law in
18the Illinois Municipal Code, or the Economic Development Area
19Tax Increment Allocation Act, "recovered tax increment value"
20means the amount of the current year's equalized assessed value
21of each taxable lot, block, tract, or parcel of real property
22removed from the redevelopment project area over and above the
23initial equalized assessed value of that real property before
24removal from the redevelopment project area.
25    Except as otherwise provided in this Section, "limiting
26rate" means a fraction the numerator of which is the last

 

 

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1preceding aggregate extension base times an amount equal to one
2plus the extension limitation defined in this Section and the
3denominator of which is the current year's equalized assessed
4value of all real property in the territory under the
5jurisdiction of the taxing district during the prior levy year.
6For those taxing districts that reduced their aggregate
7extension for the last preceding levy year, the highest
8aggregate extension in any of the last 3 preceding levy years
9shall be used for the purpose of computing the limiting rate.
10The denominator shall not include new property or the recovered
11tax increment value. If a new rate, a rate decrease, or a
12limiting rate increase has been approved at an election held
13after March 21, 2006, then (i) the otherwise applicable
14limiting rate shall be increased by the amount of the new rate
15or shall be reduced by the amount of the rate decrease, as the
16case may be, or (ii) in the case of a limiting rate increase,
17the limiting rate shall be equal to the rate set forth in the
18proposition approved by the voters for each of the years
19specified in the proposition, after which the limiting rate of
20the taxing district shall be calculated as otherwise provided.
21In the case of a taxing district that obtained referendum
22approval for an increased limiting rate on March 20, 2012, the
23limiting rate for tax year 2012 shall be the rate that
24generates the approximate total amount of taxes extendable for
25that tax year, as set forth in the proposition approved by the
26voters; this rate shall be the final rate applied by the county

 

 

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1clerk for the aggregate of all capped funds of the district for
2tax year 2012.
3(Source: P.A. 98-6, eff. 3-29-13; 98-23, eff. 6-17-13; 99-143,
4eff. 7-27-15; 99-521, eff. 6-1-17.)
 
5    (35 ILCS 200/18-205)
6    Sec. 18-205. Referendum to increase the extension
7limitation.
8    (a) A taxing district is limited to an extension limitation
9as defined in Section 18-185 of 5% or the percentage increase
10in the Consumer Price Index during the 12-month calendar year
11preceding the levy year, whichever is less. A taxing district
12may increase its extension limitation for one or more levy
13years if that taxing district holds a referendum before the
14levy date for the first levy year at which a majority of voters
15voting on the issue approves adoption of a higher extension
16limitation. Referenda shall be conducted at a regularly
17scheduled election in accordance with the Election Code.
18    (b) The question shall be presented in substantially the
19following manner for all elections held after March 21, 2006:
20        Shall the extension limitation under the Property Tax
21    Extension Limitation Law for (insert the legal name,
22    number, if any, and county or counties of the taxing
23    district and geographic or other common name by which a
24    school or community college district is known and referred
25    to), Illinois, be increased from (applicable extension

 

 

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1    limitation set forth in Section 18-185) the lesser of 5% or
2    the percentage increase in the Consumer Price Index over
3    the prior levy year to (insert the percentage of the
4    proposed increase)% per year for (insert each levy year for
5    which the increased extension limitation will apply)?
6    (c) The votes must be recorded as "Yes" or "No".
7If a majority of voters voting on the issue approves the
8adoption of the increase, the increase shall be applicable for
9each levy year specified.
10    (d) The ballot for any question submitted pursuant to this
11Section shall have printed thereon, but not as a part of the
12question submitted, only the following supplemental
13information (which shall be supplied to the election authority
14by the taxing district) in substantially the following form:
15        (1) For the (insert the first levy year for which the
16    increased extension limitation will be applicable) levy
17    year the approximate amount of the additional tax
18    extendable against property containing a single family
19    residence and having a fair market value at the time of the
20    referendum of $100,000 is estimated to be $....
21        (2) Based upon an average annual percentage increase
22    (or decrease) in the market value of such property of ...%
23    (insert percentage equal to the average annual percentage
24    increase or decrease for the prior 3 levy years, at the
25    time the submission of the question is initiated by the
26    taxing district, in the amount of (A) the equalized

 

 

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1    assessed value of the taxable property in the taxing
2    district less (B) the new property included in the
3    equalized assessed value), the approximate amount of the
4    additional tax extendable against such property for the ...
5    levy year is estimated to be $... and for the ... levy year
6    is estimated to be $....
7    Paragraph (2) shall be included only if the increased
8extension limitation will be applicable for more than one year
9and shall list each levy year for which the increased extension
10limitation will be applicable. The additional tax shown for
11each levy year shall be the approximate dollar amount of the
12increase over the amount of the most recently completed
13extension at the time the submission of the question is
14initiated by the taxing district. The approximate amount of the
15additional tax extendable shown in paragraphs (1) and (2) shall
16be calculated by multiplying $100,000 (the fair market value of
17the property without regard to any property tax exemptions) by
18(i) the percentage level of assessment prescribed for that
19property by statute, or by ordinance of the county board in
20counties that classify property for purposes of taxation in
21accordance with Section 4 of Article IX of the Illinois
22Constitution; (ii) the most recent final equalization factor
23certified to the county clerk by the Department of Revenue at
24the time the taxing district initiates the submission of the
25proposition to the electors; (iii) the last known aggregate
26extension base of the taxing district at the time the

 

 

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1submission of the question is initiated by the taxing district;
2and (iv) the difference between the percentage increase
3proposed in the question and the otherwise applicable extension
4limitation under Section 18-185 the lesser of 5% or the
5percentage increase in the Consumer Price Index for the prior
6levy year (or an estimate of the percentage increase for the
7prior levy year if the increase is unavailable at the time the
8submission of the question is initiated by the taxing
9district); and dividing the result by the last known equalized
10assessed value of the taxing district at the time the
11submission of the question is initiated by the taxing district.
12This amendatory Act of the 97th General Assembly is intended to
13clarify the existing requirements of this Section, and shall
14not be construed to validate any prior non-compliant referendum
15language. Any notice required to be published in connection
16with the submission of the question shall also contain this
17supplemental information and shall not contain any other
18supplemental information. Any error, miscalculation, or
19inaccuracy in computing any amount set forth on the ballot or
20in the notice that is not deliberate shall not invalidate or
21affect the validity of any proposition approved. Notice of the
22referendum shall be published and posted as otherwise required
23by law, and the submission of the question shall be initiated
24as provided by law.
25(Source: P.A. 97-1087, eff. 8-24-12.)
 

 

 

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1    (35 ILCS 200/18-213)
2    Sec. 18-213. Referenda on applicability of the Property Tax
3Extension Limitation Law.
4    (a) The provisions of this Section do not apply to a taxing
5district subject to this Law because a majority of its 1990
6equalized assessed value is in a county or counties contiguous
7to a county of 3,000,000 or more inhabitants, or because a
8majority of its 1994 equalized assessed value is in an affected
9county and the taxing district was not subject to this Law
10before the 1995 levy year.
11    (b) The county board of a county that is not subject to
12this Law may, by ordinance or resolution, submit to the voters
13of the county the question of whether to make all non-home rule
14taxing districts that have all or a portion of their equalized
15assessed valuation situated in the county subject to this Law
16in the manner set forth in this Section.
17    For purposes of this Section only:
18    "Taxing district" has the same meaning provided in Section
191-150.
20    "Equalized assessed valuation" means the equalized
21assessed valuation for a taxing district for the immediately
22preceding levy year.
23    (c) The ordinance or resolution shall request the
24submission of the proposition at any election, except a
25consolidated primary election, for the purpose of voting for or
26against making the Property Tax Extension Limitation Law

 

 

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1applicable to all non-home rule taxing districts that have all
2or a portion of their equalized assessed valuation situated in
3the county.
4    The question shall be placed on a separate ballot and shall
5be in substantially the following form:
6        Shall the Property Tax Extension Limitation Law (35
7    ILCS 200/18-185 through 18-245), which limits annual
8    property tax extension increases, apply to non-home rule
9    taxing districts with all or a portion of their equalized
10    assessed valuation located in (name of county)?
11Votes on the question shall be recorded as "yes" or "no".
12    (d) The county clerk shall order the proposition submitted
13to the electors of the county at the election specified in the
14ordinance or resolution. If part of the county is under the
15jurisdiction of a board or boards of election commissioners,
16the county clerk shall submit a certified copy of the ordinance
17or resolution to each board of election commissioners, which
18shall order the proposition submitted to the electors of the
19taxing district within its jurisdiction at the election
20specified in the ordinance or resolution.
21    (e) (1) With respect to taxing districts having all of
22    their equalized assessed valuation located in the county,
23    if a majority of the votes cast on the proposition are in
24    favor of the proposition, then this Law becomes applicable
25    to the taxing district beginning on January 1 of the year
26    following the date of the referendum.

 

 

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1        (2) With respect to taxing districts that meet all the
2    following conditions this Law shall become applicable to
3    the taxing district beginning on January 1, 1997. The
4    districts to which this paragraph (2) is applicable
5            (A) do not have all of their equalized assessed
6        valuation located in a single county,
7            (B) have equalized assessed valuation in an
8        affected county,
9            (C) meet the condition that each county, other than
10        an affected county, in which any of the equalized
11        assessed valuation of the taxing district is located
12        has held a referendum under this Section at any
13        election, except a consolidated primary election, held
14        prior to the effective date of this amendatory Act of
15        1997, and
16            (D) have a majority of the district's equalized
17        assessed valuation located in one or more counties in
18        each of which the voters have approved a referendum
19        under this Section prior to the effective date of this
20        amendatory Act of 1997. For purposes of this Section,
21        in determining whether a majority of the equalized
22        assessed valuation of the taxing district is located in
23        one or more counties in which the voters have approved
24        a referendum under this Section, the equalized
25        assessed valuation of the taxing district in any
26        affected county shall be included with the equalized

 

 

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1        assessed value of the taxing district in counties in
2        which the voters have approved the referendum.
3        (3) With respect to taxing districts that do not have
4    all of their equalized assessed valuation located in a
5    single county and to which paragraph (2) of subsection (e)
6    is not applicable, if each county other than an affected
7    county in which any of the equalized assessed valuation of
8    the taxing district is located has held a referendum under
9    this Section at any election, except a consolidated primary
10    election, held in any year and if a majority of the
11    equalized assessed valuation of the taxing district is
12    located in one or more counties that have each approved a
13    referendum under this Section, then this Law shall become
14    applicable to the taxing district on January 1 of the year
15    following the year in which the last referendum in a county
16    in which the taxing district has any equalized assessed
17    valuation is held. For the purposes of this Law, the last
18    referendum shall be deemed to be the referendum making this
19    Law applicable to the taxing district. For purposes of this
20    Section, in determining whether a majority of the equalized
21    assessed valuation of the taxing district is located in one
22    or more counties that have approved a referendum under this
23    Section, the equalized assessed valuation of the taxing
24    district in any affected county shall be included with the
25    equalized assessed value of the taxing district in counties
26    that have approved the referendum.

 

 

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1    (f) Immediately after a referendum is held under this
2Section, the county clerk of the county holding the referendum
3shall give notice of the referendum having been held and its
4results to all taxing districts that have all or a portion of
5their equalized assessed valuation located in the county, the
6county clerk of any other county in which any of the equalized
7assessed valuation of any taxing district is located, and the
8Department of Revenue. After the last referendum affecting a
9multi-county taxing district is held, the Department of Revenue
10shall determine whether the taxing district is subject to this
11Law and, if so, shall notify the taxing district and the county
12clerks of all of the counties in which a portion of the
13equalized assessed valuation of the taxing district is located
14that, beginning the following January 1, the taxing district is
15subject to this Law. For each taxing district subject to
16paragraph (2) of subsection (e) of this Section, the Department
17of Revenue shall notify the taxing district and the county
18clerks of all of the counties in which a portion of the
19equalized assessed valuation of the taxing district is located
20that, beginning January 1, 1997, the taxing district is subject
21to this Law.
22    (g) Referenda held under this Section shall be conducted in
23accordance with the Election Code.
24    (h) Notwithstanding any other provision of law, no
25referenda may be held under this Section with respect to levy
26years 2017 and 2018.

 

 

10000SB0482sam001- 51 -LRB100 05146 HLH 26842 a

1(Source: P.A. 89-510, eff. 7-11-96; 89-718, eff. 3-7-97.)
 
2    (35 ILCS 200/18-214)
3    Sec. 18-214. Referenda on removal of the applicability of
4the Property Tax Extension Limitation Law to non-home rule
5taxing districts.
6    (a) The provisions of this Section do not apply to a taxing
7district that is subject to this Law because a majority of its
81990 equalized assessed value is in a county or counties
9contiguous to a county of 3,000,000 or more inhabitants, or
10because a majority of its 1994 equalized assessed value is in
11an affected county and the taxing district was not subject to
12this Law before the 1995 levy year.
13    (b) For purposes of this Section only:
14    "Taxing district" means any non-home rule taxing district
15that became subject to this Law under Section 18-213 of this
16Law.
17    "Equalized assessed valuation" means the equalized
18assessed valuation for a taxing district for the immediately
19preceding levy year.
20    (c) The county board of a county that became subject to
21this Law by a referendum approved by the voters of the county
22under Section 18-213 may, by ordinance or resolution, in the
23manner set forth in this Section, submit to the voters of the
24county the question of whether this Law applies to all non-home
25rule taxing districts that have all or a portion of their

 

 

10000SB0482sam001- 52 -LRB100 05146 HLH 26842 a

1equalized assessed valuation situated in the county in the
2manner set forth in this Section.
3    (d) The ordinance or resolution shall request the
4submission of the proposition at any election, except a
5consolidated primary election, for the purpose of voting for or
6against the continued application of the Property Tax Extension
7Limitation Law to all non-home rule taxing districts that have
8all or a portion of their equalized assessed valuation situated
9in the county.
10    The question shall be placed on a separate ballot and shall
11be in substantially the following form:
12        Shall the Property Tax Extension Limitation Law (35
13    ILCS 200/18-185 through 35 ILCS 200/18-245), which limits
14    annual property tax extension increases, apply to non-home
15    rule taxing districts with all or a portion of their
16    equalized assessed valuation located in (name of county)?
17Votes on the question shall be recorded as "yes" or "no".
18    (e) The county clerk shall order the proposition submitted
19to the electors of the county at the election specified in the
20ordinance or resolution. If part of the county is under the
21jurisdiction of a board or boards of election commissioners,
22the county clerk shall submit a certified copy of the ordinance
23or resolution to each board of election commissioners, which
24shall order the proposition submitted to the electors of the
25taxing district within its jurisdiction at the election
26specified in the ordinance or resolution.

 

 

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1    (f) With respect to taxing districts having all of their
2equalized assessed valuation located in one county, if a
3majority of the votes cast on the proposition are against the
4proposition, then this Law shall not apply to the taxing
5district beginning on January 1 of the year following the date
6of the referendum.
7    (g) With respect to taxing districts that do not have all
8of their equalized assessed valuation located in a single
9county, if both of the following conditions are met, then this
10Law shall no longer apply to the taxing district beginning on
11January 1 of the year following the date of the referendum.
12        (1) Each county in which the district has any equalized
13    assessed valuation must either, (i) have held a referendum
14    under this Section, (ii) be an affected county, or (iii)
15    have held a referendum under Section 18-213 at which the
16    voters rejected the proposition at the most recent election
17    at which the question was on the ballot in the county.
18        (2) The majority of the equalized assessed valuation of
19    the taxing district, other than any equalized assessed
20    valuation in an affected county, is in one or more counties
21    in which the voters rejected the proposition. For purposes
22    of this Section, in determining whether a majority of the
23    equalized assessed valuation of the taxing district is
24    located in one or more counties in which the voters have
25    rejected the proposition under this Section, the equalized
26    assessed valuation of any taxing district in a county which

 

 

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1    has held a referendum under Section 18-213 at which the
2    voters rejected that proposition, at the most recent
3    election at which the question was on the ballot in the
4    county, will be included with the equalized assessed value
5    of the taxing district in counties in which the voters have
6    rejected the referendum held under this Section.
7    (h) Immediately after a referendum is held under this
8Section, the county clerk of the county holding the referendum
9shall give notice of the referendum having been held and its
10results to all taxing districts that have all or a portion of
11their equalized assessed valuation located in the county, the
12county clerk of any other county in which any of the equalized
13assessed valuation of any such taxing district is located, and
14the Department of Revenue. After the last referendum affecting
15a multi-county taxing district is held, the Department of
16Revenue shall determine whether the taxing district is no
17longer subject to this Law and, if the taxing district is no
18longer subject to this Law, the Department of Revenue shall
19notify the taxing district and the county clerks of all of the
20counties in which a portion of the equalized assessed valuation
21of the taxing district is located that, beginning on January 1
22of the year following the date of the last referendum, the
23taxing district is no longer subject to this Law.
24    (i) Notwithstanding any other provision of law, no
25referenda may be held under this Section with respect to levy
26years 2017 and 2018.

 

 

10000SB0482sam001- 55 -LRB100 05146 HLH 26842 a

1(Source: P.A. 89-718, eff. 3-7-97.)
 
2    (35 ILCS 200/18-242 new)
3    Sec. 18-242. Home rule. This Division 5 is a limitation,
4under subsection (g) of Section 6 of Article VII of the
5Illinois Constitution, on the power of home rule units to tax.
 
6    Section 95. No acceleration or delay. Where this Act makes
7changes in a statute that is represented in this Act by text
8that is not yet or no longer in effect (for example, a Section
9represented by multiple versions), the use of that text does
10not accelerate or delay the taking effect of (i) the changes
11made by this Act or (ii) provisions derived from any other
12Public Act.
 
13    Section 99. Effective date. This Act takes effect upon
14becoming law.".