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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB4322
Introduced , by Rep. Jack D. Franks SYNOPSIS AS INTRODUCED: |
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Amends the Special Service Area Tax Law in the Property Tax Code. Provides that a special service area district may not be created or enlarged, a tax may not be
levied or imposed nor the rate increased, nor may bonds be issued unless that action is authorized by a petition that is signed by at least 51% of the
electors residing within the special service area and by at least 51% of the
owners of record of the land included within the boundaries of the special
service area (currently, the action may be taken unless a petition objecting to the action is filed). Effective immediately.
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FISCAL NOTE ACT MAY APPLY | |
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
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A BILL FOR
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HB4322 |
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LRB095 15547 BDD 41541 b |
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| AN ACT concerning revenue.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Property Tax Code is amended by changing |
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| Section 27-55 as follows:
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| (35 ILCS 200/27-55)
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| Sec. 27-55. Authorization Objection petition. Unless If a |
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| petition that is signed by at least 51% of the
electors |
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| residing within the special service area and by at least 51% of |
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| the
owners of record of the land included within the boundaries |
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| of the special
service area is filed with the municipal clerk |
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| or county clerk, as the case may
be, within 60 days following |
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| the final adjournment of the public hearing,
authorizing |
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| objecting to the creation of the special service district, the |
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| enlargement of
the area, the levy or imposition of a tax or the |
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| issuance of bonds for the
provision of special services to the |
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| area, or to a proposed increase in the tax
rate, the district |
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| shall not be created or enlarged, or the tax shall not be
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| levied or imposed nor the rate increased, or no bonds may be |
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| issued. The
subject matter of the petition shall not be |
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| proposed relative to any
signatories of the petition within the |
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| next 2 years. Each resident of the
special service area |
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| registered to vote at the time of the public hearing held
with |