SB1294 94TH GENERAL ASSEMBLY

LRB094 06249 BDD 36320 b

94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB1294

Introduced 2/18/2005, by Sen. Don Harmon

SYNOPSIS AS INTRODUCED:

35 ILCS 200/27-87 new

Amends the Special Service Area Tax Law in the Property Tax Code. Provides that a municipality may propose a special service area as provided in this Law for the purpose of providing improvements to any one or more buildings if the improvements are required by municipal ordinance in order to protect the health and safety of workers, tenants, and visitors in the buildings. Sets forth requirements for establishing the special service area.

FISCAL NOTE ACT MAY APPLY

HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Property Tax Code is amended by adding Section 27-87 as follows:

(35 ILCS 200/27-87 new)

Sec. 27-87. Special service areas to protect the health and safety of workers, tenants, and visitors in buildings. A municipality may propose a special service area as provided in this Law for the purpose of providing improvements to any one or more buildings if the improvements are required by municipal ordinance in order to protect the health and safety of workers, tenants, and visitors in the buildings; provided that if the owners of 51% or more of the number of lots, tracts, and parcels of the real estate that are to be subject to the tax file a petition with the clerk of the municipality agreeing with the establishment of a special service area, then the corporate authorities of the municipality shall proceed with the establishment of the special service area. If a petition is not filed or contains an insufficient number of signatures, the corporate authorities of the municipality may not proceed further, and the same establishment of a special service area shall not again be initiated for a period of one year.