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90_SB1331eng
35 ILCS 200/18-215
Amends the Property Tax Extension Limitation Law in the
Property Tax Code. In the provisions concerning the merging
and consolidating of taxing districts, provides that if the
service and corresponding portion of the aggregate extension
base transferred to a taxing district are for a service for
which the transferee district does not currently levy, the
provisions requiring a referendum to establish a new levy
shall not apply. Effective immediately.
LRB9011195KDks
SB1331 Engrossed LRB9011195KDks
1 AN ACT to amend the Property Tax Code by changing Section
2 18-215.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Property Tax Code is amended by changing
6 Section 18-215 as follows:
7 (35 ILCS 200/18-215)
8 Sec. 18-215. Merging and consolidating taxing districts;
9 transfer of service. For purposes of this Law, when 2 or more
10 taxing districts merge or consolidate, the sum of the last
11 preceding aggregate extensions for each taxing district shall
12 be combined for the resulting merged or consolidated taxing
13 district. When a service performed by one taxing district is
14 transferred to another taxing district, that part of the
15 aggregate extension base for that purpose shall be
16 transferred and added to the aggregate extension base of the
17 transferee taxing district for purposes of this Law and shall
18 be deducted from the aggregate extension base of the
19 transferor taxing district. If the service and corresponding
20 portion of the aggregate extension base transferred to the
21 taxing district are for a service that the transferee
22 district does not currently levy for, the provisions of
23 Section 18-190 of this Law requiring a referendum to
24 establish a new levy shall not apply.
25 (Source: P.A. 87-17; 88-455.)
26 Section 99. Effective date. This Act takes effect upon
27 becoming law.