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92_HB0696
LRB9207390NTsb
1 AN ACT in relation to school funding.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The School Code is amended by adding Sections
5 17-0.01 and 34-52.9 as follows:
6 (105 ILCS 5/17-0.01 new)
7 Sec. 17-0.01. Elimination of property taxes for school
8 funding; Committee on Property Tax Reform.
9 (a) Notwithstanding any other law to the contrary, after
10 the 2004 levy year, all school districts established under
11 this Code are prohibited from levying any ad valorem property
12 taxes.
13 (b) There is created the Committee on Property Tax
14 Reform. The Committee shall be composed of the following:
15 (1) The Director of Revenue, or his or her
16 designee.
17 (2) The State Superintendent of Education, or his
18 or her designee.
19 (3) One school superintendent from each of the
20 following regions, all appointed by the Governor:
21 Chicago; Northwest Illinois; Cook County outside of the
22 City of Chicago; counties contiguous to Cook County;
23 central Illinois; and southern Illinois.
24 (4) One representative from the Illinois Federation
25 of Teachers, one from the Illinois Education Association,
26 and one from the Chicago Teachers Union.
27 (5) Two public members appointed by the Governor
28 with expertise in Illinois school finance.
29 (6) The Cook County Assessor.
30 (7) One supervisor of assessments from each of the
31 following regions: northwest Illinois; counties
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1 contiguous to Cook County; central Illinois; and southern
2 Illinois.
3 (8) Two public members appointed by the Governor
4 with expertise in taxation in Illinois.
5 (9) Four members of the Senate, 2 appointed by the
6 President of the Senate and 2 by the Minority Leader of
7 the Senate, and 4 members of the House of
8 Representatives, 2 appointed by the Speaker of the House
9 of Representatives and 2 by the Minority Leader of the
10 House of Representatives.
11 (10) One representative of the Illinois Farm
12 Bureau.
13 (11) One representative of the Taxpayers Federation
14 of Illinois.
15 (c) The Committee shall examine various alternatives to
16 ad valorem property taxes for the funding of schools in
17 Illinois. The Committee shall hold hearings open to the
18 public. The Committee shall issue a final report to the
19 Governor and the General Assembly no later than March 1,
20 2005. The report shall set forth the Committee's
21 recommendations and include a specific plan for replacing
22 funding for schools previously provided by ad valorem
23 property taxes.
24 (d) The Department of Revenue shall make available the
25 necessary staff required by the Committee.
26 (105 ILCS 5/34-52.9 new)
27 Sec. 34-52.9. Elimination of ad valorem property taxes.
28 Notwithstanding any other law to the contrary, after the 2004
29 levy year, all school districts established under this
30 Article are prohibited from levying ad valorem property
31 taxes.
32 Section 99. Effective date. This Act takes effect upon
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1 becoming law.