State of Illinois
92nd General Assembly
Legislation

   [ Search ]   [ PDF text ]   [ Legislation ]   
[ Home ]   [ Back ]   [ Bottom ]



92_SR0426

 
                                              LRB9216798SMdvB

 1                          SENATE RESOLUTION

 2        WHEREAS, Expansion and improvement  of  the  Northeastern
 3    Illinois  region's  aviation capacity has been the subject of
 4    debate for over 25 years; and

 5        WHEREAS, On December 5, 2001, Mayor Richard M. Daley  and
 6    Governor  George  Ryan reached an agreement that will provide
 7    for, among other items, the expansion of O'Hare International
 8    Airport; and

 9        WHEREAS, The  enlargement  of  the  O'Hare  International
10    Airport  land  boundaries  will  result in the acquisition of
11    real property in the O'Hare region; and

12        WHEREAS, Such a change in the ownership status  and  uses
13    of  property  will  have  an  impact  upon  the  property tax
14    structure of the various units of local government and school
15    districts in the region; therefore, be it

16        RESOLVED BY  THE  SENATE  OF  THE  NINETY-SECOND  GENERAL
17    ASSEMBLY  OF  THE  STATE  OF  ILLINOIS, that the Institute of
18    Government and Public Affairs at the University  of  Illinois
19    shall  conduct a study that shall analyze property values and
20    the loss of property taxes on those parcels acquired or to be
21    acquired by the City of Chicago or  any  entity  for  airport
22    expansion  purposes,  including,  but not limited to, airport
23    facilities and  roadway  improvements  at  or  around  O'Hare
24    International Airport; and be it further

25        RESOLVED,  That  the  Institute  of Government and Public
26    Affairs at the University of Illinois shall prepare a  report
27    that  shall contain the following information, including, but
28    not limited to:
29             (1)  the names of the units of local government  and
30        school districts losing property tax dollars;
31             (2)  the  dollar  amount  of  lost property taxes to
 
                            -2-               LRB9216798SMdvB
 1        each unit of local government and school district; and
 2             (3)  the  classification  of  each  parcel  of  real
 3        property acquired by the City of Chicago  or  any  entity
 4        for airport expansion purposes; and be it further

 5        RESOLVED,  That  the  report  shall include the impact on
 6    property values of those parcels whose  boundaries  abut  the
 7    expanded  airport  boundaries  and the impact on the units of
 8    local  government  and  school  districts  affected  by   the
 9    variance in property values; and be it further

10        RESOLVED, That the report shall include the impact on the
11    property  values  of  real property surrounding those parcels
12    abutting the expanded airport boundaries and  the  impact  on
13    the  units  of local government and school districts affected
14    or potentially affected by the expansion; and be it further

15        RESOLVED, That the Institute  of  Government  and  Public
16    Affairs  at  the University of Illinois file the report on or
17    before November 11, 2002 with the Office of the  Governor  of
18    the  State of Illinois, the Mayor of the City of Chicago, the
19    President of the Illinois Senate, the Speaker of the Illinois
20    House of Representatives, the Minority Leader of the Illinois
21    Senate,  the  Minority  Leader  of  the  Illinois  House   of
22    Representatives,  the  Director of the Illinois Department of
23    Revenue, and the State Superintendent of Education; and be it
24    further

25        RESOLVED, That copies of the report shall be  distributed
26    by  the  Illinois Department of Revenue to all units of local
27    government whose tax base is affected or may be  affected  by
28    the  expansion  of  O'Hare  International  Airport and copies
29    shall be distributed by the Illinois State Board of Education
30    to all school districts whose tax base is affected or may  be
31    affected by the expansion of O'Hare International Airport.

[ Top ]