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Public Act 096-1396
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| SB2795 Enrolled | LRB096 19617 HLH 35012 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 |
Section 27-75 as follows:
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(35 ILCS 200/27-75)
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Sec. 27-75. Extension of tax levy. If a property tax is |
levied, the tax
shall be extended by the county clerk in the |
special service area in the manner
provided by Articles 1 |
through 26 of this Code based on equalized assessed
values as |
established under Articles 1 through 26. The municipality or |
county
shall file a certified copy of the ordinance creating |
the special service area,
including an accurate map thereof, a |
copy of the public hearing notice, and a description of the |
special services to be provided, with the county clerk. The |
corporate
authorities of the municipality or county may levy |
taxes in the special service
area prior to the date the levy |
must be filed with the county clerk, for the
same year in which |
the ordinance and map are filed with the county clerk. In
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addition, the corporate authorities shall file a certified copy |
of each
ordinance levying taxes in the special service area on |
or before the last
Tuesday of December of each year and shall |
file a certified copy of any
ordinance authorizing the issuance |
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of bonds and providing for a property tax
levy in the area by |
December 31 of the year of the first levy.
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In lieu of or in addition to an ad valorem property tax, a |
special tax may be
levied and extended within the special |
service area on any other basis that
provides a rational |
relationship between the amount of the tax levied against
each |
lot, block, tract and parcel of land in the special service |
area and the
special service benefit rendered. In that case, a |
special tax roll shall be
prepared containing: (a) a |
description of the special services to be provided, (b) an |
explanation of the method of spreading the special
tax, (c)
a |
list of lots, blocks, tracts and parcels of land in the special
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service area,
and (d) the amount assessed against each. The |
special tax roll
shall be included in the ordinance |
establishing the special service area or in
an amendment of the |
ordinance, and shall be filed with the county clerk for use
in |
extending the tax. The lien and foreclosure remedies provided |
in Article 9
of the Illinois Municipal Code shall apply upon |
non-payment of the special tax. |
As an alternative to an ad valorem tax based on the whole |
equalized assessed value of the property, the corporate |
authorities may provide for the ad valorem tax to be extended |
solely upon the equalized assessed value of the land in a |
special service area, without regard to improvements, if the |
equalized assessed value of the land in the special service |
area is at least 75% of the total of the whole equalized |
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assessed value of property within the special service area at |
the time that it was established. If the corporate authorities |
choose to provide for this method of taxation on the land value |
only, then each notice given in connection with the special |
service area must include a statement in substantially the |
following form: "The taxes to be extended shall be upon the |
equalized assessed value of the land in the proposed special |
service area, without regard to improvements.
Section 10-30 of |
this Code does not apply to any property that is part of a |
special service area created under this paragraph, namely, |
property for which the ad valorem taxes are extended solely |
upon the equalized assessed value of the land in the special |
service area, without regard to improvements.
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(Source: P.A. 93-1013, eff. 8-24-04.)
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Section 99. Effective date. This Act takes effect upon |
becoming law. |