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| Public Act 097-1149 | ||||
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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 18-210 as follows:
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(35 ILCS 200/18-210)
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Sec. 18-210. Establishing a new levy. Except as provided in | ||||
Section 18-215,
as it relates to a transfer of a service, | ||||
before a county clerk may extend
taxes for funds subject to the | ||||
limitations of this Law, a new taxing district
or a taxing | ||||
district with an aggregate extension base of zero shall hold a
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referendum establishing a maximum aggregate extension for the | ||||
levy year. The
maximum aggregate extension is established for | ||||
the current levy year if a
taxing district has held a | ||||
referendum before the levy date at which the
majority voting on | ||||
the issue approves its adoption. The referendum under this
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Section may be held at the same time as the referendum on | ||||
creating a new taxing
district. The question shall be submitted | ||||
to the voters at a regularly
scheduled election in accordance | ||||
with the Election Code
provided that notice of referendum, if | ||||
held
before July 1, 1999,
has been given in accordance with the | ||||
provisions of Section
12-5
of the Election Code in effect at | ||||
the time of the bond referendum, at least
10 and not more than | ||||
45 days before the date of
the election, notwithstanding the | ||
time for publication otherwise imposed by
Section 12-5.
Notices | ||
required in connection with the submission of public questions | ||
on or
after
July 1, 1999 shall be as set forth in Section 12-5 | ||
of the Election Code. The
question shall be submitted
in | ||
substantially the
following form:
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Under the Property Tax Extension
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Limitation Law, may an YES
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aggregate extension not to exceed ...
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(aggregate extension amount) ... ---------------------
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be made for the ... (taxing
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district name) ... for the NO
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... (levy year) ... levy year?
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If a majority of voters voting on the increase approves the | ||
adoption of the
aggregate extension, the extension shall be | ||
effective for the levy year
specified.
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The question of establishing a maximum aggregate extension | ||
may be combined with the question of forming or establishing a | ||
new taxing district, in which case the question shall be | ||
submitted in substantially the
following form: | ||
Shall the (taxing district) be formed (or established) | ||
and have an aggregate extension under the Property Tax | ||
Extension Limitation Law not to exceed (aggregate | ||
extension amount) for the (levy year)? | ||
The votes must be recorded as "Yes" or "No". | ||
If a majority of voters voting on the proposition approves | ||
it, then the taxing district shall be formed (or established) | ||
with the aggregate extension amount for the designated levy | ||
year. | ||
(Source: P.A. 90-812, eff. 1-26-99; 91-57, eff. 6-30-99.)
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