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91_SB1296enr SB1296 Enrolled LRB9109793SMdv 1 AN ACT concerning taxation. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Property Tax Code is amended by adding 5 Section 15-66 and changing Section 18-101.25 as follows: 6 (35 ILCS 200/15-66 new) 7 Sec. 15-66. Library systems and public library 8 districts. All property used exclusively for public purposes 9 belonging to a library system established under the Illinois 10 Library System Act or belonging to a public library district 11 established under the Public Library District Act of 1991 is 12 exempt. 13 (35 ILCS 200/18-101.25) 14 (Section scheduled to be repealed on January 1, 2003) 15 Sec. 18-101.25. Intent to adopt an aggregate levy; 16 hearing required. Upon making the estimate as provided in 17 Section 18-101.15, the corporate authority shall hold a 18 hearing on its intent to adopt an aggregate levy. Except as 19 otherwise provided in this Section, hearings shall be held 20 according to the following schedule. 21 (1) First Monday in December: Park districts and 22 municipalities. 23 (2) First Tuesday in December: Townships, road 24 districts, and all school districts except high school 25 districts. 26 (3) First Wednesday in December: High school 27 districts and libraries. 28 (4) First Thursday in December: Counties and forest 29 preserve districts. 30 (5) First Friday in December: All other taxing SB1296 Enrolled -2- LRB9109793SMdv 1 districts. 2 All hearings shall be open to the public. The corporate 3 authority of the taxing district shall explain the reasons 4 for the levy and any proposed increase and shall permit 5 persons desiring to be heard an opportunity to present 6 testimony within such reasonable time limits as it shall 7 determine. The hearing shall not coincide with the hearing 8 on the proposed budget. The corporate authority may, 9 however, conduct any other business of the taxing district on 10 the same day. Failure of a taxing district to convene or 11 complete a public hearing on the day prescribed in this 12 Section due to good cause unrelated to inadvertence, 13 including, but not limited to, physical perils such as 14 natural disasters or acts of God, shall not constitute a 15 failure to hold a public hearing under this Division 2.1. In 16 this event, a taxing district may either hold a separate 17 public hearing on its proposed tax levy, or place the hearing 18 on its proposed tax levy on the agenda of the taxing 19 district's next scheduled meeting. In either case, a taxing 20 district shall give notice of the hearing pursuant to 21 Sections 2.02, 2.03, and 2.04 of the Open Meetings Act. 22 For the purpose of permitting the issuance of warrants or 23 notes in anticipation of the taxes to be levied, a taxing 24 district may hold (on any date prior to the first week in 25 December) a hearing on its intent to adopt an aggregate levy. 26 If the estimate of the aggregate levy is more than the amount 27 extended or estimated to be extended, plus any amount abated 28 by the corporate authority prior to the extension, upon the 29 final aggregate levy of the preceding year, exclusive of 30 election costs, notice of this hearing shall be given in the 31 same manner as provided in this Division 2.1. This earlier 32 hearing shall be in addition to, and not instead of, the 33 mandatory December hearing, but may be conducted in 34 conjunction with a regular meeting of the taxing district. SB1296 Enrolled -3- LRB9109793SMdv 1 Any taxing district with a fiscal year beginning on 2 December 1 or any taxing district that is required to adopt a 3 levy ordinance by the first Tuesday in December, for which 4 the hearing day requirement of this Section would conflict 5 with the adoption of its tax levy orandannual appropriation 6 ordinance, or both, may hold a public hearing on its proposed 7 tax levy prior to and instead of the day prescribed in this 8 Section. This public hearing shall be restricted to the 9 proposed tax levy, and no other business of the taxing 10 district shall be discussed or transacted. Notice of the 11 hearing shall be given as provided in Section 18-101.35 of 12 this Division 2.1. 13 (Source: P.A. 91-523, eff. 1-1-00.) 14 Section 90. The State Mandates Act is amended by adding 15 Section 8.24 as follows: 16 (30 ILCS 805/8.24 new) 17 Sec. 8.24. Exempt mandate. Notwithstanding Sections 6 18 and 8 of this Act, no reimbursement by the State is required 19 for the implementation of any mandate created by this 20 amendatory Act of the 91st General Assembly. 21 Section 99. Effective date. This Act takes effect upon 22 becoming law.