House Sponsors: MOFFITT-WOOLARD-COWLISHAW-MITCHELL,JERRY-SMITH,MICHAEL. Senate Sponsors: SIEBEN Short description: SCH CD-AMENDED TAX CERTIFICATE Synopsis of Bill as introduced: Amends the School Code. Changes when a school board may amend a certificate of tax levy to when a change in the assessed valuation resulting from application of the equalization multiplier causes the school district's tax extensions to be less than the maximum permissive tax rate allowed by law or the maximum tax rate allowed by voter approved referendum (instead of when the change in the assessed valuation causes the school district's operating tax rate to be less than that required to qualify for the maximum amount of State aid). Effective immediately. HOUSE AMENDMENT NO. 1. Adds reference to: 35 ILCS 200/18-72 new Amends the Truth in Taxation Law of the Property Tax Code to require a school board to give public notice of and hold a public hearing on its intent to amend the certificate of tax levy. SENATE AMENDMENT NO. 1. Provides that the school board may amend the certificate of tax levy to provide for the maximum amount of tax extensions as limited by the Property Tax Extension Limitation Law. Last action on Bill: PUBLIC ACT.............................. 91-0850 Last action date: 00-06-22 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1 END OF INQUIRY Full Text Bill Status