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92_HB1709ham001 LRB9204180DHmbam01 1 AMENDMENT TO HOUSE BILL 1709 2 AMENDMENT NO. . Amend House Bill 1709 as follows: 3 on page 1, line 5, by replacing "Section 6-201.7" with 4 "Sections 6-201.7 and 6-508"; and 5 on page 2, below line 22, by inserting the following: 6 "(605 ILCS 5/6-508) (from Ch. 121, par. 6-508) 7 Sec. 6-508. (a) For the purpose of constructing or 8 repairing bridges, culverts, drainage structures or grade 9 separations, including approaches thereto, at the joint 10 expense of a county and a road district and obtaining aid 11 from the county as provided in Section 5-501 of this Code, 12 there may be included in the annual tax levies provided for 13 in Section 6-501 of this Code a tax of not to exceed .05% of 14 the value of all the taxable property in the road district, 15 as equalized or assessed by the Department of Revenue, which 16 tax shall be in addition to and may be in excess of the 17 maximum levy and may be extended at a rate in addition to and 18 in excess of the tax rate for road purposes authorized under 19 Section 6-501 of this Code. 20 Such tax, when collected, shall constitute and be held by 21 the treasurer of the district as a separate fund to be 22 expended for the construction or repair of bridges, culverts, -2- LRB9204180DHmbam01 1 drainage structures or grade separations, including 2 approaches thereto, at the joint expense of the county and 3 the road district. The highway commissioner shall separately 4 specify in the certificate required by Section 6-501 the 5 amount necessary to be raised by taxation for the purpose of 6 constructing or repairing bridges, culverts, drainage 7 structures or grade separations, including approaches 8 thereto, at the joint expense of the county and the road 9 district. Upon the approval by the county board of the 10 amount so certified as provided in Section 6-501 of this 11 Code, the county clerk shall extend the same against the 12 taxable property of the road district, provided the amount 13 thus approved shall not be extended at a rate in excess of 14 .05% of value, as equalized or assessed by the Department of 15 Revenue. 16 When any improvement project for which a tax may be 17 levied under this Section has been ordered as provided in 18 Section 5-501 and the estimated cost of such project to the 19 road district is in excess of the amount that will be 20 realized from the annual tax levy authorized by this Section 21 when extended and collected, then the road district may 22 accumulate the proceeds of such tax for such number of years 23 as may be necessary to acquire the funds necessary to pay the 24 district's share of the cost of such project. In counties in 25 which a property tax extension limitation is imposed under 26 the Property Tax Extension Limitation Law and the imposition 27 of the property tax extension limitation prevents a road 28 district from levying taxes for road purposes at the required 29 rate, a road district may retain its eligibility if, at the 30 time the property tax extension limitation was imposed, the 31 road district was levying at the required rate and continues 32 to levy the maximum allowable amount after the imposition of 33 the property tax extension limitation. It shall not be a 34 valid objection to any subsequent tax levy made under this -3- LRB9204180DHmbam01 1 Section that there remains unexpended money arising from a 2 preceding levy of a prior year because of the accumulation 3 provided for in this Section. 4 The rate limitation imposed by this Section may be 5 increased for a 10 year period to up to 0.25% of the value of 6 all the taxable property in the road district, as equalized 7 or assessed by the Department of Revenue if the proposition 8 for the increased tax rate is submitted under Sections 6-504 9 and 6-505 and receives a majority of all ballots cast on the 10 proposition at the election held under Section 6-505. 11 (b) All surplus funds remaining in the hands of the 12 treasurer of the road district after the completion of any 13 construction or repairing of bridges, culverts, drainage 14 structures or grade separations, including approaches 15 thereto, under this Section, shall be turned over at the 16 request of the highway commissioner, with the written consent 17 of the county superintendent, to the regular road fund of the 18 road district. Upon such request, no further levy under this 19 Section is to be extended by the county clerk unless the 20 proposition authorizing such further levy is submitted under 21 Sections 6-504 and 6-505 and receives a majority of all 22 ballots cast on the proposition at the election held under 23 Section 6-505. 24 (c) The moneys from this tax may also be used for 25 construction and maintenance of bridges, culverts and other 26 drainage facilities, or grade separations, including 27 approaches thereto, on, under, or over the district roads, 28 without joint county funds being involved and without 29 limitation as to size of project, but only if adequate funds 30 are available for all projects for which the road district 31 has petitioned the county for joint participation. If the 32 project size is over $5,000, the road district commissioner 33 shall also obtain the permission of the county engineer. 34 (Source: P.A. 90-110, eff. 7-14-97.)".