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92_HB2025
LRB9205773SMdv
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 changing
5 Section 18-101.35 as follows:
6 (35 ILCS 200/18-101.35)
7 (Section scheduled to be repealed on January 1, 2003)
8 Sec. 18-101.35. Time and form of notice. The notice
9 shall appear not more than 14 days nor less than 7 days
10 before the date of the public hearing. The notice shall be no
11 less than one-eighth page in size, and the smallest type used
12 shall be 12 point and shall be enclosed in a black border no
13 less than one-quarter inch wide. The notice shall not be
14 placed in that portion of the newspaper where legal notices
15 and classified advertisements appear. The notice shall be
16 published in the following form:
17 Notice of Proposed Property Tax Levy for ... (commonly
18 known name of taxing district).
19 I. A public hearing to approve a proposed property tax
20 levy for ... (legal name of the taxing district)... for ...
21 (year) ... will be held on ... (date) ... at ... (time) ...
22 at ... (location).
23 Any person desiring to appear at the public hearing and
24 present testimony to the taxing district may contact ...
25 (name, title, address and telephone number of an appropriate
26 official).
27 II. The corporate and special purpose property taxes
28 extended or abated for ... (preceding year) ... were ...
29 (dollar amount of the final aggregate levy as extended, plus
30 the amount abated by the taxing district prior to extension).
31 The proposed corporate and special purpose property taxes
-2- LRB9205773SMdv
1 to be levied for ... (current year) ... are ... (dollar
2 amount of the proposed aggregate levy). This represents a ...
3 (percentage increase or decrease) ... over the previous year.
4 III. The property taxes extended for debt service and
5 public building commission leases for ... (preceding year)
6 ... were ... (dollar amount of the final aggregate levy as
7 extended, plus the amount abated by the taxing district prior
8 to the extension).
9 The estimated property taxes to be levied for debt
10 service and public building commission leases for ...
11 (current year) ... are ... (dollar amount of estimated
12 aggregate levy). This represents a ... (percentage increase
13 or decrease) ... over the previous year.
14 IV. The total property taxes extended or abated for ...
15 (preceding year) ... were ... (dollar amount).
16 The estimated total property taxes to be levied for ...
17 (current year) ... are ... (dollar amount). This represents
18 a ... (percentage increase or decrease) ... over the previous
19 year. Any notice which includes any information not specified
20 and required by this Article shall be an invalid notice.
21 All hearings shall be open to the public. The corporate
22 authority of the taxing district must explain the reasons for
23 the proposed levy and shall permit persons desiring to be
24 heard an opportunity to present testimony within reasonable
25 time limits as the authority determines.
26 (Source: P.A. 91-523, eff. 1-1-00.)
27 Section 99. Effective date. This Act takes effect upon
28 becoming law.