House Sponsors: BEAUBIEN. Senate Sponsors: PETERSON Short description: PROP TAX-APPORTIONED EXTENSION Synopsis of Bill as introduced: Amends the Property Tax Code. Provides that procedures to correct an over extension or under extension in certain portions of an overlapping taxing district due to the use by one county in the overlapping district of a prior certified percentage of that county's tax burden may also be used if a court determines by a final judgment that for any year use of a prior certified percentage resulted in an over or under extension for the overlapping taxing district. Provides procedures to correct an over extension or under extension in cases resulting from a court determination. Effective immediately. HOUSE AMENDMENT NO. 1. Deletes reference to: 35 ILCS 200/18-155 Adds reference to: 35 ILCS 200/18-157 new Deletes everything after the enacting clause. Provides that if a court, in any tax objection based on the apportionment of an overlapping taxing district, for any year prior to the year of the effective date of this amendatory Act of the 92nd General Assembly, enters a final judgment that there was an over extension or under extension of taxes for an overlapping taxing district based on the apportionment for the year for which the objection was filed, the county clerks of each county in which there was an under extension shall proportionately increase the levy of that taxing district by an amount specified in the court order and that the funds collected shall be delivered to the county collector of each county in which there was an over extension for distribution to the tax objectors in accordance with the court order. Effective immediately. SENATE AMENDMENT NO. 1. Adds reference to: 105 ILCS 5/17-3A new Amends the School Code. Restates the provisions amending the Property Tax Code but applies them to school districts specifically rather than to all taxing districts. Last action on Bill: PUBLIC ACT.............................. 92-0377 Last action date: AUG-16-2001 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1 END OF INQUIRY Full Text Bill Status