Bill Text: IL HB6193 | 2009-2010 | 96th General Assembly | Introduced
Bill Title: Amends the Property Tax Code. Provides that, if in any taxable year the governing authority of any taxing district determines that a surplus of funds is available from any source, that taxing district may, by resolution or ordinance, eliminate its tax levy for that taxable year. Provides that the taxing district may resume its tax levy in any subsequent taxable year without additional referendum approval.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2010-03-15 - Rule 19(a) / Re-referred to Rules Committee [HB6193 Detail]
Download: Illinois-2009-HB6193-Introduced.html
|
|
|||||||||||||||||||||||||
|
|||||||||||||||||||||||||
| |||||||||||||||||||||||||
| |||||||||||||||||||||||||
| |||||||||||||||||||||||||
| 1 | AN ACT concerning revenue.
| ||||||||||||||||||||||||
| 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 18-20 as follows:
| ||||||||||||||||||||||||
| 6 | (35 ILCS 200/18-20)
| ||||||||||||||||||||||||
| 7 | Sec. 18-20. Abatement of levies.
| ||||||||||||||||||||||||
| 8 | (a) Notwithstanding any other law to the contrary, if any | ||||||||||||||||||||||||
| 9 | taxing district
receives funds under Section 12 of the State | ||||||||||||||||||||||||
| 10 | Revenue Sharing Act, which may
lawfully be used by the | ||||||||||||||||||||||||
| 11 | district, the governing authority of the district, upon
| ||||||||||||||||||||||||
| 12 | determining that a surplus of funds is available for any | ||||||||||||||||||||||||
| 13 | purpose, shall adopt a
resolution or ordinance reducing its tax | ||||||||||||||||||||||||
| 14 | levy for the year for which the
resolution or ordinance is | ||||||||||||||||||||||||
| 15 | adopted.
| ||||||||||||||||||||||||
| 16 | (a-5) In addition, if in any taxable year the governing | ||||||||||||||||||||||||
| 17 | authority of any taxing district determines that a surplus of | ||||||||||||||||||||||||
| 18 | funds is available from any source, that taxing district may, | ||||||||||||||||||||||||
| 19 | by resolution or ordinance, eliminate its tax levy for that | ||||||||||||||||||||||||
| 20 | taxable year. If a taxing district eliminates its tax levy | ||||||||||||||||||||||||
| 21 | under this subsection, it may resume its tax levy in any | ||||||||||||||||||||||||
| 22 | subsequent taxable year without additional referendum | ||||||||||||||||||||||||
| 23 | approval. | ||||||||||||||||||||||||
| |||||||
| |||||||
| 1 | (b) If any taxing district eliminates or reduces its levy, | ||||||
| 2 | the governing authority of the
district shall certify its | ||||||
| 3 | action to the county clerk of each county collecting
those | ||||||
| 4 | taxes. The county clerk shall abate the levy of the district in
| ||||||
| 5 | accordance with the provisions of the certified resolution or | ||||||
| 6 | ordinance.
| ||||||
| 7 | (Source: P.A. 81-1255; 88-455.)
| ||||||
