FINANCE-SCHOOL SAFETY BONDS

Amends the Property Tax Code and the School Code. Makes changes to the Property Tax Extension Limitation Law concerning the exclusion of bonds issued by school boards for fire prevention and safety purposes from the definition of "debt service extension base" and the exclusion of certain extensions for fire prevention and safety purposes from the aggregate extension for a school district. Repeals a provision in the Law concerning not reducing a school district's State aid. Makes changes to provisions of the School Code concerning urgent and required items in a school building safety survey report, bonds and taxes for fire prevention, safety, energy conservation, disabled accessibility, school security, and specified repair purposes (including increasing the maximum tax rate that may be levied), referendums for tax levies, and the debt limitations of school districts. Effective immediately.