SCH FACILITY OCCUPATION TAX

Amends the Local Government Debt Reform Act and the School Code. Allows the school board of any school district having a population of less than 500,000 inhabitants to impose a tax upon all persons engaged in the business of selling tangible personal property, other than personal property titled or registered with an agency of this State's government, at retail in the school district, on the gross receipts from the sales made in the course of business, to provide revenue to be used exclusively for school facility purposes if a proposition for the tax has been submitted to the electors of that school district and approved by a majority of those voting on the question. Provides that the tax may be imposed in only one-quarter percent increments and may not exceed 1%. Sets forth items on which the tax must not be imposed, and gives the Department of Revenue administration and enforcement powers. Provides that if this tax has been imposed, then a service occupation tax must also be imposed at the same rate upon all persons engaged, in the school district, in the business of making sales of service who, as an incident to making those sales of service, transfer tangible personal property within the school district as an incident to the sale of service. Provides for certain referendum exceptions. Effective immediately.