Amends the Bingo License and Tax Act. Eliminates the tax on bingo games imposed pursuant to the Act. Effective July 1, 2005.
Creates the Illinois Economic Development Act of 2005. Contains a short title only.
Amends the Shaken Baby Prevention Act. Makes a technical change in a Section concerning the short title.
Amends the Illinois Horse Racing Act of 1975. Makes a technical change in a Section concerning the Illinois Standardbred Breeders Fund.
Amends the Riverboat Gambling Act. Makes a technical change in a Section concerning the annual report of the Board.
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.
Amends the Property Tax Code. Provides that whenever, as the result of a final order of the Property Tax Appeal Board or any court, a property assessment is reduced for a tax year for which the taxes have already been paid and the subject property is still owned by the same person, entity, or a successor entity, the chief county assessment officer shall award to the taxpayer obtaining the order a compensatory assessment reduction for the next assessment year available for assessment adjustment. Provides that the amount of the compensatory assessment reduction shall be equal to the assessment reduction for the prior year or years as ordered by Property Tax Appeal Board or court and provides that the amount may be carried forward. Provides that the award of compensatory assessment reductions shall take place prior to and shall be considered in the determination of tax rates by the county clerk. Provides that the award of compensatory assessment reductions shall not affect the determination of the fair market value of the subject property or its assessed valuation once the compensatory assessment reductions have been exhausted.
Amends the Election Code. Makes a technical change in a Section establishing the State Board of Elections.
Amends the Environmental Protection Act. Makes a technical change in a Section concerning prohibited acts.
Supports National Family Week, November 19-25, 2006.
