Amends the Property Tax Extension Limitation Law of the Property Tax Code. Sets forth procedures for calculating the limiting rate after a rate increase or decrease has been approved by referendum. Sets forth procedures that taxing districts must follow when seeking referendum approval after April 5, 2005 to increase (i) the maximum authorized tax rate for any fund for which the taxing district is authorized by statute to levy taxes and which rate is limited by prior referendum or statutory authorization and which rate is authorized by statute to be increased for a limited or unlimited number of years by direct (and not back door) referendum, except for increases that require an equal corresponding tax rate decrease for another fund or (ii) the maximum extended tax rate applicable only to the next taxes to be either levied or extended for any fund notwithstanding the limiting rate that would otherwise be applicable for such taxing district, which maximum extended tax rate applicable to the next taxes shall not exceed the maximum authorized tax rate for such fund. Sets forth requirements for form of ballot propositions and referendum notices. Makes changes concerning referenda to increase the extension limitation. Repeals a Section concerning rate increase or decrease factors. Effective immediately.
Sen. Don Harmon
Sponsored bills
Appropriates $2,500,000 to the Department of Public Health for grants to the Metropolitan Chicago Hospital Council-CHC for support of the Illinois Poison Center. Effective July 1, 2006.
Amends the Use Tax Act. Makes a technical change in a Section concerning the short title.
Amends the Railroad Terminal Authority Act. Makes a technical change in a Section concerning the short title.
Amends the Consumer Fraud and Deceptive Business Practices Act. Makes a technical change in a Section concerning the short title.
Creates the Manufactured Gas Plant Remediation and Relocation Act. Contains the short title only.
Amends the Freedom of Information Act. Makes a technical change in a Section concerning lists of available records.
Amends the Automobile Renting Occupation and Use Tax Act. Makes a technical change in a Section concerning the short title.
Amends the Hotel Operators' Occupation Tax Act. Makes a technical change in a Section concerning the short title.
Amends the Service Use Tax Act. Makes a technical change concerning stating the tax as a distinct item.