100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB4066

 

Introduced , by Rep. Jim Durkin

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/18-185
35 ILCS 200/18-205
35 ILCS 200/18-206 new
35 ILCS 200/18-212
35 ILCS 200/18-214
35 ILCS 200/18-216 new
35 ILCS 200/18-242 new
30 ILCS 805/8.41 new

    Amends the Property Tax Code. Provides that, for levy years 2017 through 2020, the Property Tax Extension Limitation Law applies to all taxing districts, including home rule units. Provides that, for levy years 2017 through 2020, the extension limitation under the Property Tax Extension Limitation Law is 0% or the rate of increase approved by the voters. Provides that, for taxing districts that became subject to the Law as a result of the amendatory Act, "aggregate extension" does not include special purpose extensions made for the payment of principal and interest on bonds or other evidences of indebtedness issued by the taxing district prior to the effective date of the amendatory Act. Provides that taxing districts may provide for the continuation of the amendatory Act for up to 4 years upon referendum approval. Provides that the voters of the taxing district may require a reduction in the taxing district's aggregate extension base by referendum. Preempts home rule. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.


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FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

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1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4Section 5. The Property Tax Code is amended by changing
5Sections 18-185, 18-205, 18-212, 18-216, and 18-214 and by
6adding Sections 18-242 and 18-206 as follows:
 
7    (35 ILCS 200/18-185)
8    (Text of Section before amendment by P.A. 99-521)
9    Sec. 18-185. Short title; definitions. This Division 5 may
10be cited as the Property Tax Extension Limitation Law. As used
11in this Division 5:
12    "Consumer Price Index" means the Consumer Price Index for
13All Urban Consumers for all items published by the United
14States Department of Labor.
15    "Extension limitation", for levy years prior to levy year
162017 and again for levy years after levy year 2020, means (a)
17the lesser of 5% or the percentage increase in the Consumer
18Price Index during the 12-month calendar year preceding the
19levy year or (b) the rate of increase approved by voters under
20Section 18-205.
21    "Extension limitation", for levy years 2017 through 2020,
22means 0% or the rate of increase approved by the voters under
23Section 18-205.

 

 

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1    "Affected county" means a county of 3,000,000 or more
2inhabitants or a county contiguous to a county of 3,000,000 or
3more inhabitants.
4    "Taxing district" has the same meaning provided in Section
51-150, except as otherwise provided in this Section. For the
61991 through 1994 levy years only, "taxing district" includes
7only each non-home rule taxing district having the majority of
8its 1990 equalized assessed value within any county or counties
9contiguous to a county with 3,000,000 or more inhabitants. For
10levy years 1995 through 2016 and beginning again with levy year
112021 Beginning with the 1995 levy year, "taxing district"
12includes only each non-home rule taxing district subject to
13this Law before the 1995 levy year and each non-home rule
14taxing district not subject to this Law before the 1995 levy
15year having the majority of its 1994 equalized assessed value
16in an affected county or counties. Beginning with the levy year
17in which this Law becomes applicable to a taxing district as
18provided in Section 18-213, "taxing district" also includes
19those taxing districts made subject to this Law as provided in
20Section 18-213. For levy years 2017 through 2020, "taxing
21district" has the same meaning provided in Section 1-150 and
22includes home rule units.
23    "Aggregate extension" for taxing districts to which this
24Law applied before the 1995 levy year means the annual
25corporate extension for the taxing district and those special
26purpose extensions that are made annually for the taxing

 

 

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1district, excluding special purpose extensions: (a) made for
2the taxing district to pay interest or principal on general
3obligation bonds that were approved by referendum; (b) made for
4any taxing district to pay interest or principal on general
5obligation bonds issued before October 1, 1991; (c) made for
6any taxing district to pay interest or principal on bonds
7issued to refund or continue to refund those bonds issued
8before October 1, 1991; (d) made for any taxing district to pay
9interest or principal on bonds issued to refund or continue to
10refund bonds issued after October 1, 1991 that were approved by
11referendum; (e) made for any taxing district to pay interest or
12principal on revenue bonds issued before October 1, 1991 for
13payment of which a property tax levy or the full faith and
14credit of the unit of local government is pledged; however, a
15tax for the payment of interest or principal on those bonds
16shall be made only after the governing body of the unit of
17local government finds that all other sources for payment are
18insufficient to make those payments; (f) made for payments
19under a building commission lease when the lease payments are
20for the retirement of bonds issued by the commission before
21October 1, 1991, to pay for the building project; (g) made for
22payments due under installment contracts entered into before
23October 1, 1991; (h) made for payments of principal and
24interest on bonds issued under the Metropolitan Water
25Reclamation District Act to finance construction projects
26initiated before October 1, 1991; (i) made for payments of

 

 

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1principal and interest on limited bonds, as defined in Section
23 of the Local Government Debt Reform Act, in an amount not to
3exceed the debt service extension base less the amount in items
4(b), (c), (e), and (h) of this definition for non-referendum
5obligations, except obligations initially issued pursuant to
6referendum; (j) made for payments of principal and interest on
7bonds issued under Section 15 of the Local Government Debt
8Reform Act; (k) made by a school district that participates in
9the Special Education District of Lake County, created by
10special education joint agreement under Section 10-22.31 of the
11School Code, for payment of the school district's share of the
12amounts required to be contributed by the Special Education
13District of Lake County to the Illinois Municipal Retirement
14Fund under Article 7 of the Illinois Pension Code; the amount
15of any extension under this item (k) shall be certified by the
16school district to the county clerk; (l) made to fund expenses
17of providing joint recreational programs for persons with
18disabilities under Section 5-8 of the Park District Code or
19Section 11-95-14 of the Illinois Municipal Code; (m) made for
20temporary relocation loan repayment purposes pursuant to
21Sections 2-3.77 and 17-2.2d of the School Code; (n) made for
22payment of principal and interest on any bonds issued under the
23authority of Section 17-2.2d of the School Code; (o) made for
24contributions to a firefighter's pension fund created under
25Article 4 of the Illinois Pension Code, to the extent of the
26amount certified under item (5) of Section 4-134 of the

 

 

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1Illinois Pension Code; and (p) made for road purposes in the
2first year after a township assumes the rights, powers, duties,
3assets, property, liabilities, obligations, and
4responsibilities of a road district abolished under the
5provisions of Section 6-133 of the Illinois Highway Code.
6    "Aggregate extension" for the taxing districts to which
7this Law did not apply before the 1995 levy year (except taxing
8districts subject to this Law in accordance with Section 18-213
9or this amendatory Act of the 100th General Assembly) means the
10annual corporate extension for the taxing district and those
11special purpose extensions that are made annually for the
12taxing district, excluding special purpose extensions: (a)
13made for the taxing district to pay interest or principal on
14general obligation bonds that were approved by referendum; (b)
15made for any taxing district to pay interest or principal on
16general obligation bonds issued before March 1, 1995; (c) made
17for any taxing district to pay interest or principal on bonds
18issued to refund or continue to refund those bonds issued
19before March 1, 1995; (d) made for any taxing district to pay
20interest or principal on bonds issued to refund or continue to
21refund bonds issued after March 1, 1995 that were approved by
22referendum; (e) made for any taxing district to pay interest or
23principal on revenue bonds issued before March 1, 1995 for
24payment of which a property tax levy or the full faith and
25credit of the unit of local government is pledged; however, a
26tax for the payment of interest or principal on those bonds

 

 

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1shall be made only after the governing body of the unit of
2local government finds that all other sources for payment are
3insufficient to make those payments; (f) made for payments
4under a building commission lease when the lease payments are
5for the retirement of bonds issued by the commission before
6March 1, 1995 to pay for the building project; (g) made for
7payments due under installment contracts entered into before
8March 1, 1995; (h) made for payments of principal and interest
9on bonds issued under the Metropolitan Water Reclamation
10District Act to finance construction projects initiated before
11October 1, 1991; (h-4) made for stormwater management purposes
12by the Metropolitan Water Reclamation District of Greater
13Chicago under Section 12 of the Metropolitan Water Reclamation
14District Act; (i) made for payments of principal and interest
15on limited bonds, as defined in Section 3 of the Local
16Government Debt Reform Act, in an amount not to exceed the debt
17service extension base less the amount in items (b), (c), and
18(e) of this definition for non-referendum obligations, except
19obligations initially issued pursuant to referendum and bonds
20described in subsection (h) of this definition; (j) made for
21payments of principal and interest on bonds issued under
22Section 15 of the Local Government Debt Reform Act; (k) made
23for payments of principal and interest on bonds authorized by
24Public Act 88-503 and issued under Section 20a of the Chicago
25Park District Act for aquarium or museum projects; (l) made for
26payments of principal and interest on bonds authorized by

 

 

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1Public Act 87-1191 or 93-601 and (i) issued pursuant to Section
221.2 of the Cook County Forest Preserve District Act, (ii)
3issued under Section 42 of the Cook County Forest Preserve
4District Act for zoological park projects, or (iii) issued
5under Section 44.1 of the Cook County Forest Preserve District
6Act for botanical gardens projects; (m) made pursuant to
7Section 34-53.5 of the School Code, whether levied annually or
8not; (n) made to fund expenses of providing joint recreational
9programs for persons with disabilities under Section 5-8 of the
10Park District Code or Section 11-95-14 of the Illinois
11Municipal Code; (o) made by the Chicago Park District for
12recreational programs for persons with disabilities under
13subsection (c) of Section 7.06 of the Chicago Park District
14Act; (p) made for contributions to a firefighter's pension fund
15created under Article 4 of the Illinois Pension Code, to the
16extent of the amount certified under item (5) of Section 4-134
17of the Illinois Pension Code; and (q) made by Ford Heights
18School District 169 under Section 17-9.02 of the School Code.
19    "Aggregate extension" for all taxing districts to which
20this Law applies in accordance with Section 18-213, except for
21those taxing districts subject to paragraph (2) of subsection
22(e) of Section 18-213, means the annual corporate extension for
23the taxing district and those special purpose extensions that
24are made annually for the taxing district, excluding special
25purpose extensions: (a) made for the taxing district to pay
26interest or principal on general obligation bonds that were

 

 

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1approved by referendum; (b) made for any taxing district to pay
2interest or principal on general obligation bonds issued before
3the date on which the referendum making this Law applicable to
4the taxing district is held; (c) made for any taxing district
5to pay interest or principal on bonds issued to refund or
6continue to refund those bonds issued before the date on which
7the referendum making this Law applicable to the taxing
8district is held; (d) made for any taxing district to pay
9interest or principal on bonds issued to refund or continue to
10refund bonds issued after the date on which the referendum
11making this Law applicable to the taxing district is held if
12the bonds were approved by referendum after the date on which
13the referendum making this Law applicable to the taxing
14district is held; (e) made for any taxing district to pay
15interest or principal on revenue bonds issued before the date
16on which the referendum making this Law applicable to the
17taxing district is held for payment of which a property tax
18levy or the full faith and credit of the unit of local
19government is pledged; however, a tax for the payment of
20interest or principal on those bonds shall be made only after
21the governing body of the unit of local government finds that
22all other sources for payment are insufficient to make those
23payments; (f) made for payments under a building commission
24lease when the lease payments are for the retirement of bonds
25issued by the commission before the date on which the
26referendum making this Law applicable to the taxing district is

 

 

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1held to pay for the building project; (g) made for payments due
2under installment contracts entered into before the date on
3which the referendum making this Law applicable to the taxing
4district is held; (h) made for payments of principal and
5interest on limited bonds, as defined in Section 3 of the Local
6Government Debt Reform Act, in an amount not to exceed the debt
7service extension base less the amount in items (b), (c), and
8(e) of this definition for non-referendum obligations, except
9obligations initially issued pursuant to referendum; (i) made
10for payments of principal and interest on bonds issued under
11Section 15 of the Local Government Debt Reform Act; (j) made
12for a qualified airport authority to pay interest or principal
13on general obligation bonds issued for the purpose of paying
14obligations due under, or financing airport facilities
15required to be acquired, constructed, installed or equipped
16pursuant to, contracts entered into before March 1, 1996 (but
17not including any amendments to such a contract taking effect
18on or after that date); (k) made to fund expenses of providing
19joint recreational programs for persons with disabilities
20under Section 5-8 of the Park District Code or Section 11-95-14
21of the Illinois Municipal Code; (l) made for contributions to a
22firefighter's pension fund created under Article 4 of the
23Illinois Pension Code, to the extent of the amount certified
24under item (5) of Section 4-134 of the Illinois Pension Code;
25and (m) made for the taxing district to pay interest or
26principal on general obligation bonds issued pursuant to

 

 

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1Section 19-3.10 of the School Code.
2    "Aggregate extension" for all taxing districts to which
3this Law applies in accordance with paragraph (2) of subsection
4(e) of Section 18-213 or this amendatory Act of the 100th
5General Assembly means the annual corporate extension for the
6taxing district and those special purpose extensions that are
7made annually for the taxing district, excluding special
8purpose extensions: (a) made for the taxing district to pay
9interest or principal on general obligation bonds that were
10approved by referendum; (b) made for any taxing district to pay
11interest or principal on general obligation bonds issued before
12the effective date of this amendatory Act of 1997; (c) made for
13any taxing district to pay interest or principal on bonds
14issued to refund or continue to refund those bonds issued
15before the effective date of this amendatory Act of 1997; (d)
16made for any taxing district to pay interest or principal on
17bonds issued to refund or continue to refund bonds issued after
18the effective date of this amendatory Act of 1997 if the bonds
19were approved by referendum after the effective date of this
20amendatory Act of 1997; (e) made for any taxing district to pay
21interest or principal on revenue bonds issued before the
22effective date of this amendatory Act of 1997 for payment of
23which a property tax levy or the full faith and credit of the
24unit of local government is pledged; however, a tax for the
25payment of interest or principal on those bonds shall be made
26only after the governing body of the unit of local government

 

 

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1finds that all other sources for payment are insufficient to
2make those payments; (f) made for payments under a building
3commission lease when the lease payments are for the retirement
4of bonds issued by the commission before the effective date of
5this amendatory Act of 1997 to pay for the building project;
6(g) made for payments due under installment contracts entered
7into before the effective date of this amendatory Act of 1997;
8(h) made for payments of principal and interest on limited
9bonds, as defined in Section 3 of the Local Government Debt
10Reform Act, in an amount not to exceed the debt service
11extension base less the amount in items (b), (c), and (e) of
12this definition for non-referendum obligations, except
13obligations initially issued pursuant to referendum; (i) made
14for payments of principal and interest on bonds issued under
15Section 15 of the Local Government Debt Reform Act; (j) made
16for a qualified airport authority to pay interest or principal
17on general obligation bonds issued for the purpose of paying
18obligations due under, or financing airport facilities
19required to be acquired, constructed, installed or equipped
20pursuant to, contracts entered into before March 1, 1996 (but
21not including any amendments to such a contract taking effect
22on or after that date); (k) made to fund expenses of providing
23joint recreational programs for persons with disabilities
24under Section 5-8 of the Park District Code or Section 11-95-14
25of the Illinois Municipal Code; and (l) made for contributions
26to a firefighter's pension fund created under Article 4 of the

 

 

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1Illinois Pension Code, to the extent of the amount certified
2under item (5) of Section 4-134 of the Illinois Pension Code.
3In addition, for taxing districts that became subject to the
4Law as a result of this amendatory Act of the 100th General
5Assembly, "aggregate extension" does not include special
6purpose extensions made for the payment of principal and
7interest on bonds or other evidences of indebtedness issued by
8the taxing district prior to the effective date of this
9amendatory Act of the 100th General Assembly.
10    "Debt service extension base" means an amount equal to that
11portion of the extension for a taxing district for the 1994
12levy year, or for those taxing districts subject to this Law in
13accordance with Section 18-213, except for those subject to
14paragraph (2) of subsection (e) of Section 18-213, for the levy
15year in which the referendum making this Law applicable to the
16taxing district is held, or for those taxing districts subject
17to this Law in accordance with paragraph (2) of subsection (e)
18of Section 18-213 for the 1996 levy year, constituting an
19extension for payment of principal and interest on bonds issued
20by the taxing district without referendum, but not including
21excluded non-referendum bonds. For park districts (i) that were
22first subject to this Law in 1991 or 1995 and (ii) whose
23extension for the 1994 levy year for the payment of principal
24and interest on bonds issued by the park district without
25referendum (but not including excluded non-referendum bonds)
26was less than 51% of the amount for the 1991 levy year

 

 

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1constituting an extension for payment of principal and interest
2on bonds issued by the park district without referendum (but
3not including excluded non-referendum bonds), "debt service
4extension base" means an amount equal to that portion of the
5extension for the 1991 levy year constituting an extension for
6payment of principal and interest on bonds issued by the park
7district without referendum (but not including excluded
8non-referendum bonds). A debt service extension base
9established or increased at any time pursuant to any provision
10of this Law, except Section 18-212, shall be increased each
11year commencing with the later of (i) the 2009 levy year or
12(ii) the first levy year in which this Law becomes applicable
13to the taxing district, by (A) for levy years prior to the 2017
14levy year and for levy year 2021 and thereafter, the lesser of
155% or the percentage increase in the Consumer Price Index
16during the 12-month calendar year preceding the levy year or
17(B) for levy years 2017 through 2020, 0%. The debt service
18extension base may be established or increased as provided
19under Section 18-212. "Excluded non-referendum bonds" means
20(i) bonds authorized by Public Act 88-503 and issued under
21Section 20a of the Chicago Park District Act for aquarium and
22museum projects; (ii) bonds issued under Section 15 of the
23Local Government Debt Reform Act; or (iii) refunding
24obligations issued to refund or to continue to refund
25obligations initially issued pursuant to referendum.
26    "Special purpose extensions" include, but are not limited

 

 

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1to, extensions for levies made on an annual basis for
2unemployment and workers' compensation, self-insurance,
3contributions to pension plans, and extensions made pursuant to
4Section 6-601 of the Illinois Highway Code for a road
5district's permanent road fund whether levied annually or not.
6The extension for a special service area is not included in the
7aggregate extension.
8    "Aggregate extension base" means the taxing district's
9last preceding aggregate extension as adjusted under Sections
1018-135, 18-215, and 18-230, or the aggregate extension base set
11by referendum under Section 18-206, whichever is less. An
12adjustment under Section 18-135 shall be made for the 2007 levy
13year and all subsequent levy years whenever one or more
14counties within which a taxing district is located (i) used
15estimated valuations or rates when extending taxes in the
16taxing district for the last preceding levy year that resulted
17in the over or under extension of taxes, or (ii) increased or
18decreased the tax extension for the last preceding levy year as
19required by Section 18-135(c). Whenever an adjustment is
20required under Section 18-135, the aggregate extension base of
21the taxing district shall be equal to the amount that the
22aggregate extension of the taxing district would have been for
23the last preceding levy year if either or both (i) actual,
24rather than estimated, valuations or rates had been used to
25calculate the extension of taxes for the last levy year, or
26(ii) the tax extension for the last preceding levy year had not

 

 

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1been adjusted as required by subsection (c) of Section 18-135.
2    Notwithstanding any other provision of law, for levy year
32012, the aggregate extension base for West Northfield School
4District No. 31 in Cook County shall be $12,654,592.
5    "Levy year" has the same meaning as "year" under Section
61-155.
7    "New property" means (i) the assessed value, after final
8board of review or board of appeals action, of new improvements
9or additions to existing improvements on any parcel of real
10property that increase the assessed value of that real property
11during the levy year multiplied by the equalization factor
12issued by the Department under Section 17-30, (ii) the assessed
13value, after final board of review or board of appeals action,
14of real property not exempt from real estate taxation, which
15real property was exempt from real estate taxation for any
16portion of the immediately preceding levy year, multiplied by
17the equalization factor issued by the Department under Section
1817-30, including the assessed value, upon final stabilization
19of occupancy after new construction is complete, of any real
20property located within the boundaries of an otherwise or
21previously exempt military reservation that is intended for
22residential use and owned by or leased to a private corporation
23or other entity, (iii) in counties that classify in accordance
24with Section 4 of Article IX of the Illinois Constitution, an
25incentive property's additional assessed value resulting from
26a scheduled increase in the level of assessment as applied to

 

 

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1the first year final board of review market value, and (iv) any
2increase in assessed value due to oil or gas production from an
3oil or gas well required to be permitted under the Hydraulic
4Fracturing Regulatory Act that was not produced in or accounted
5for during the previous levy year. In addition, the county
6clerk in a county containing a population of 3,000,000 or more
7shall include in the 1997 recovered tax increment value for any
8school district, any recovered tax increment value that was
9applicable to the 1995 tax year calculations.
10    "Qualified airport authority" means an airport authority
11organized under the Airport Authorities Act and located in a
12county bordering on the State of Wisconsin and having a
13population in excess of 200,000 and not greater than 500,000.
14    "Recovered tax increment value" means, except as otherwise
15provided in this paragraph, the amount of the current year's
16equalized assessed value, in the first year after a
17municipality terminates the designation of an area as a
18redevelopment project area previously established under the
19Tax Increment Allocation Development Act in the Illinois
20Municipal Code, previously established under the Industrial
21Jobs Recovery Law in the Illinois Municipal Code, previously
22established under the Economic Development Project Area Tax
23Increment Act of 1995, or previously established under the
24Economic Development Area Tax Increment Allocation Act, of each
25taxable lot, block, tract, or parcel of real property in the
26redevelopment project area over and above the initial equalized

 

 

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1assessed value of each property in the redevelopment project
2area. For the taxes which are extended for the 1997 levy year,
3the recovered tax increment value for a non-home rule taxing
4district that first became subject to this Law for the 1995
5levy year because a majority of its 1994 equalized assessed
6value was in an affected county or counties shall be increased
7if a municipality terminated the designation of an area in 1993
8as a redevelopment project area previously established under
9the Tax Increment Allocation Development Act in the Illinois
10Municipal Code, previously established under the Industrial
11Jobs Recovery Law in the Illinois Municipal Code, or previously
12established under the Economic Development Area Tax Increment
13Allocation Act, by an amount equal to the 1994 equalized
14assessed value of each taxable lot, block, tract, or parcel of
15real property in the redevelopment project area over and above
16the initial equalized assessed value of each property in the
17redevelopment project area. In the first year after a
18municipality removes a taxable lot, block, tract, or parcel of
19real property from a redevelopment project area established
20under the Tax Increment Allocation Development Act in the
21Illinois Municipal Code, the Industrial Jobs Recovery Law in
22the Illinois Municipal Code, or the Economic Development Area
23Tax Increment Allocation Act, "recovered tax increment value"
24means the amount of the current year's equalized assessed value
25of each taxable lot, block, tract, or parcel of real property
26removed from the redevelopment project area over and above the

 

 

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1initial equalized assessed value of that real property before
2removal from the redevelopment project area.
3    Except as otherwise provided in this Section, "limiting
4rate" means a fraction the numerator of which is the last
5preceding aggregate extension base times an amount equal to one
6plus the extension limitation defined in this Section and the
7denominator of which is the current year's equalized assessed
8value of all real property in the territory under the
9jurisdiction of the taxing district during the prior levy year.
10For those taxing districts that reduced their aggregate
11extension for the last preceding levy year, the highest
12aggregate extension in any of the last 3 preceding levy years
13shall be used for the purpose of computing the limiting rate.
14Notwithstanding any other provision of law, if the voters of
15the taxing district approve a reduced aggregate extension base,
16as provided in Section 18-206, then that reduced aggregate
17extension base shall be used for the purpose of computing the
18limiting rate. The denominator shall not include new property
19or the recovered tax increment value. If a new rate, a rate
20decrease, or a limiting rate increase has been approved at an
21election held after March 21, 2006, then (i) the otherwise
22applicable limiting rate shall be increased by the amount of
23the new rate or shall be reduced by the amount of the rate
24decrease, as the case may be, or (ii) in the case of a limiting
25rate increase, the limiting rate shall be equal to the rate set
26forth in the proposition approved by the voters for each of the

 

 

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1years specified in the proposition, after which the limiting
2rate of the taxing district shall be calculated as otherwise
3provided. In the case of a taxing district that obtained
4referendum approval for an increased limiting rate on March 20,
52012, the limiting rate for tax year 2012 shall be the rate
6that generates the approximate total amount of taxes extendable
7for that tax year, as set forth in the proposition approved by
8the voters; this rate shall be the final rate applied by the
9county clerk for the aggregate of all capped funds of the
10district for tax year 2012.
11(Source: P.A. 98-6, eff. 3-29-13; 98-23, eff. 6-17-13; 99-143,
12eff. 7-27-15.)
 
13    (Text of Section after amendment by P.A. 99-521)
14    Sec. 18-185. Short title; definitions. This Division 5 may
15be cited as the Property Tax Extension Limitation Law. As used
16in this Division 5:
17    "Consumer Price Index" means the Consumer Price Index for
18All Urban Consumers for all items published by the United
19States Department of Labor.
20    "Extension limitation", for levy years prior to levy year
212017 and again for levy years after levy year 2020, means (a)
22the lesser of 5% or the percentage increase in the Consumer
23Price Index during the 12-month calendar year preceding the
24levy year or (b) the rate of increase approved by voters under
25Section 18-205.

 

 

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1    "Extension limitation", for levy years 2017 through 2020,
2means 0% or the rate of increase approved by the voters under
3Section 18-205.
4    "Affected county" means a county of 3,000,000 or more
5inhabitants or a county contiguous to a county of 3,000,000 or
6more inhabitants.
7    "Taxing district" has the same meaning provided in Section
81-150, except as otherwise provided in this Section. For the
91991 through 1994 levy years only, "taxing district" includes
10only each non-home rule taxing district having the majority of
11its 1990 equalized assessed value within any county or counties
12contiguous to a county with 3,000,000 or more inhabitants. For
13levy years 1995 through 2016 and beginning again with levy year
142021 Beginning with the 1995 levy year, "taxing district"
15includes only each non-home rule taxing district subject to
16this Law before the 1995 levy year and each non-home rule
17taxing district not subject to this Law before the 1995 levy
18year having the majority of its 1994 equalized assessed value
19in an affected county or counties. Beginning with the levy year
20in which this Law becomes applicable to a taxing district as
21provided in Section 18-213, "taxing district" also includes
22those taxing districts made subject to this Law as provided in
23Section 18-213. For levy years 2017 through 2020, "taxing
24district" has the same meaning provided in Section 1-150 and
25includes home rule units.
26    "Aggregate extension" for taxing districts to which this

 

 

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1Law applied before the 1995 levy year means the annual
2corporate extension for the taxing district and those special
3purpose extensions that are made annually for the taxing
4district, excluding special purpose extensions: (a) made for
5the taxing district to pay interest or principal on general
6obligation bonds that were approved by referendum; (b) made for
7any taxing district to pay interest or principal on general
8obligation bonds issued before October 1, 1991; (c) made for
9any taxing district to pay interest or principal on bonds
10issued to refund or continue to refund those bonds issued
11before October 1, 1991; (d) made for any taxing district to pay
12interest or principal on bonds issued to refund or continue to
13refund bonds issued after October 1, 1991 that were approved by
14referendum; (e) made for any taxing district to pay interest or
15principal on revenue bonds issued before October 1, 1991 for
16payment of which a property tax levy or the full faith and
17credit of the unit of local government is pledged; however, a
18tax for the payment of interest or principal on those bonds
19shall be made only after the governing body of the unit of
20local government finds that all other sources for payment are
21insufficient to make those payments; (f) made for payments
22under a building commission lease when the lease payments are
23for the retirement of bonds issued by the commission before
24October 1, 1991, to pay for the building project; (g) made for
25payments due under installment contracts entered into before
26October 1, 1991; (h) made for payments of principal and

 

 

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1interest on bonds issued under the Metropolitan Water
2Reclamation District Act to finance construction projects
3initiated before October 1, 1991; (i) made for payments of
4principal and interest on limited bonds, as defined in Section
53 of the Local Government Debt Reform Act, in an amount not to
6exceed the debt service extension base less the amount in items
7(b), (c), (e), and (h) of this definition for non-referendum
8obligations, except obligations initially issued pursuant to
9referendum; (j) made for payments of principal and interest on
10bonds issued under Section 15 of the Local Government Debt
11Reform Act; (k) made by a school district that participates in
12the Special Education District of Lake County, created by
13special education joint agreement under Section 10-22.31 of the
14School Code, for payment of the school district's share of the
15amounts required to be contributed by the Special Education
16District of Lake County to the Illinois Municipal Retirement
17Fund under Article 7 of the Illinois Pension Code; the amount
18of any extension under this item (k) shall be certified by the
19school district to the county clerk; (l) made to fund expenses
20of providing joint recreational programs for persons with
21disabilities under Section 5-8 of the Park District Code or
22Section 11-95-14 of the Illinois Municipal Code; (m) made for
23temporary relocation loan repayment purposes pursuant to
24Sections 2-3.77 and 17-2.2d of the School Code; (n) made for
25payment of principal and interest on any bonds issued under the
26authority of Section 17-2.2d of the School Code; (o) made for

 

 

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1contributions to a firefighter's pension fund created under
2Article 4 of the Illinois Pension Code, to the extent of the
3amount certified under item (5) of Section 4-134 of the
4Illinois Pension Code; and (p) made for road purposes in the
5first year after a township assumes the rights, powers, duties,
6assets, property, liabilities, obligations, and
7responsibilities of a road district abolished under the
8provisions of Section 6-133 of the Illinois Highway Code.
9    "Aggregate extension" for the taxing districts to which
10this Law did not apply before the 1995 levy year (except taxing
11districts subject to this Law in accordance with Section 18-213
12or this amendatory Act of the 100th General Assembly) means the
13annual corporate extension for the taxing district and those
14special purpose extensions that are made annually for the
15taxing district, excluding special purpose extensions: (a)
16made for the taxing district to pay interest or principal on
17general obligation bonds that were approved by referendum; (b)
18made for any taxing district to pay interest or principal on
19general obligation bonds issued before March 1, 1995; (c) made
20for any taxing district to pay interest or principal on bonds
21issued to refund or continue to refund those bonds issued
22before March 1, 1995; (d) made for any taxing district to pay
23interest or principal on bonds issued to refund or continue to
24refund bonds issued after March 1, 1995 that were approved by
25referendum; (e) made for any taxing district to pay interest or
26principal on revenue bonds issued before March 1, 1995 for

 

 

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1payment of which a property tax levy or the full faith and
2credit of the unit of local government is pledged; however, a
3tax for the payment of interest or principal on those bonds
4shall be made only after the governing body of the unit of
5local government finds that all other sources for payment are
6insufficient to make those payments; (f) made for payments
7under a building commission lease when the lease payments are
8for the retirement of bonds issued by the commission before
9March 1, 1995 to pay for the building project; (g) made for
10payments due under installment contracts entered into before
11March 1, 1995; (h) made for payments of principal and interest
12on bonds issued under the Metropolitan Water Reclamation
13District Act to finance construction projects initiated before
14October 1, 1991; (h-4) made for stormwater management purposes
15by the Metropolitan Water Reclamation District of Greater
16Chicago under Section 12 of the Metropolitan Water Reclamation
17District Act; (i) made for payments of principal and interest
18on limited bonds, as defined in Section 3 of the Local
19Government Debt Reform Act, in an amount not to exceed the debt
20service extension base less the amount in items (b), (c), and
21(e) of this definition for non-referendum obligations, except
22obligations initially issued pursuant to referendum and bonds
23described in subsection (h) of this definition; (j) made for
24payments of principal and interest on bonds issued under
25Section 15 of the Local Government Debt Reform Act; (k) made
26for payments of principal and interest on bonds authorized by

 

 

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1Public Act 88-503 and issued under Section 20a of the Chicago
2Park District Act for aquarium or museum projects; (l) made for
3payments of principal and interest on bonds authorized by
4Public Act 87-1191 or 93-601 and (i) issued pursuant to Section
521.2 of the Cook County Forest Preserve District Act, (ii)
6issued under Section 42 of the Cook County Forest Preserve
7District Act for zoological park projects, or (iii) issued
8under Section 44.1 of the Cook County Forest Preserve District
9Act for botanical gardens projects; (m) made pursuant to
10Section 34-53.5 of the School Code, whether levied annually or
11not; (n) made to fund expenses of providing joint recreational
12programs for persons with disabilities under Section 5-8 of the
13Park District Code or Section 11-95-14 of the Illinois
14Municipal Code; (o) made by the Chicago Park District for
15recreational programs for persons with disabilities under
16subsection (c) of Section 7.06 of the Chicago Park District
17Act; (p) made for contributions to a firefighter's pension fund
18created under Article 4 of the Illinois Pension Code, to the
19extent of the amount certified under item (5) of Section 4-134
20of the Illinois Pension Code; (q) made by Ford Heights School
21District 169 under Section 17-9.02 of the School Code; and (r)
22made for the purpose of making employer contributions to the
23Public School Teachers' Pension and Retirement Fund of Chicago
24under Section 34-53 of the School Code.
25    "Aggregate extension" for all taxing districts to which
26this Law applies in accordance with Section 18-213, except for

 

 

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1those taxing districts subject to paragraph (2) of subsection
2(e) of Section 18-213, means the annual corporate extension for
3the taxing district and those special purpose extensions that
4are made annually for the taxing district, excluding special
5purpose extensions: (a) made for the taxing district to pay
6interest or principal on general obligation bonds that were
7approved by referendum; (b) made for any taxing district to pay
8interest or principal on general obligation bonds issued before
9the date on which the referendum making this Law applicable to
10the taxing district is held; (c) made for any taxing district
11to pay interest or principal on bonds issued to refund or
12continue to refund those bonds issued before the date on which
13the referendum making this Law applicable to the taxing
14district is held; (d) made for any taxing district to pay
15interest or principal on bonds issued to refund or continue to
16refund bonds issued after the date on which the referendum
17making this Law applicable to the taxing district is held if
18the bonds were approved by referendum after the date on which
19the referendum making this Law applicable to the taxing
20district is held; (e) made for any taxing district to pay
21interest or principal on revenue bonds issued before the date
22on which the referendum making this Law applicable to the
23taxing district is held for payment of which a property tax
24levy or the full faith and credit of the unit of local
25government is pledged; however, a tax for the payment of
26interest or principal on those bonds shall be made only after

 

 

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1the governing body of the unit of local government finds that
2all other sources for payment are insufficient to make those
3payments; (f) made for payments under a building commission
4lease when the lease payments are for the retirement of bonds
5issued by the commission before the date on which the
6referendum making this Law applicable to the taxing district is
7held to pay for the building project; (g) made for payments due
8under installment contracts entered into before the date on
9which the referendum making this Law applicable to the taxing
10district is held; (h) made for payments of principal and
11interest on limited bonds, as defined in Section 3 of the Local
12Government Debt Reform Act, in an amount not to exceed the debt
13service extension base less the amount in items (b), (c), and
14(e) of this definition for non-referendum obligations, except
15obligations initially issued pursuant to referendum; (i) made
16for payments of principal and interest on bonds issued under
17Section 15 of the Local Government Debt Reform Act; (j) made
18for a qualified airport authority to pay interest or principal
19on general obligation bonds issued for the purpose of paying
20obligations due under, or financing airport facilities
21required to be acquired, constructed, installed or equipped
22pursuant to, contracts entered into before March 1, 1996 (but
23not including any amendments to such a contract taking effect
24on or after that date); (k) made to fund expenses of providing
25joint recreational programs for persons with disabilities
26under Section 5-8 of the Park District Code or Section 11-95-14

 

 

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1of the Illinois Municipal Code; (l) made for contributions to a
2firefighter's pension fund created under Article 4 of the
3Illinois Pension Code, to the extent of the amount certified
4under item (5) of Section 4-134 of the Illinois Pension Code;
5and (m) made for the taxing district to pay interest or
6principal on general obligation bonds issued pursuant to
7Section 19-3.10 of the School Code.
8    "Aggregate extension" for all taxing districts to which
9this Law applies in accordance with paragraph (2) of subsection
10(e) of Section 18-213 or this amendatory Act of the 100th
11General Assembly means the annual corporate extension for the
12taxing district and those special purpose extensions that are
13made annually for the taxing district, excluding special
14purpose extensions: (a) made for the taxing district to pay
15interest or principal on general obligation bonds that were
16approved by referendum; (b) made for any taxing district to pay
17interest or principal on general obligation bonds issued before
18the effective date of this amendatory Act of 1997; (c) made for
19any taxing district to pay interest or principal on bonds
20issued to refund or continue to refund those bonds issued
21before the effective date of this amendatory Act of 1997; (d)
22made for any taxing district to pay interest or principal on
23bonds issued to refund or continue to refund bonds issued after
24the effective date of this amendatory Act of 1997 if the bonds
25were approved by referendum after the effective date of this
26amendatory Act of 1997; (e) made for any taxing district to pay

 

 

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1interest or principal on revenue bonds issued before the
2effective date of this amendatory Act of 1997 for payment of
3which a property tax levy or the full faith and credit of the
4unit of local government is pledged; however, a tax for the
5payment of interest or principal on those bonds shall be made
6only after the governing body of the unit of local government
7finds that all other sources for payment are insufficient to
8make those payments; (f) made for payments under a building
9commission lease when the lease payments are for the retirement
10of bonds issued by the commission before the effective date of
11this amendatory Act of 1997 to pay for the building project;
12(g) made for payments due under installment contracts entered
13into before the effective date of this amendatory Act of 1997;
14(h) made for payments of principal and interest on limited
15bonds, as defined in Section 3 of the Local Government Debt
16Reform Act, in an amount not to exceed the debt service
17extension base less the amount in items (b), (c), and (e) of
18this definition for non-referendum obligations, except
19obligations initially issued pursuant to referendum; (i) made
20for payments of principal and interest on bonds issued under
21Section 15 of the Local Government Debt Reform Act; (j) made
22for a qualified airport authority to pay interest or principal
23on general obligation bonds issued for the purpose of paying
24obligations due under, or financing airport facilities
25required to be acquired, constructed, installed or equipped
26pursuant to, contracts entered into before March 1, 1996 (but

 

 

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1not including any amendments to such a contract taking effect
2on or after that date); (k) made to fund expenses of providing
3joint recreational programs for persons with disabilities
4under Section 5-8 of the Park District Code or Section 11-95-14
5of the Illinois Municipal Code; and (l) made for contributions
6to a firefighter's pension fund created under Article 4 of the
7Illinois Pension Code, to the extent of the amount certified
8under item (5) of Section 4-134 of the Illinois Pension Code.
9    "Debt service extension base" means an amount equal to that
10portion of the extension for a taxing district for the 1994
11levy year, or for those taxing districts subject to this Law in
12accordance with Section 18-213, except for those subject to
13paragraph (2) of subsection (e) of Section 18-213, for the levy
14year in which the referendum making this Law applicable to the
15taxing district is held, or for those taxing districts subject
16to this Law in accordance with paragraph (2) of subsection (e)
17of Section 18-213 for the 1996 levy year, constituting an
18extension for payment of principal and interest on bonds issued
19by the taxing district without referendum, but not including
20excluded non-referendum bonds. For park districts (i) that were
21first subject to this Law in 1991 or 1995 and (ii) whose
22extension for the 1994 levy year for the payment of principal
23and interest on bonds issued by the park district without
24referendum (but not including excluded non-referendum bonds)
25was less than 51% of the amount for the 1991 levy year
26constituting an extension for payment of principal and interest

 

 

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1on bonds issued by the park district without referendum (but
2not including excluded non-referendum bonds), "debt service
3extension base" means an amount equal to that portion of the
4extension for the 1991 levy year constituting an extension for
5payment of principal and interest on bonds issued by the park
6district without referendum (but not including excluded
7non-referendum bonds). A debt service extension base
8established or increased at any time pursuant to any provision
9of this Law, except Section 18-212, shall be increased each
10year commencing with the later of (i) the 2009 levy year or
11(ii) the first levy year in which this Law becomes applicable
12to the taxing district, by (A) for levy years prior to the 2017
13levy year and for levy year 2021 and thereafter, the lesser of
145% or the percentage increase in the Consumer Price Index
15during the 12-month calendar year preceding the levy year or
16(B) for levy years 2017 through 2020, 0%. The debt service
17extension base may be established or increased as provided
18under Section 18-212. "Excluded non-referendum bonds" means
19(i) bonds authorized by Public Act 88-503 and issued under
20Section 20a of the Chicago Park District Act for aquarium and
21museum projects; (ii) bonds issued under Section 15 of the
22Local Government Debt Reform Act; or (iii) refunding
23obligations issued to refund or to continue to refund
24obligations initially issued pursuant to referendum.
25    "Special purpose extensions" include, but are not limited
26to, extensions for levies made on an annual basis for

 

 

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1unemployment and workers' compensation, self-insurance,
2contributions to pension plans, and extensions made pursuant to
3Section 6-601 of the Illinois Highway Code for a road
4district's permanent road fund whether levied annually or not.
5The extension for a special service area is not included in the
6aggregate extension.
7    "Aggregate extension base" means the taxing district's
8last preceding aggregate extension as adjusted under Sections
918-135, 18-215, and 18-230, or the aggregate extension base set
10by referendum under Section 18-206, whichever is less. An
11adjustment under Section 18-135 shall be made for the 2007 levy
12year and all subsequent levy years whenever one or more
13counties within which a taxing district is located (i) used
14estimated valuations or rates when extending taxes in the
15taxing district for the last preceding levy year that resulted
16in the over or under extension of taxes, or (ii) increased or
17decreased the tax extension for the last preceding levy year as
18required by Section 18-135(c). Whenever an adjustment is
19required under Section 18-135, the aggregate extension base of
20the taxing district shall be equal to the amount that the
21aggregate extension of the taxing district would have been for
22the last preceding levy year if either or both (i) actual,
23rather than estimated, valuations or rates had been used to
24calculate the extension of taxes for the last levy year, or
25(ii) the tax extension for the last preceding levy year had not
26been adjusted as required by subsection (c) of Section 18-135.

 

 

HB4066- 33 -LRB100 13145 AXK 27535 b

1    Notwithstanding any other provision of law, for levy year
22012, the aggregate extension base for West Northfield School
3District No. 31 in Cook County shall be $12,654,592.
4    "Levy year" has the same meaning as "year" under Section
51-155.
6    "New property" means (i) the assessed value, after final
7board of review or board of appeals action, of new improvements
8or additions to existing improvements on any parcel of real
9property that increase the assessed value of that real property
10during the levy year multiplied by the equalization factor
11issued by the Department under Section 17-30, (ii) the assessed
12value, after final board of review or board of appeals action,
13of real property not exempt from real estate taxation, which
14real property was exempt from real estate taxation for any
15portion of the immediately preceding levy year, multiplied by
16the equalization factor issued by the Department under Section
1717-30, including the assessed value, upon final stabilization
18of occupancy after new construction is complete, of any real
19property located within the boundaries of an otherwise or
20previously exempt military reservation that is intended for
21residential use and owned by or leased to a private corporation
22or other entity, (iii) in counties that classify in accordance
23with Section 4 of Article IX of the Illinois Constitution, an
24incentive property's additional assessed value resulting from
25a scheduled increase in the level of assessment as applied to
26the first year final board of review market value, and (iv) any

 

 

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1increase in assessed value due to oil or gas production from an
2oil or gas well required to be permitted under the Hydraulic
3Fracturing Regulatory Act that was not produced in or accounted
4for during the previous levy year. In addition, the county
5clerk in a county containing a population of 3,000,000 or more
6shall include in the 1997 recovered tax increment value for any
7school district, any recovered tax increment value that was
8applicable to the 1995 tax year calculations.
9    "Qualified airport authority" means an airport authority
10organized under the Airport Authorities Act and located in a
11county bordering on the State of Wisconsin and having a
12population in excess of 200,000 and not greater than 500,000.
13    "Recovered tax increment value" means, except as otherwise
14provided in this paragraph, the amount of the current year's
15equalized assessed value, in the first year after a
16municipality terminates the designation of an area as a
17redevelopment project area previously established under the
18Tax Increment Allocation Development Act in the Illinois
19Municipal Code, previously established under the Industrial
20Jobs Recovery Law in the Illinois Municipal Code, previously
21established under the Economic Development Project Area Tax
22Increment Act of 1995, or previously established under the
23Economic Development Area Tax Increment Allocation Act, of each
24taxable lot, block, tract, or parcel of real property in the
25redevelopment project area over and above the initial equalized
26assessed value of each property in the redevelopment project

 

 

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1area. For the taxes which are extended for the 1997 levy year,
2the recovered tax increment value for a non-home rule taxing
3district that first became subject to this Law for the 1995
4levy year because a majority of its 1994 equalized assessed
5value was in an affected county or counties shall be increased
6if a municipality terminated the designation of an area in 1993
7as a redevelopment project area previously established under
8the Tax Increment Allocation Development Act in the Illinois
9Municipal Code, previously established under the Industrial
10Jobs Recovery Law in the Illinois Municipal Code, or previously
11established under the Economic Development Area Tax Increment
12Allocation Act, by an amount equal to the 1994 equalized
13assessed value of each taxable lot, block, tract, or parcel of
14real property in the redevelopment project area over and above
15the initial equalized assessed value of each property in the
16redevelopment project area. In the first year after a
17municipality removes a taxable lot, block, tract, or parcel of
18real property from a redevelopment project area established
19under the Tax Increment Allocation Development Act in the
20Illinois Municipal Code, the Industrial Jobs Recovery Law in
21the Illinois Municipal Code, or the Economic Development Area
22Tax Increment Allocation Act, "recovered tax increment value"
23means the amount of the current year's equalized assessed value
24of each taxable lot, block, tract, or parcel of real property
25removed from the redevelopment project area over and above the
26initial equalized assessed value of that real property before

 

 

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1removal from the redevelopment project area.
2    Except as otherwise provided in this Section, "limiting
3rate" means a fraction the numerator of which is the last
4preceding aggregate extension base times an amount equal to one
5plus the extension limitation defined in this Section and the
6denominator of which is the current year's equalized assessed
7value of all real property in the territory under the
8jurisdiction of the taxing district during the prior levy year.
9For those taxing districts that reduced their aggregate
10extension for the last preceding levy year, the highest
11aggregate extension in any of the last 3 preceding levy years
12shall be used for the purpose of computing the limiting rate.
13Notwithstanding any other provision of law, if the voters of
14the taxing district approve a reduced aggregate extension base,
15as provided in Section 18-206, then that reduced aggregate
16extension base shall be used for the purpose of computing the
17limiting rate. The denominator shall not include new property
18or the recovered tax increment value. If a new rate, a rate
19decrease, or a limiting rate increase has been approved at an
20election held after March 21, 2006, then (i) the otherwise
21applicable limiting rate shall be increased by the amount of
22the new rate or shall be reduced by the amount of the rate
23decrease, as the case may be, or (ii) in the case of a limiting
24rate increase, the limiting rate shall be equal to the rate set
25forth in the proposition approved by the voters for each of the
26years specified in the proposition, after which the limiting

 

 

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1rate of the taxing district shall be calculated as otherwise
2provided. In the case of a taxing district that obtained
3referendum approval for an increased limiting rate on March 20,
42012, the limiting rate for tax year 2012 shall be the rate
5that generates the approximate total amount of taxes extendable
6for that tax year, as set forth in the proposition approved by
7the voters; this rate shall be the final rate applied by the
8county clerk for the aggregate of all capped funds of the
9district for tax year 2012.
10(Source: P.A. 98-6, eff. 3-29-13; 98-23, eff. 6-17-13; 99-143,
11eff. 7-27-15; 99-521, eff. 6-1-17.)
 
12    (35 ILCS 200/18-205)
13    Sec. 18-205. Referendum to increase the extension
14limitation. A taxing district is limited to an extension
15limitation as defined in Section 18-185 of 5% or the percentage
16increase in the Consumer Price Index during the 12-month
17calendar year preceding the levy year, whichever is less. A
18taxing district may increase its extension limitation for one
19or more levy years if that taxing district holds a referendum
20before the levy date for the first levy year at which a
21majority of voters voting on the issue approves adoption of a
22higher extension limitation. Referenda shall be conducted at a
23regularly scheduled election in accordance with the Election
24Code. The question shall be presented in substantially the
25following manner for all elections held after March 21, 2006:

 

 

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1        Shall the extension limitation under the Property Tax
2    Extension Limitation Law for (insert the legal name,
3    number, if any, and county or counties of the taxing
4    district and geographic or other common name by which a
5    school or community college district is known and referred
6    to), Illinois, be increased from (extension limitation
7    under Section 18-185) the lesser of 5% or the percentage
8    increase in the Consumer Price Index over the prior levy
9    year to (insert the percentage of the proposed increase)%
10    per year for (insert each levy year for which the increased
11    extension limitation will apply)?
12The votes must be recorded as "Yes" or "No".
13If a majority of voters voting on the issue approves the
14adoption of the increase, the increase shall be applicable for
15each levy year specified.
16    The ballot for any question submitted pursuant to this
17Section shall have printed thereon, but not as a part of the
18question submitted, only the following supplemental
19information (which shall be supplied to the election authority
20by the taxing district) in substantially the following form:
21        (1) For the (insert the first levy year for which the
22    increased extension limitation will be applicable) levy
23    year the approximate amount of the additional tax
24    extendable against property containing a single family
25    residence and having a fair market value at the time of the
26    referendum of $100,000 is estimated to be $....

 

 

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1        (2) Based upon an average annual percentage increase
2    (or decrease) in the market value of such property of ...%
3    (insert percentage equal to the average annual percentage
4    increase or decrease for the prior 3 levy years, at the
5    time the submission of the question is initiated by the
6    taxing district, in the amount of (A) the equalized
7    assessed value of the taxable property in the taxing
8    district less (B) the new property included in the
9    equalized assessed value), the approximate amount of the
10    additional tax extendable against such property for the ...
11    levy year is estimated to be $... and for the ... levy year
12    is estimated to be $....
13    Paragraph (2) shall be included only if the increased
14extension limitation will be applicable for more than one year
15and shall list each levy year for which the increased extension
16limitation will be applicable. The additional tax shown for
17each levy year shall be the approximate dollar amount of the
18increase over the amount of the most recently completed
19extension at the time the submission of the question is
20initiated by the taxing district. The approximate amount of the
21additional tax extendable shown in paragraphs (1) and (2) shall
22be calculated by multiplying $100,000 (the fair market value of
23the property without regard to any property tax exemptions) by
24(i) the percentage level of assessment prescribed for that
25property by statute, or by ordinance of the county board in
26counties that classify property for purposes of taxation in

 

 

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1accordance with Section 4 of Article IX of the Illinois
2Constitution; (ii) the most recent final equalization factor
3certified to the county clerk by the Department of Revenue at
4the time the taxing district initiates the submission of the
5proposition to the electors; (iii) the last known aggregate
6extension base of the taxing district at the time the
7submission of the question is initiated by the taxing district;
8and (iv) the difference between the percentage increase
9proposed in the question and (A) the lesser of 5% or the
10percentage increase in the Consumer Price Index for the prior
11levy year (or an estimate of the percentage increase for the
12prior levy year if the increase is unavailable at the time the
13submission of the question is initiated by the taxing district)
14or (B) 0%, as applicable; and dividing the result by the last
15known equalized assessed value of the taxing district at the
16time the submission of the question is initiated by the taxing
17district. This amendatory Act of the 97th General Assembly is
18intended to clarify the existing requirements of this Section,
19and shall not be construed to validate any prior non-compliant
20referendum language. Any notice required to be published in
21connection with the submission of the question shall also
22contain this supplemental information and shall not contain any
23other supplemental information. Any error, miscalculation, or
24inaccuracy in computing any amount set forth on the ballot or
25in the notice that is not deliberate shall not invalidate or
26affect the validity of any proposition approved. Notice of the

 

 

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1referendum shall be published and posted as otherwise required
2by law, and the submission of the question shall be initiated
3as provided by law.
4(Source: P.A. 97-1087, eff. 8-24-12.)
 
5    (35 ILCS 200/18-206 new)
6    Sec. 18-206. Referendum to reduce the aggregate extension
7base.
8    (a) Notwithstanding any other provision of law, if a
9written petition is submitted to the corporate authorities of a
10taxing district calling for a referendum on the question of
11whether or not the aggregate extension base of the taxing
12district should be reduced and setting forth the amount of the
13reduction, signed by a number of voters of the taxing district
14equal to at least 5% of the total votes cast for candidates for
15Governor in the preceding gubernatorial election by the
16registered voters of the taxing district, then the corporate
17authorities of the taxing district shall adopt a resolution for
18the submission of that proposition at the next regular election
19held in that taxing district. The corporate authorities shall
20certify the resolution and the proposition to the proper
21election officials, who shall submit the proposition at the
22election in accordance with the general election law.
23    (b) The question shall be in substantially the following
24form:
25        Shall the aggregate extension base for (taxing

 

 

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1    district) for (levy year or levy years) be reduced from
2    (statutory aggregate extension base) to (proposed
3    aggregate extension base)?
4    The votes must be recorded as "Yes" or "No". If a majority
5of voters voting on the issue approves the reduction, then the
6reduction shall be applicable for the levy year or levy years
7specified, but shall not exceed a 4-year period.
8    The ballot for any question submitted pursuant to this
9Section shall have printed thereon, but not as a part of the
10question submitted, the following supplemental information
11(which shall be supplied to the election authority by the
12taxing district) in substantially the following form:
13        For the (levy year or levy years) the reduction in the
14    amount of taxes extendable against property containing a
15    single family residence and having a fair market value at
16    the time of the referendum of $100,000 is estimated to be
17    $....
 
18    (35 ILCS 200/18-212)
19    Sec. 18-212. Referendum on debt service extension base. A
20taxing district may establish or increase its debt service
21extension base if (i) that taxing district holds a referendum
22before the date on which the levy must be filed with the county
23clerk of the county or counties in which the taxing district is
24situated and (ii) a majority of voters voting on the issue
25approves the establishment of or increase in the debt service

 

 

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1extension base. Except with respect to levy years 2017 through
22020, a A debt service extension base established or increased
3by a referendum held pursuant to this Section after February 2,
42010, shall be increased each year, commencing with the first
5levy year beginning after the date of the referendum, by the
6lesser of 5% or the percentage increase in the Consumer Price
7Index during the 12-month calendar year preceding the levy year
8if the optional language concerning the annual increase is
9included in the question submitted to the electors of the
10taxing district. Referenda under this Section shall be
11conducted at a regularly scheduled election in accordance with
12the Election Code. The governing body of the taxing district
13shall certify the question to the proper election authorities
14who shall submit the question to the electors of the taxing
15district in substantially the following form:
16    "Shall the debt service extension base under the Property
17    Tax Extension Limitation Law for ... (taxing district name)
18    ... for payment of principal and interest on limited bonds
19    be .... ((established at $ ....) . (or) (increased from $
20    .... to $ ....)) .. for the ..... levy year and all
21    subsequent levy years (optional language: , such debt
22    service extension base to be increased each year by the
23    lesser of 5% or the percentage increase in the Consumer
24    Price Index during the 12-month calendar year preceding the
25    levy year)?"
26    Votes on the question shall be recorded as "Yes" or "No".

 

 

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1    If a majority of voters voting on the issue approves the
2establishment of or increase in the debt service extension
3base, the establishment of or increase in the debt service
4extension base shall be applicable for the levy years
5specified.
6(Source: P.A. 96-1202, eff. 7-22-10.)
 
7    (35 ILCS 200/18-214)
8    Sec. 18-214. Referenda on removal of the applicability of
9the Property Tax Extension Limitation Law to non-home rule
10taxing districts.
11    (a) The provisions of this Section do not apply to a taxing
12district that is subject to this Law because a majority of its
131990 equalized assessed value is in a county or counties
14contiguous to a county of 3,000,000 or more inhabitants, or
15because a majority of its 1994 equalized assessed value is in
16an affected county and the taxing district was not subject to
17this Law before the 1995 levy year.
18    (b) For purposes of this Section only:
19    "Taxing district" means any non-home rule taxing district
20that became subject to this Law under Section 18-213 of this
21Law.
22    "Equalized assessed valuation" means the equalized
23assessed valuation for a taxing district for the immediately
24preceding levy year.
25    (c) The county board of a county that became subject to

 

 

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1this Law by a referendum approved by the voters of the county
2under Section 18-213 may, by ordinance or resolution, in the
3manner set forth in this Section, submit to the voters of the
4county the question of whether this Law applies to all non-home
5rule taxing districts that have all or a portion of their
6equalized assessed valuation situated in the county in the
7manner set forth in this Section.
8    (d) The ordinance or resolution shall request the
9submission of the proposition at any election, except a
10consolidated primary election, for the purpose of voting for or
11against the continued application of the Property Tax Extension
12Limitation Law to all non-home rule taxing districts that have
13all or a portion of their equalized assessed valuation situated
14in the county.
15    The question shall be placed on a separate ballot and shall
16be in substantially the following form:
17        Shall the Property Tax Extension Limitation Law (35
18    ILCS 200/18-185 through 35 ILCS 200/18-245), which limits
19    annual property tax extension increases, apply to non-home
20    rule taxing districts with all or a portion of their
21    equalized assessed valuation located in (name of county)?
22Votes on the question shall be recorded as "yes" or "no".
23    (e) The county clerk shall order the proposition submitted
24to the electors of the county at the election specified in the
25ordinance or resolution. If part of the county is under the
26jurisdiction of a board or boards of election commissioners,

 

 

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1the county clerk shall submit a certified copy of the ordinance
2or resolution to each board of election commissioners, which
3shall order the proposition submitted to the electors of the
4taxing district within its jurisdiction at the election
5specified in the ordinance or resolution.
6    (f) With respect to taxing districts having all of their
7equalized assessed valuation located in one county, if a
8majority of the votes cast on the proposition are against the
9proposition, then this Law shall not apply to the taxing
10district beginning on January 1 of the year following the date
11of the referendum.
12    (g) With respect to taxing districts that do not have all
13of their equalized assessed valuation located in a single
14county, if both of the following conditions are met, then this
15Law shall no longer apply to the taxing district beginning on
16January 1 of the year following the date of the referendum.
17        (1) Each county in which the district has any equalized
18    assessed valuation must either, (i) have held a referendum
19    under this Section, (ii) be an affected county, or (iii)
20    have held a referendum under Section 18-213 at which the
21    voters rejected the proposition at the most recent election
22    at which the question was on the ballot in the county.
23        (2) The majority of the equalized assessed valuation of
24    the taxing district, other than any equalized assessed
25    valuation in an affected county, is in one or more counties
26    in which the voters rejected the proposition. For purposes

 

 

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1    of this Section, in determining whether a majority of the
2    equalized assessed valuation of the taxing district is
3    located in one or more counties in which the voters have
4    rejected the proposition under this Section, the equalized
5    assessed valuation of any taxing district in a county which
6    has held a referendum under Section 18-213 at which the
7    voters rejected that proposition, at the most recent
8    election at which the question was on the ballot in the
9    county, will be included with the equalized assessed value
10    of the taxing district in counties in which the voters have
11    rejected the referendum held under this Section.
12    (h) Immediately after a referendum is held under this
13Section, the county clerk of the county holding the referendum
14shall give notice of the referendum having been held and its
15results to all taxing districts that have all or a portion of
16their equalized assessed valuation located in the county, the
17county clerk of any other county in which any of the equalized
18assessed valuation of any such taxing district is located, and
19the Department of Revenue. After the last referendum affecting
20a multi-county taxing district is held, the Department of
21Revenue shall determine whether the taxing district is no
22longer subject to this Law and, if the taxing district is no
23longer subject to this Law, the Department of Revenue shall
24notify the taxing district and the county clerks of all of the
25counties in which a portion of the equalized assessed valuation
26of the taxing district is located that, beginning on January 1

 

 

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1of the year following the date of the last referendum, the
2taxing district is no longer subject to this Law.
3    (i) Notwithstanding any other provision of law, no
4referendum may be submitted under this Section for levy years
52017 through 2020.
6(Source: P.A. 89-718, eff. 3-7-97.)
 
7    (35 ILCS 200/18-216 new)
8    Sec. 18-216. Extension of amendatory Act.
9    (a) Notwithstanding any other provision of law, during
10calendar years 2017 through 2021, the corporate authorities of
11any taxing district may, by resolution, submit to the voters of
12the taxing district the question of whether or not to continue
13to apply the provisions of this amendatory Act of the 100th
14General Assembly concerning the Property Tax Extension
15Limitation Law to the taxing district for a period not to
16exceed 4 years. In addition, if a written petition calling for
17a referendum on that question signed by a number of voters of
18the taxing district equal to at least 5% of the total votes
19cast for candidates for Governor in the preceding gubernatorial
20election by the registered voters of the taxing district is
21submitted to the corporate authorities of the taxing district,
22then the corporate authorities shall adopt a resolution for the
23submission of that proposition at the next regular election
24held in that taxing district. Such a petition shall be
25submitted to the corporate authorities no later than September

 

 

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130, 2020. In either case, the corporate authorities shall
2certify the resolution and the proposition to the proper
3election officials, who shall submit the proposition at the
4election in accordance with the general election law.
5    (b) The question shall be in substantially the following
6form:
7        Shall the provisions of (insert Public Act number),
8    commonly referred to as the Property Tax Freeze, be
9    continued for (name of taxing district) for a period of
10    (number of years, not to exceed 4 years) years? This would
11    mean that (taxing district) may not increase its annual
12    corporate extension or certain special purpose extensions
13    without referendum approval.
14    Votes shall be recorded as "yes" or "no".
15    If a majority of the votes cast on the proposition are in
16favor of the proposition, then the provisions of this
17amendatory Act of the 100th General Assembly concerning the
18Property Tax Extension Limitation Law shall continue to apply
19to the taxing district for the period of time specified in the
20proposition.
21    (c) As used in this Section, "taxing district" includes
22each taxing district that is subject to this Law for the 2017
23and 2018 levy years.
 
24    (35 ILCS 200/18-242 new)
25    Sec. 18-242. Home rule. This Division 5 is a limitation,

 

 

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1under subsection (g) of Section 6 of Article VII of the
2Illinois Constitution, on the power of home rule units to tax.
 
3    Section 90. The State Mandates Act is amended by adding
4Section 8.41 as follows:
 
5    (30 ILCS 805/8.41 new)
6    Sec. 8.41. Exempt mandate. Notwithstanding Sections 6 and 8
7of this Act, no reimbursement by the State is required for the
8implementation of any mandate created by this amendatory Act of
9the 100th General Assembly.
 
10    Section 95. No acceleration or delay. Where this Act makes
11changes in a statute that is represented in this Act by text
12that is not yet or no longer in effect (for example, a Section
13represented by multiple versions), the use of that text does
14not accelerate or delay the taking effect of (i) the changes
15made by this Act or (ii) provisions derived from any other
16Public Act.
 
17    Section 99. Effective date. This Act takes effect upon
18becoming law.