96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB6193

 

Introduced 2/11/2010, by Rep. Kay Hatcher

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/18-20

    Amends the Property Tax Code. Provides that, if in any taxable year the governing authority of any taxing district determines that a surplus of funds is available from any source, that taxing district may, by resolution or ordinance, eliminate its tax levy for that taxable year. Provides that the taxing district may resume its tax levy in any subsequent taxable year without additional referendum approval.


LRB096 20840 HLH 36609 b

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

 

 

A BILL FOR

 

HB6193 LRB096 20840 HLH 36609 b

1     AN ACT concerning revenue.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Property Tax Code is amended by changing
5 Section 18-20 as follows:
 
6     (35 ILCS 200/18-20)
7     Sec. 18-20. Abatement of levies.
8     (a) Notwithstanding any other law to the contrary, if any
9 taxing district receives funds under Section 12 of the State
10 Revenue Sharing Act, which may lawfully be used by the
11 district, the governing authority of the district, upon
12 determining that a surplus of funds is available for any
13 purpose, shall adopt a resolution or ordinance reducing its tax
14 levy for the year for which the resolution or ordinance is
15 adopted.
16     (a-5) In addition, if in any taxable year the governing
17 authority of any taxing district determines that a surplus of
18 funds is available from any source, that taxing district may,
19 by resolution or ordinance, eliminate its tax levy for that
20 taxable year. If a taxing district eliminates its tax levy
21 under this subsection, it may resume its tax levy in any
22 subsequent taxable year without additional referendum
23 approval.

 

 

HB6193 - 2 - LRB096 20840 HLH 36609 b

1     (b) If any taxing district eliminates or reduces its levy,
2 the governing authority of the district shall certify its
3 action to the county clerk of each county collecting those
4 taxes. The county clerk shall abate the levy of the district in
5 accordance with the provisions of the certified resolution or
6 ordinance.
7 (Source: P.A. 81-1255; 88-455.)