SB3342sam002 98TH GENERAL ASSEMBLY

Sen. Pamela J. Althoff

Filed: 3/31/2014

09800SB3342sam002 LRB098 19796 JLK 57506 a

AMENDMENT TO SENATE BILL 3342

AMENDMENT NO. ______. Amend Senate Bill 3342, AS AMENDED, with reference to page and line numbers of Senate Amendment No. 1, on page 3, immediately below line 15 by inserting the following:

"A district located wholly within McHenry County may not levy a rate that exceeds 0.1% without first submitting the question to the voters of the district. The question shall be submitted in accordance with the Election Code. The governing body of the district shall certify the question to the proper election authorities who shall submit the question to the electors of the district in substantially the following form:

Shall (name of district) be permitted to levy a rate of (insert rate) beginning with levy year (year) for the general purposes of the district, including the acquisition, development, operation and maintenance of real property, which may be in excess of current requirements and allowed to accumulate from year to year, and for any purposes specified by the district?

The votes must be recorded as "Yes" or "No".

If a majority of voters voting on the increase approve its adoption, the increase shall take effect beginning with the levy year specified in the question.

If the district is seeking to levy a rate that exceeds its limiting rate under the Property Tax Extension Limitation Law, then the district shall submit the question to the voters of the district in accordance with Section 18-190 of the Property Tax Code in lieu of the requirements set forth in this paragraph (4).".