MOORE,ANDREA. 30 ILCS 350/3 from Ch. 17, par. 6903 30 ILCS 350/15 from Ch. 17, par. 6915 30 ILCS 350/15.01 35 ILCS 200/18-185 50 ILCS 20/3 from Ch. 85, par. 1033 50 ILCS 20/18 from Ch. 85, par. 1048 Amends the Local Government Debt Reform Act. Provides that, as a revenue source for alternate bonds, any unit of local government having a public building commission lease rental base is authorized to levy a public building commission lease rental base alternate tax levy. Provides that alternate bonds supported by the levy may be issued for any lawful corporate purpose of the unit of local government. Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, for taxing districts to which the law applied before the 1995 levy year, "aggregate extension" excludes certain special purpose extensions related to the public building commission lease rental base. Amends the Public Building Commission Act. Provides that the governing body of a municipal corporation having taxing power that enters into a lease with a public building commission shall, if applicable, provide for the levy and collection of a direct annual tax in the amount of the public building commission lease rental base levied for the lease. Makes other changes. Effective immediately. 00-01-26 H FILED WITH CLERK 00-01-26 H FIRST READING 00-01-26 H REFERRED TO HOUSE RULES COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary