91st General Assembly
Status of SB1878
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RAUSCHENBERGER.

   35 ILCS 200/18-185                                                          
   35 ILCS 200/18-201 new                                                      
   105 ILCS 5/2-3.12         from Ch. 122, par. 2-3.12                         
   105 ILCS 5/10-22.14       from Ch. 122, par. 10-22.14                       
   105 ILCS 5/17-2           from Ch. 122, par. 17-2                           
   105 ILCS 5/17-2.2         from Ch. 122, par. 17-2.2                         
   105 ILCS 5/17-2.3         from Ch. 122, par. 17-2.3                         
   105 ILCS 5/17-2.11        from Ch. 122, par. 17-2.11                        
   105 ILCS 5/19-1           from Ch. 122, par. 19-1                           
   35 ILCS 200/18-200 rep.                                                     

        Amends the Property Tax Extension Limitation Law of the  Property      
   Tax  Code.  Excludes bonds issued by school boards for fire prevention      
   and safety purposes after the effective date of  this  amendatory  Act      
   and  bonds issued to refund said bonds issued after the effective date      
   of this amendatory Act from the definition of "debt service  extension      
   base".    Provides  that the aggregate extension for a school district      
   shall not include any extension  (i)  made  for  fire  prevention  and      
   safety  purposes produced by that portion of the rate for such purpose      
   in excess of the district's maximum permissible rate for such  purpose      
   immediately  prior  to the effective date of this amendatory Act, (ii)      
   made for payments of principal and interest  on  fire  prevention  and      
   safety bonds issued after the effective date of this amendatory Act or      
   on  bonds  issued to refund said bonds issued after the effective date      
   of this amendatory Act, (iii)  made  for  operations  and  maintenance      
   purposes  produced  by  that  portion  of the rate for such purpose in      
   excess of the district's maximum permissible  rate  for  such  purpose      
   immediately  prior  to  the  effective date of this amendatory Act, or      
   (iv) made for capital improvement purposes produced by that portion of      
   the rate  for  such  purpose  in  excess  of  the  district's  maximum      
   permissible  rate  for such purpose immediately prior to the effective      
   date of this amendatory Act.   Amends the School Code.  Provides  that      
   urgent  and required items for the purpose of the safety survey report      
   of the school board shall be defined in the rules adopted by the State      
   Board of Education, and that required items shall be corrected no more      
   than 3 years (was 5 years) from the date of the  State  Superintendent      
   of  Education's  approval of the recommendation.  Makes changes in the      
   Sections concerning borrowing money and  issuing  bonds,  tax  levies,      
   backdoor  referendums,  capital  improvement taxes, the school board's      
   power to levy  a  tax  or  borrow  money  and  issue  bonds  for  fire      
   prevention  and  safety  purposes,  and  debt  limitations  of  school      
   districts.    Repeals  the  Section  of  the  Property  Tax  Extension      
   Limitation  Law  of  the Property Tax Code concerning the School Code.      
   Effective immediately.                                                      
   00-02-08  S  FIRST READING                                                  
   00-02-08  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   00-02-09  S       ASSIGNED TO COMMITTEE               REVENUE               
   00-02-17  S                         HELD IN COMMITTEE                       
   00-02-17  S                   COMMITTEE               REVENUE               
   00-02-18  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   01-01-09  S  SESSION SINE DIE                                               

   END OF INQUIRY 



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