Public Act 093-1059
 
SB3090 Enrolled LRB093 20506 NHT 47212 b

    AN ACT concerning schools.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The School Code is amended by adding Section
17-3.5 as follows:
 
    (105 ILCS 5/17-3.5 new)
    Sec. 17-3.5. Maximum-authorized district educational
purposes tax rate. If, at any election held prior to March 19,
2004, the voters of a school district having a population of
less than 500,000 inhabitants approved the proposition to
increase the educational purposes tax rate of the district and
the proposition to increase the rate set forth as the existing
maximum-authorized educational purposes tax rate of the
district the tax rate most recently extended for educational
purposes, then, for the purposes of this Code and the Property
Tax Code, the maximum-authorized educational purposes tax rate
of the district shall be calculated as follows:
        (1) for the first tax year affected by the results of
    the referendum, the district's tax rates shall be
    calculated based upon the rates set forth in the
    proposition; and
        (2) for each tax year thereafter, the district's
    maximum-authorized educational purposes tax rate approved
    at the referendum shall be equal to the sum of the
    district's maximum-authorized educational purposes tax
    rate immediately preceding the referendum plus the
    difference between the rates set forth in the proposition
    submitted to the voters of the district at the referendum.
    Within 10 days after the effective date of this amendatory
Act of the 93rd General Assembly, the school board of any
school district affected by this subsection (a) may,
notwithstanding the requirements of any other law to the
contrary, amend its certificate of tax levy for any year for
which its equalized assessed valuation has not yet been
certified by the county clerk. The amended certificate of tax
levy shall be filed with the county clerk within the 10-day
period after the effective date of this amendatory Act of the
93rd General Assembly.
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 12/8/2004