State of Illinois
2021 and 2022


Introduced 2/25/2021, by Sen. Dan McConchie


70 ILCS 5/2a.1  from Ch. 15 1/2, par. 68.2a1

    Amends the Airport Authorities Act. Makes a technical change in a Section concerning the petition to set forth a tax rate.

LRB102 11200 AWJ 16532 b





SB1422LRB102 11200 AWJ 16532 b

1    AN ACT concerning local government.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Airport Authorities Act is amended by
5changing Section 2a.1 as follows:
6    (70 ILCS 5/2a.1)  (from Ch. 15 1/2, par. 68.2a1)
7    Sec. 2a.1. Petition-Setting forth tax rate. The The
8petition may, in addition to the matters required to be set
9forth in Section 2.1, also set forth a tax rate, not to exceed
10the rate specified in Section 13, as the maximum tax rate for
11the proposed Authority. In such case, such proposed maximum
12tax rate shall be included in the proposition submitted as
13provided in Section 2.3, and, in the event the Authority is
14established, the aggregate amount of its taxes for any one
15year, exclusive of the amount levied for bonded indebtedness
16or interest thereon, shall not exceed such maximum tax rate,
17unless an increase in such maximum rate is authorized by vote
18of the electors within the Authority as provided in Section
20(Source: Laws 1963, p. 1837.)