93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4451

 

Introduced 02/03/04, by Robin Kelly

 

SYNOPSIS AS INTRODUCED:
 
70 ILCS 2605/9bb   from Ch. 42, par. 328bb

    Amends the Metropolitan Water Reclamation District Act. Provides that, notwithstanding any provision of law to the contrary, the Metropolitan Water Reclamation District may not levy any amount upon taxable property that is not within the territorial jurisdiction of the district, even if that property receives services from the district. Effective January 1, 2005.


LRB093 19837 MKM 45580 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4451 LRB093 19837 MKM 45580 b

1     AN ACT concerning special districts.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Metropolitan Water Reclamation District Act
5 is amended by changing Section 9bb as follows:
 
6     (70 ILCS 2605/9bb)  (from Ch. 42, par. 328bb)
7     Sec. 9bb. In addition to the corporate working cash fund
8 bonds authorized by Section 9b of this Act, the corporate
9 authorities of any such sanitary district, to provide money for
10 the corporate working cash fund, may levy annually upon all
11 taxable property within the territorial limits of such sanitary
12 district, commencing with the budget year 1972, a tax at a rate
13 not to exceed .005% of the value of all taxable property within
14 such sanitary district as equalized or assessed by the
15 Department of Revenue. The aggregate amount which may be
16 accumulated in such working cash fund from the proceeds of
17 bonds issued, the tax levy and amounts transferred from the
18 construction working cash fund, shall never exceed 90% of the
19 amount produced by multiplying the maximum corporate tax rate
20 permitted under this Act by the last known equalized assessed
21 valuation of all property within the territorial boundaries of
22 the sanitary district at the time any bonds are issued or taxes
23 are levied. The collection of any such tax shall not be
24 anticipated by the issuance of any warrants or notes drawn
25 against the same. Such tax shall be levied and collected in
26 like manner with all other taxes of such sanitary district. It
27 shall be known as the corporate working cash fund tax and shall
28 be in addition to the maximum of all other taxes and tax rates
29 which such sanitary district is now, or may hereafter be,
30 authorized by law to levy upon the aggregate valuation of all
31 taxable property within such sanitary district.
32     Notwithstanding any provision of law to the contrary, the

 

 

HB4451 - 2 - LRB093 19837 MKM 45580 b

1 district may not levy any amount upon taxable property that is
2 not within the territorial jurisdiction of the district, even
3 if that property receives services from the district.
4 (Source: P.A. 82-1046.)
 
5     Section 99. Effective date. This Act takes effect January
6 1, 2005.