State of Illinois
2015 and 2016


Introduced 2/11/2015, by Sen. Christine Radogno


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.

LRB099 05527 AWJ 25563 b





SB0936LRB099 05527 AWJ 25563 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 tax
12rate shall be included in the proposition submitted as provided
13in Section 2.3, and, in the event the Authority is established,
14the aggregate amount of its taxes for any one year, exclusive
15of the amount levied for bonded indebtedness or interest
16thereon, shall not exceed such maximum tax rate, unless an
17increase in such maximum rate is authorized by vote of the
18electors within the Authority as provided in Section 13.1.
19(Source: Laws 1963, p. 1837.)