Full Text of SB1753 94th General Assembly
SB1753eng 94TH GENERAL ASSEMBLY
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SB1753 Engrossed |
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LRB094 10880 RAS 41426 b |
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| AN ACT concerning education.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The School Code is amended by changing Section | 5 |
| 17-2.2c as follows:
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| (105 ILCS 5/17-2.2c) (from Ch. 122, par. 17-2.2c)
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| Sec. 17-2.2c. Tax for leasing educational facilities ,
or
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| computer technology ,
or transportation vehicles or any | 9 |
| combination thereof
both , and for temporary relocation expense | 10 |
| purposes. The school board of
any district, by proper | 11 |
| resolution, may levy an annual tax, in
addition to any other | 12 |
| taxes and not subject to the limitations specified
elsewhere in | 13 |
| this Article, not to exceed .05% upon the value of the taxable
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| property as equalized or assessed by the Department of Revenue, | 15 |
| for the purpose
of leasing educational facilities ,
or computer | 16 |
| technology , or transportation vehicles or any combination | 17 |
| thereof
both , and, in order
to repay the State all moneys | 18 |
| distributed to it for temporary relocation
expenses of the | 19 |
| district, may levy an annual tax not to exceed .05% upon the
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| value of the taxable property as equalized or assessed by the | 21 |
| Department of
Revenue for a period not to exceed 7 years for | 22 |
| the purpose of providing for the
repayment of moneys | 23 |
| distributed for temporary relocation expenses of the school
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| district pursuant to Section 2-3.77.
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| The tax rate limit specified by this Section with respect | 26 |
| to an annual
tax levied for the purpose of leasing educational | 27 |
| facilities ,
or computer
technology , or transportation vehicles | 28 |
| or any combination thereof
both may be
increased to .10% upon | 29 |
| the approval of a proposition to effect such
increase by a | 30 |
| majority of the electors voting on that proposition at a
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| regular scheduled election. Such proposition may be initiated | 32 |
| by
resolution of the school board and shall be certified by the |
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SB1753 Engrossed |
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LRB094 10880 RAS 41426 b |
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| secretary to
the proper election authorities for submission in | 2 |
| accordance with the
general election law.
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| The district is authorized to pledge any tax levied | 4 |
| pursuant to this
Section for the purpose of leasing educational | 5 |
| facilities ,
or computer
technology , or transportation vehicles | 6 |
| or any combination thereof
both to secure the payment of any | 7 |
| lease, lease-purchase
agreement, or installment purchase | 8 |
| agreement entered into by the district for
such purpose.
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| For the purposes of this Section, "leasing of educational | 10 |
| facilities ,
or
computer technology , or transportation vehicles | 11 |
| or any combination thereof
both " includes any payment with | 12 |
| respect to a lease,
lease-purchase agreement, or installment | 13 |
| purchase agreement to acquire or use
buildings, rooms, grounds, | 14 |
| and appurtenances to be used by the district for the
use of | 15 |
| schools or for school administration purposes ,
and all
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| equipment, fixtures, renovations, and improvements to existing | 17 |
| facilities of
the district necessary to accommodate computers, | 18 |
| as well as computer hardware
and software , and vehicles for | 19 |
| school-related transportation, including buses .
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| Any school district may abolish or abate its fund for | 21 |
| leasing educational
facilities ,
or computer technology , or | 22 |
| transportation vehicles or any combination thereof
both and for | 23 |
| temporary relocation
expense purposes upon the adoption
of a | 24 |
| resolution so providing and upon a determination by the school | 25 |
| board that
the moneys in the fund are no longer needed for | 26 |
| leasing educational facilities ,
or computer technology , or | 27 |
| transportation vehicles or any combination thereof
both or for | 28 |
| temporary relocation expense
purposes. The resolution shall | 29 |
| direct the
transfer of any balance in the fund to another | 30 |
| school district fund or funds
immediately upon the resolution | 31 |
| taking effect. Thereafter, any outstanding
taxes of the school | 32 |
| district levied pursuant to this Section shall be
collected and | 33 |
| paid into the fund or funds as directed by the school board.
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| Nothing in this Section shall prevent a school district that | 35 |
| has abolished or
abated the fund from again creating a fund for | 36 |
| leasing educational facilities
and for temporary relocation |
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| expense purposes in the manner provided in this
Section.
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| (Source: P.A. 89-106, eff. 7-7-95; 90-97, eff. 7-11-97; 90-464, | 3 |
| eff.
8-17-97; 90-655, eff. 7-30-98.)
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| Section 99. Effective date. This Act takes effect upon | 5 |
| becoming law.
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