35 ILCS 200/ Property Tax Code.

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35 ILCS 200/18-235

(35 ILCS 200/18-235)

Sec. 18-235.

Tax increment financing districts.

Extensions allocable to a
special tax allocation fund and the amount of taxes abated under Sections
18-165 and 18-170 are not included in the aggregate extension base when
computing the limiting rate.

(Source: P.A. 87-17; 88-455.)

35 ILCS 200/18-240

(35 ILCS 200/18-240)

Sec. 18-240.

Certification of new property.

(a) The township assessor,
the
multi-township assessor, the chief county assessment officer, the board of
review, and the board of appeals shall cause the assessed  value attributable
to new property to be entered and certified in the assessment books under rules
promulgated by the Department.

(b) For the levy year in which this Law first becomes applicable to a
county pursuant to Section 18-213, the chief county assessment
officer shall certify to the county clerk, after all changes by the board of
review or board of appeals, as the case may be, the assessed value of new
property by taxing districts for that levy year under rules promulgated by the
Department.

(Source: P.A. 88-455; 89-510, eff. 1-1-97.)

35 ILCS 200/18-241

(35 ILCS 200/18-241)

Sec. 18-241. School Finance Authority and Financial Oversight Panel.

(a) A School Finance Authority established under Article 1E of
the School Code shall not be a taxing district for purposes of this Law. A Financial Oversight Panel established under Article 1H of the School Code shall not be a taxing district for purposes of this Law.

(b) This Law shall not apply to the extension of taxes for a
school district for the levy year in which a School Finance
Authority for the district is created pursuant to Article 1E of the
School Code. This Law shall not apply to the extension of taxes for the purpose of repaying an emergency financial assistance loan levied pursuant to Section 1H-65 of the School Code.

(Source: P.A. 102-894, eff. 5-20-22.)

35 ILCS 200/18-243

(35 ILCS 200/18-243)

Sec. 18-243.

Severability.

The provisions of the Property Tax Extension
Limitation Law are severable under Section 1.31 of the Statute on Statutes.

(Source: P.A. 89-1, eff. 2-12-95.)

35 ILCS 200/18-245

(35 ILCS 200/18-245)

Sec. 18-245.

Rules.

The Department shall make and promulgate reasonable
rules relating to the administration of the purposes and provisions of Sections
18-185 through 18-240 as may be necessary or appropriate.

(Source: P.A. 87-17; 88-455.)

35 ILCS 200/Art. 18 Div. 5.1

(35 ILCS 200/Art. 18 Div. 5.1 heading) Division 5.1.

One-year Property Tax Extension Limitation Law.