92nd General Assembly
Summary of HB1926
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House Sponsors:

Senate Sponsors:

Short description: 
HWY CD-RD DIST-TAX-MAINTAIN BD                                             

Synopsis of Bill as introduced:
        Amends the Illinois Highway Code.  Provides that in  addition  to      
   levying  a  tax to accumulate funds for certain other purposes, a road      
   district may levy  taxes  to  accumulate  funds  for  the  purpose  of      
   maintaining roads.                                                          
          FISCAL NOTE (Department of Revenue)                                  
          HB 1926 is solely a local government concern and has no fiscal       
          impact upon State receipts or the Department of Revenue.             
        HOUSE AMENDMENT NO. 1.                                                 
        Further amends the Illinois Highway Code.  Provides that  a  road      
   district's tax levy for acquiring and constructing buildings and roads      
   and for procuring equipment must be approved by referendum if the road      
   district  is  not subject to the Property Tax Extension Limitation Law      
   of the Property Tax Code (now, the tax levy for those purposes in  all      
   road  districts must be approved by referendum).  Provides that a road      
   district's annual budget and appropriation ordinance  must  state  the      
   amount,  purpose, and duration of any accumulation of funds authorized      
   by the provisions concerning tax levies.  Adds an immediate  effective      
        HOUSE AMENDMENT NO. 2.                                                 
        Changes a reference to Section 6-50 of the Illinois Highway  Code      
   to Section 6-501 of the Illinois Highway Code.                              
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   2     SENATE -   0


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