Bill Text: IL SB1461 | 2019-2020 | 101st General Assembly | Engrossed

---

Bill Title: Amends the Property Tax Code. In a Section concerning a reduced extension for a school district's educational purposes, provides that the Section applies if the school district's final percent of adequacy (currently, adequacy target) exceeds 110%. Provides that the referendum petition for the reduction shall be submitted to and certified by the school board's secretary (currently, the applicable election authority). Effective immediately.

Spectrum: Bipartisan Bill

Status: (Failed) 2021-01-13 - Session Sine Die [SB1461 Detail]

Download: Illinois-2019-SB1461-Engrossed.html

---

SB1461 Engrossed LRB101 08012 HLH 53073 b
AN ACT concerning revenue.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Property Tax Code is amended by changing
Section 18-206 as follows:
(35 ILCS 200/18-206)
Sec. 18-206. Decrease in extension for educational
purposes.
(a) Notwithstanding any other provision of law, for those
school districts whose final percent of adequacy targets, as
defined in Section 18-8.15 of this Code, exceeds exceed 110%
for the school year that begins during the calendar year
immediately preceding the levy year for which the reduction
under this Section is sought, the question of whether the
school district shall reduce its extension for educational
purposes for the levy year in which the election is held to an
amount that is less than the extension for educational purposes
for the immediately preceding levy year shall be submitted to
the voters of the school district at the next consolidated
election but only upon submission of a petition signed by not
fewer than 10% of the registered voters in the school district.
In no event shall the reduced extension be more than 10% lower
than the amount extended for educational purposes in the

SB1461 Engrossed - 2 - LRB101 08012 HLH 53073 b
previous levy year, and in no event shall the reduction cause
the school district's final percent of adequacy target to fall
below 110% for the levy year for which the reduction is sought.
(b) The petition shall be filed with the school board's
secretary applicable election authority, as defined in Section
1-3 of the Election Code, or, in the case of multiple election
authorities, with the State Board of Elections, not less more
than 92 days 10 months nor less than 6 months prior to the
election at which the question is to be submitted to the
voters, and its validity shall be determined as provided by
Article 28 of the Election Code and general election law. The
school board's secretary election authority or Board, as
applicable, shall certify the question and the proper election
authority or authorities shall submit the question to the
voters. Except as otherwise provided in this Section, this
referendum shall be subject to all other general election law
requirements.
(c) The proposition seeking to reduce the extension for
educational purposes shall be in substantially the following
form:
Shall the amount extended for educational purposes by
(school district) be reduced from (previous levy year's
extension) to (proposed extension) for (levy year), but in
no event lower than the amount required to maintain a final
percent of an adequacy target of 110%?
Votes shall be recorded as "Yes" or "No".

SB1461 Engrossed - 3 - LRB101 08012 HLH 53073 b
If a majority of all votes cast on the proposition are in
favor of the proposition, then, for the levy year in which the
election is held, the amount extended by the school district
for educational purposes shall be reduced as provided in the
referendum; however, in no event shall the reduction exceed the
amount that would cause the school district to have a final
percent of an adequacy target of 110% for the applicable school
year.
Once the question is submitted to the voters, then the
question may not be submitted again for the same school
district at any of the next 2 consolidated elections.
(d) For school districts that approve a reduction under
this Section, the county clerk shall extend a rate for
educational purposes that is no greater than the limiting rate
for educational purposes. If the school district is otherwise
subject to this Law for the applicable levy year, then, for the
levy year in which the reduction occurs, the county clerk shall
calculate separate limiting rates for educational purposes and
for the aggregate of the school district's other funds.
As used in this Section:
"School district" means each school district in the State,
regardless of whether or not that school district is otherwise
subject to this Law.
"Limiting rate for educational purposes" means a fraction
the numerator of which is the greater of (i) the amount
approved by the voters in the referendum under subsection (c)

SB1461 Engrossed - 4 - LRB101 08012 HLH 53073 b
of this Section or (ii) the amount that would cause the school
district to have a final percent of an adequacy target of 110%
for the applicable school year, but in no event more than the
school district's extension for educational purposes in the
immediately preceding levy year, and the denominator of which
is the current year's equalized assessed value of all real
property under the jurisdiction of the school district during
the prior levy year.
(Source: P.A. 100-465, eff. 8-31-17.)
Section 99. Effective date. This Act takes effect upon
becoming law.