IL HB2516

Counties may opt out of tax increases imposed under Section 4.03 of the Regional Transportation Act (as amended by Public Act 95-708) through county board ordinance/resolution or by referendum.

A county that opts out will no longer have the tax increase imposed or collected within its borders and will forfeit all distributions and benefits derived from that tax increase.

County boards may submit an opt-out question to voters at a consolidated or general election, with the proposition worded as "Shall the County of [name] opt out of [description of tax increase]?"

An opt-out becomes effective if a majority of electors voting on the proposition vote in favor of it.

Counties cannot opt out of tax increases if the proceeds are pledged to make principal or interest payments on bonds or other long-term debt.