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IL SB1511

Bill

Official Source

Status

Failed

1/13/2015

Primary Sponsor

Emil Jones

Click for details

Origin

Senate

98th General Assembly

AI Summary

  • Amends Section 2a.1 of the Airport Authorities Act (70 ILCS 5/2a.1)
  • Makes a technical change correcting the grammar in the opening phrase of the section regarding petitions to set forth tax rates
  • Petition for an airport authority may specify a maximum tax rate not to exceed the rate in Section 13
  • Proposed maximum tax rate must be included in the proposition submitted to voters under Section 2.3
  • If established, the authority's annual aggregate taxes (excluding bonded indebtedness) cannot exceed the specified maximum rate unless voters authorize an increase under Section 13.1

Legislative Description

LOCAL GOVERNMENT-TECH

Last Action

Session Sine Die

1/13/2015

Committee Referrals

Assignments2/7/2013

Full Bill Text

No bill text available