SB2324 Summary

• Amends the Counties Code to modify the school facility and resources occupation tax by clarifying that the reference to Public Act 102-700 replaces the phrase "this amendatory Act of the 102nd General Assembly" in provisions regarding the 0% tax rate on certain tangible personal property.

• Updates the process for submitting referendum questions after the effective date of the 103rd General Assembly by allowing the regional superintendent of schools to certify questions when school district boards representing more than 51% of student enrollment (or two-thirds of school districts) approve, rather than just more than 50% of enrollment.

• Corrects a grammatical error by replacing a comma with a semicolon in the section describing how tax revenues are distributed to regional superintendents of schools.

• Maintains the structure allowing counties to impose retailers' occupation and service occupation taxes at rates in quarter-percent increments up to 1% for school facility purposes, school resource officers, and mental health professionals, subject to voter approval.

• Takes effect upon becoming law.