SB 1640

  • Illinois Senate Bill
  • 94th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Sch Cd-Unit Dist-Tax Rate

Abstract

Amends the School Code. For school districts having a population of less than 500,000 inhabitants, provides that, subject to referendum, the maximum tax rate for certain recently formed community unit school districts that have a combined rate of more than 4% is as follows: for 2 years, the same as the actual combined rate of the previous elementary and secondary district; and in each subsequent year the rate shall be reduced by 0.10% or reduced to 4.00%, whichever is less. The school board may seek to increase the reduced rate by referendum. Effective immediately.

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Jan 09, 2007

Senate

Session Sine Die

Feb 24, 2005

Senate

Filed with Secretary by Sen. Gary G. Dahl

Senate

Chief Co-Sponsor Sen. Dan Rutherford

Senate

First Reading

Senate

Referred to Rules

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