Bill > SB1291

This bill amends the Property Tax Code, specifically Section 27-32, which addresses special service area (SSA) tax levies. Currently, if an SSA's proposed tax levy is more than 105% of the previous year's levy, a public hearing must be held. The bill adds a new requirement that if the SSA maintains a website, the notice of this hearing must also be posted on that website. This change aims to increase transparency by ensuring that local residents can easily access information about potential significant tax increases in their special service area. A special service area is a designated geographic region where property owners pay an additional tax to fund specific improvements or services like infrastructure, security, or marketing. The bill maintains existing provisions that the hearing can be held up to 30 days before or at the same time as the proposed levy ordinance, and must be convened in a location convenient to the properties within the SSA's boundaries.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1291&GAID=18&DocTypeID=SB&SessionID=114&GA=104