PROP TAX-SPECIAL SERVICE AREAS Senate SponsorsSen. A. J. Wilhelmi House Sponsors(Rep. Frank J. Mautino) 3/1/2010SenatePublic Act . . . . . . . . . 96-0884 35 ILCS 200/27-45Amends the Property Tax Code. Authorizes the issuance of refunding bonds for special service area bonds and sets forth requirements for the term and debt service of the refunding bonds. Provides that specified property taxes in 2 or more special service areas may be pledged to secure a single bond issue benefitting the special service areas if those special service areas are within the corporate limits of a municipality. Provides that property taxes that are pledged to secure a single bond issue benefitting more than one special service area shall be levied on a basis that provides a rational relationship between the amount of the tax levied against each lot, block, tract, and parcel of land in the special service area and the special service benefit rendered. Effective immediately.House Committee Amendment No. 1 Deletes reference to:35 ILCS 200/27-45Adds reference to:35 ILCS 200/27-5Deletes everything after the enacting clause. Amends the Property Tax Code. Makes a technical change in a Section concerning the Special Service Area Tax Law.House Floor Amendment No. 4 Deletes everything after the enacting clause. Reinserts the provisions of House Amendment No. 3 with changes. Amends the Property Tax Code. Authorizes the issuance of refunding bonds for special service area bonds if the municipality or county finds that refunding is in the best interest of the taxpayers of the special service area. Provides that the bonds may be issued without meeting certain notice and hearing requirements. Sets forth requirements for the term and debt service of the refunding bonds. Provides that the interest rate on the refunding bonds, the maximum principal of the refunding bonds, and the maximum period of time over which the refunding bonds may be retired may not be greater than that set forth in the notice for the refunded bonds. Provides that specified property taxes in 2 or more special service areas may be pledged to secure a single bond issue benefitting the special service areas if those special service areas are within the corporate limits of a municipality. Provides that property taxes that are pledged to secure a single bond issue benefitting more than one special service area shall be levied on a basis that provides a rational relationship between the amount of the tax levied against each lot, block, tract, and parcel of land in the special service area and the special service benefit rendered. Effective immediately.Governor Amendatory Veto Message Proposes to remove language limiting the maximum principal amount of the refunding bonds. Proposes to provide that the debt service of the refunding bonds may not exceed the debt service estimated to be paid over the remaining duration of the refunded bonds. 2/20/2009SenateFiled with Secretary by Sen. A. J. Wilhelmi 2/20/2009SenateFirst Reading 2/20/2009SenateReferred to Assignments 3/4/2009SenateAssigned to Revenue 3/12/2009SenateDo Pass Revenue; 007-000-000 3/12/2009SenatePlaced on Calendar Order of 2nd Reading March 17, 2009 3/24/2009SenateSecond Reading 3/24/2009SenatePlaced on Calendar Order of 3rd Reading March 25, 2009 4/1/2009SenateThird Reading - Passed; 057-000-000 4/1/2009HouseArrived in House 4/1/2009HousePlaced on Calendar Order of First Reading 4/2/2009HouseChief House Sponsor Rep. Frank J. Mautino 4/2/2009HouseFirst Reading 4/2/2009HouseReferred to Rules Committee 4/14/2009HouseAssigned to Revenue & Finance Committee 4/30/2009HouseHouse Committee Amendment No. 1 Filed with Clerk by Revenue & Finance Committee 4/30/2009HouseHouse Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote 4/30/2009HouseDo Pass as Amended / Short Debate Revenue & Finance Committee; 012-000-000 4/30/2009HousePlaced on Calendar 2nd Reading - Short Debate 5/12/2009HouseSecond Reading - Short Debate 5/12/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/18/2009HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Frank J. Mautino 5/18/2009HouseHouse Floor Amendment No. 2 Referred to Rules Committee 5/20/2009HouseRecalled to Second Reading - Short Debate 5/20/2009HouseHeld on Calendar Order of Second Reading - Short Debate 5/22/2009HouseFinal Action Deadline Extended-9(b) May 29, 2009 5/26/2009HouseHouse Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee 5/26/2009HouseHouse Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 007-001-000 5/28/2009HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Frank J. Mautino 5/28/2009HouseHouse Floor Amendment No. 3 Referred to Rules Committee 5/29/2009HouseFinal Action Deadline Extended-9(b) May 31, 2009 5/30/2009HouseHouse Floor Amendment No. 4 Filed with Clerk by Rep. Frank J. Mautino 5/30/2009HouseHouse Floor Amendment No. 4 Referred to Rules Committee 5/31/2009HouseHouse Floor Amendment No. 4 Recommends Be Adopted Rules Committee; 004-000-000 5/31/2009HouseHouse Committee Amendment No. 1 Motion Filed to Table Rep. Frank J. Mautino 5/31/2009HouseHouse Committee Amendment No. 1 Motion to Table Referred to Rules Committee 5/31/2009HouseHouse Floor Amendment No. 2 Withdrawn by Rep. Frank J. Mautino 5/31/2009HouseHouse Floor Amendment No. 4 Adopted by Voice Vote 5/31/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/31/2009HouseThird Reading - Short Debate - Passed 118-000-000 5/31/2009HouseHouse Floor Amendment No. 3 Tabled Pursuant to Rule 40(a) 5/31/2009SenateSecretary's Desk - Concurrence House Amendment(s) 1, 4 5/31/2009SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1, 4 - May 31, 2009 5/31/2009HouseHouse Committee Amendment No. 1 Motion Tabled 6/23/2009SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. A. J. Wilhelmi 6/23/2009SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments 6/23/2009SenateHouse Floor Amendment No. 4 Motion to Concur Filed with Secretary Sen. A. J. Wilhelmi 6/23/2009SenateHouse Floor Amendment No. 4 Motion to Concur Referred to Assignments 8/15/2009SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 10/30/2009SenateApproved for Consideration Assignments 10/30/2009SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1, 4 - October 30, 2009 10/30/2009SenateHouse Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive 10/30/2009SenateHouse Floor Amendment No. 4 Motion to Concur Assignments Referred to Executive 10/30/2009SenateHouse Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 012-000-000 10/30/2009SenateHouse Floor Amendment No. 4 Motion To Concur Recommended Do Adopt Executive; 012-000-000 10/30/2009SenateHouse Committee Amendment No. 1 Senate Concurs 054-000-000 10/30/2009SenateHouse Floor Amendment No. 4 Senate Concurs 054-000-000 10/30/2009SenatePassed Both Houses 11/25/2009SenateSent to the Governor 1/21/2010SenateGovernor Amendatory Veto 2/8/2010SenatePlaced on Calendar Amendatory Veto February 9, 2010 2/9/2010SenateAmendatory Veto Motion - Motion Filed Accept Amendatory Veto Sen. A. J. Wilhelmi 2/9/2010SenateAmendatory Veto Motion - Motion Referred to Assignments 2/9/2010SenateAmendatory Veto Motion - Approved for Consideration Assignments 2/9/2010SenateAccept Amendatory Veto - Senate Passed 048-000-001 2/9/2010HouseArrived in House 2/9/2010HousePlaced on Calendar Amendatory Veto February 10, 2010 2/10/2010HouseAmendatory Veto Motion - Motion Filed Accept Amendatory Veto Rep. Frank J. Mautino 2/10/2010HouseAmendatory Veto Motion - Motion Referred to Rules Committee 2/10/2010HouseAmendatory Veto Motion - Accept Motion Recommends Be Adopted Rules Committee; 003-000-000 2/11/2010HouseAccept Amendatory Veto - House Passed 108-001-000 2/11/2010SenateBoth Houses Accepted Amendatory Veto 2/16/2010SenateReturned to Governor for Certification 3/1/2010SenateGovernor Certifies Changes 3/1/2010SenateEffective Date March 1, 2010 3/1/2010SenatePublic Act . . . . . . . . . 96-0884