FINANCE-GREEN SPECIAL SERVICE Senate SponsorsSen. Daniel Biss 1/13/2015SenateSession Sine Die 20 ILCS 3501/820-1020 ILCS 3501/820-2020 ILCS 3501/820-2520 ILCS 3501/820-37 new35 ILCS 200/27-535 ILCS 200/27-97 new55 ILCS 5/5-1005from Ch. 34, par. 5-100565 ILCS 5/Art. 11 Div. 15.4 heading new65 ILCS 5/11-15.4-1 newAmends the Special Service Area Tax Law in the Property Tax Code. Provides that the corporate authorities of a county or a municipality may establish a green special service area. Provides that those green special service areas shall include only property for which each owner of record has executed a contract or agreement with the county or municipality consenting to the inclusion of the property within the green special service area. Provides that counties and municipalities may levy property taxes in connection with green special service areas. Provides that counties and municipalities may issue bonds in connection with green special service areas and may sell, assign, or pledge those bonds to the Illinois Finance Authority. Amends the Counties Code and the Illinois Municipal Code to provide that each county or municipality shall have the power and authority to engage in specified activities that relate to green special service areas. Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority has the power to purchase special service area bonds and to accept assignments or pledges, or both, of special service area bonds or agreements relating to green special service area projects. Effective immediately.Senate Committee Amendment No. 1 Deletes reference to:20 ILCS 3501/820-1020 ILCS 3501/820-2020 ILCS 3501/820-2520 ILCS 3501/820-37 new35 ILCS 200/27-97 new55 ILCS 5/5-1005from Ch. 34, par. 5-100565 ILCS 5/Art. 11 Div. 15.4 heading new65 ILCS 5/11-15.4-1 newReplaces everything after the enacting clause. Amends the Property Tax Code. Makes a technical change in a Section concerning the Special Service Area Tax Law. 2/7/2014SenateFiled with Secretary by Sen. Daniel Biss 2/7/2014SenateFirst Reading 2/7/2014SenateReferred to Assignments 2/19/2014SenateAssigned to Local Government 3/21/2014SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Daniel Biss 3/21/2014SenateSenate Committee Amendment No. 1 Referred to Assignments 3/25/2014SenateSenate Committee Amendment No. 1 Assignments Refers to Local Government 3/26/2014SenateSenate Committee Amendment No. 1 Adopted 3/26/2014SenateDo Pass as Amended Local Government; 008-000-005 3/26/2014SenatePlaced on Calendar Order of 2nd Reading March 27, 2014 7/1/2014SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 1/13/2015SenateSession Sine Die