Summit Park District Tax Levy Validation (2010) Act.

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(70 ILCS 1610/1)

Sec. 1. Short title. This Act may be cited as the Summit Park District Tax Levy Validation (2010) Act.

(Source: P.A. 96-1205, eff. 7-22-10.)

 

(70 ILCS 1610/5)

Sec. 5. Tax levy ordinances of the Summit Park District. If the Summit Park District has, during the fiscal year 2010-2011, within the time required by law adopted an annual appropriation ordinance for that year and adopted its annual tax levy ordinance for the tax year 2010 and duly files the same with the county clerk of the county in which the district is located, then any such tax levy ordinance and the taxes levied and extended pursuant thereto are hereby validated; however, those taxes are validated only to the extent they do not exceed the maximum amount the district could have levied and the county clerk could have extended under the Property Tax Extension Limitation Law if the Park District had taken into account the recovered tax increment value from the expiration of the West Summit TIF in its 2007 tax year levy and subsequent tax year levies as was permitted by law.

(Source: P.A. 96-1205, eff. 7-22-10.)

 

(70 ILCS 1610/90)

Sec. 90. (Amendatory provisions; text omitted).

(Source: P.A. 96-1205, eff. 7-22-10; text omitted.)

 

(70 ILCS 1610/99)

Sec. 99. Effective date. This Act takes effect upon becoming law.

(Source: P.A. 96-1205, eff. 7-22-10.)


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