Bill Text: IL HB3188 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the School Code. Provides that no later than 30 days before a school district submits to the voters of that district a question on whether to issue bonds or increase the school district's property tax rate, the school district must send informational material to each resident of voting age in the school district; defines "informational material". Specifies what must be included in the informational material. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2023-02-17 - Referred to Rules Committee [HB3188 Detail]
Download: Illinois-2023-HB3188-Introduced.html
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1 | AN ACT concerning education.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The School Code is amended by adding Sections | ||||||||||||||||||||||||||
5 | 17-3.4a and 34-52.5 as follows:
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6 | (105 ILCS 5/17-3.4a new) | ||||||||||||||||||||||||||
7 | Sec. 17-3.4a. Tax increase; informational material. | ||||||||||||||||||||||||||
8 | (a) In this Section, "informational material" means a | ||||||||||||||||||||||||||
9 | one-page fact sheet distributed via U.S. mail to all residents | ||||||||||||||||||||||||||
10 | of a school district. A school district may determine the form | ||||||||||||||||||||||||||
11 | of the fact sheet. | ||||||||||||||||||||||||||
12 | (b) No later than 30 days before a school district submits | ||||||||||||||||||||||||||
13 | to the voters of that district a question on whether to issue | ||||||||||||||||||||||||||
14 | bonds or increase the school district's property tax rate, the | ||||||||||||||||||||||||||
15 | school district must send informational material to each | ||||||||||||||||||||||||||
16 | resident of voting age in the school district. The | ||||||||||||||||||||||||||
17 | informational material must include all of the following, if | ||||||||||||||||||||||||||
18 | applicable: | ||||||||||||||||||||||||||
19 | (1) A description of the project for which the bonds | ||||||||||||||||||||||||||
20 | will be issued. | ||||||||||||||||||||||||||
21 | (2) A description of the estimated expenditures | ||||||||||||||||||||||||||
22 | associated with the increase in the property tax rate. | ||||||||||||||||||||||||||
23 | (3) An estimate of the number of years during which |
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1 | the bonds will be outstanding. | ||||||
2 | (4) An estimate of the total debt service to be paid on | ||||||
3 | the bonds, including principal, interest, and the costs of | ||||||
4 | issuing the bonds. | ||||||
5 | (5) All potential outcomes related to the property | ||||||
6 | taxes of a median-priced house in the district for both if | ||||||
7 | the referendum passes and if the referendum fails.
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8 | (105 ILCS 5/34-52.5 new) | ||||||
9 | Sec. 34-52.5. Tax increase; informational material. | ||||||
10 | (a) In this Section, "informational material" means a | ||||||
11 | one-page fact sheet distributed via U.S. mail to all residents | ||||||
12 | of the school district. The school district may determine the | ||||||
13 | form of the fact sheet. | ||||||
14 | (b) No later than 30 days before the school district | ||||||
15 | submits to the voters of the district a question on whether to | ||||||
16 | issue bonds or increase the school district's property tax | ||||||
17 | rate, the school district must send informational material to | ||||||
18 | each resident of voting age in the school district. The | ||||||
19 | informational material must include all of the following, if | ||||||
20 | applicable: | ||||||
21 | (1) A description of the project for which the bonds | ||||||
22 | will be issued. | ||||||
23 | (2) A description of the estimated expenditures | ||||||
24 | associated with the increase in the property tax rate. | ||||||
25 | (3) An estimate of the number of years during which |
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1 | the bonds will be outstanding. | ||||||
2 | (4) An estimate of the total debt service to be paid on | ||||||
3 | the bonds, including principal, interest, and the costs of | ||||||
4 | issuing the bonds. | ||||||
5 | (5) All potential outcomes related to the property | ||||||
6 | taxes of a median-priced house in the district for both if | ||||||
7 | the referendum passes and if the referendum fails.
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8 | Section 99. Effective date. This Act takes effect upon | ||||||
9 | becoming law.
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