SCH CD-UNIT DIST-TAX RATE Senate SponsorsSen. Gary G. Dahl-Dan Rutherford 1/9/2007SenateSession Sine Die 105 ILCS 5/17-3from Ch. 122, par. 17-3 Amends the School Code. For school districts having a population of less than 500,000 inhabitants, provides that, subject to referendum, the maximum tax rate for certain recently formed community unit school districts that have a combined rate of more than 4% is as follows: for 2 years, the same as the actual combined rate of the previous elementary and secondary district; and in each subsequent year the rate shall be reduced by 0.10% or reduced to 4.00%, whichever is less. The school board may seek to increase the reduced rate by referendum. Effective immediately. 2/24/2005SenateFiled with Secretary by Sen. Gary G. Dahl 2/24/2005SenateChief Co-Sponsor Sen. Dan Rutherford 2/24/2005SenateFirst Reading 2/24/2005SenateReferred to Rules 1/9/2007SenateSession Sine Die