HB2681 amends the Park District and Municipal Aquarium and Museum Act to allow municipalities and park districts to levy taxes for aquariums and.
HB2681 amends the Park District and Municipal Aquarium and Museum Act to allow municipalities and park districts to levy taxes for aquariums and museums in public parks. The tax rates are limited to 0.03% to 0.15% of the full, fair cash value of taxable property. The proceeds of the tax are to be used for establishing, acquiring, completing, erecting, enlarging, ornamenting, building, rebuilding, rehabilitating, improving, operating, maintaining, and caring for the aquariums and museums.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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