SB1550 EngrossedLRB104 09720 RTM 19786 b SB1550 Engrossed LRB104 09720 RTM 19786 b SB1550 Engrossed LRB104 09720 RTM 19786 b 1 AN ACT concerning local government. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Illinois Library System Act is amended by 5 changing Section 8 as follows: 6 (75 ILCS 10/8) (from Ch. 81, par. 118) 7 Sec. 8. State grants. 8 (a) There shall be a program of State grants within the 9 limitations of funds appropriated by the Illinois General 10 Assembly together with other funds made available by the 11 federal government or other sources for this purpose. This 12 program of State grants shall be administered by the State 13 Librarian in accordance with rules and regulations as provided 14 in Section 3 of this Act and shall include the following: (i) 15 annual equalization grants; (ii) Library System grants; (iii) 16 per capita grants to public libraries; and (iv) planning and 17 construction grants to public libraries and library systems 18 and public libraries that are . Libraries, in order to be 19 eligible for grants under this Section, must be members of a 20 library system; and (v) grants to improve or enhance security 21 of libraries. 22 (b) An annual equalization grant shall be made to all 23 public libraries for which the corporate authorities levy a SB1550 Engrossed LRB104 09720 RTM 19786 b SB1550 Engrossed- 2 -LRB104 09720 RTM 19786 b SB1550 Engrossed - 2 - LRB104 09720 RTM 19786 b SB1550 Engrossed - 2 - LRB104 09720 RTM 19786 b 1 tax for library purposes at a rate not less than .13% of the 2 value of all the taxable property as equalized and assessed by 3 the Department of Revenue if the amount of tax revenue 4 obtained from a rate of .13% produces less than $17.50 per 5 capita in property tax revenue from property taxes for Fiscal 6 Year 2025 and thereafter. In that case, the State Librarian is 7 authorized to make an equalization grant equivalent to the 8 difference between the amount obtained from a rate of .13% and 9 an annual income of $17.50 per capita for grants made in Fiscal 10 Year 2025 and thereafter. If moneys appropriated for grants 11 under this Section are not sufficient, then the State 12 Librarian shall reduce the per capita amount of the grants so 13 that the qualifying public libraries receive the same amount 14 per capita, but in no event shall the grant be less than 15 equivalent to the difference between the amount of the tax 16 revenue obtained from the current levy and an annual income of 17 $4.25 per capita. If a library receiving an equalization grant 18 reduces its tax levy below the amount levied at the time the 19 original application is approved, it shall be ineligible to 20 receive further equalization grants. 21 If a library is subject to the Property Tax Extension 22 Limitation Law in the Property Tax Code and its tax levy for 23 library purposes has been lowered to a rate of less than .13%, 24 the library will qualify for this grant if the library levied a 25 tax for library purposes that met the requirements for this 26 grant in the previous year and if the tax levied for library SB1550 Engrossed - 2 - LRB104 09720 RTM 19786 b SB1550 Engrossed- 3 -LRB104 09720 RTM 19786 b SB1550 Engrossed - 3 - LRB104 09720 RTM 19786 b SB1550 Engrossed - 3 - LRB104 09720 RTM 19786 b 1 purposes in the current year produces tax revenue for the 2 library that is an increase over the previous year's extension 3 of 5% or the percentage increase in the Consumer Price Index, 4 whichever is less, and the tax revenue produced by this levy is 5 less than $17.50 per capita in property tax revenue from 6 property taxes for the Fiscal Year 2025 and thereafter. In 7 this case, the State Librarian is authorized to make an 8 equalization grant equivalent to the difference between the 9 amount of tax revenue obtained from the current levy and an 10 annual income of $17.50 per capita for grants made in Fiscal 11 Year 2025 and thereafter. If moneys appropriated for grants 12 under this Section are not sufficient, then the State 13 Librarian shall reduce the per capita amount of the grants so 14 that the qualifying public libraries receive the same amount 15 per capita, but in no event shall the grant be less than 16 equivalent to the difference between the amount of the tax 17 revenue obtained from the current levy and an annual income of 18 $4.25 per capita. If a library receiving an equalization grant 19 reduces its tax levy below the amount levied at the time the 20 original application is approved, it shall be ineligible to 21 receive further equalization grants. 22 (c) Annual Library System grants shall be made, upon 23 application, to each library system approved by the State 24 Librarian on the following basis: 25 (1) For library systems, the sum of $1.46 per capita 26 of the population of the area served plus the sum of $50.75 SB1550 Engrossed - 3 - LRB104 09720 RTM 19786 b SB1550 Engrossed- 4 -LRB104 09720 RTM 19786 b SB1550 Engrossed - 4 - LRB104 09720 RTM 19786 b SB1550 Engrossed - 4 - LRB104 09720 RTM 19786 b 1 per square mile or fraction thereof of the area served 2 except as provided in paragraph (4) of this subsection. 3 (2) If the amounts appropriated for grants are 4 different from the amount provided for in paragraph (1) of 5 this subsection, the area and per capita funding shall be 6 proportionately reduced or increased accordingly. 7 (3) For library systems, additional funds may be 8 appropriated. The appropriation shall be distributed on 9 the same proportional per capita and per square mile basis 10 as provided in paragraphs (1) and (4) of this subsection. 11 (4) Per capita and area funding for a multitype 12 library system as defined in subparagraph (3) of the 13 definition of "library system" in Section 2 and a public 14 library system in cities with a population of 500,000 or 15 more as defined in subparagraph (2) of the definition of 16 "library system" in Section 2 shall be apportioned with 17 25% of the funding granted to the multitype library system 18 and 75% of the funding granted to the public library 19 system. 20 (d) The "area served" for the purposes of making and 21 expending annual Library System grants means the area that 22 lies within the geographic boundaries of the library system as 23 approved by the State Librarian, except that grant funding 24 awarded to a library system may also be expended for the 25 provision of services to members of other library systems if 26 such an expenditure is included in a library system's plan of SB1550 Engrossed - 4 - LRB104 09720 RTM 19786 b SB1550 Engrossed- 5 -LRB104 09720 RTM 19786 b SB1550 Engrossed - 5 - LRB104 09720 RTM 19786 b SB1550 Engrossed - 5 - LRB104 09720 RTM 19786 b 1 service and is approved by the State Librarian. In determining 2 the population of the area served by the library system, the 3 Illinois State Library shall use the latest federal census for 4 the political subdivisions in the area served. 5 (e) In order to be eligible for a grant under this Section, 6 the corporate authorities, instead of a tax levy at a 7 particular rate, may provide an amount equivalent to the 8 amount produced by that levy. 9 (Source: P.A. 103-588, eff. 7-1-24.) SB1550 Engrossed - 5 - LRB104 09720 RTM 19786 b