The aggregate amount of reimbursements that may be awarded under this Section for all taxing districts in any calendar year may not exceed the lesser of $30,000,000 or the amount appropriated for the program for that calendar year. If the total amount of eligible reimbursements under this Section exceeds the lesser of $30,000,000 or the amount appropriated for the program for that calendar year, then the reimbursement amount awarded to each particular taxing district shall be reduced on a pro rata basis until the aggregate amount of reimbursements awarded under this Section for the calendar year does not exceed the lesser of $30,000,000 or the amount appropriated for the program for the calendar year.
"Base year" means the taxable year that is 2 years before the start of the State fiscal year in which the application for reimbursement is made.
"Taxable year" means the calendar year during which property taxes payable in the next succeeding year are levied.
"Taxing district" has the meaning given to that term in Section 1-150 of the Property Tax Code.
20 ILCS 2505/2505-810