Notice of Proposed (Increased) Real Estate Transfer Tax for (commonly known name of municipality).
A public hearing on a resolution to submit to referendum the question of a proposed (increased) real estate transfer tax for (legal name of the municipality) in an amount of (rate) to be paid by the buyer (seller) of the real estate transferred will be held on (date) at (time) at (location). The current rate of real estate transfer tax imposed by (name of municipality) is (rate)
Any person desiring to appear at the public hearing and present testimony to the taxing district may do so.
If a majority of the electors voting on the proposition vote in favor of it, the municipality may impose or increase the municipal real estate transfer tax or fee.
65 ILCS 5/8-3-19