(a) Whenever a petition containing the signatures of at least 1,000 or 10% of the registered voters, whichever is less, residing in a municipality of 500,000 or fewer inhabitants is presented to the corporate authorities of the municipality requesting the submission of a proposition to levy a tax at a rate not exceeding .075% upon the value, as equalized or assessed by the Department of Revenue, of all property within the municipality subject to taxation, for the purpose of financing a public transportation system for elderly persons and persons with disabilities, the corporate authorities of such municipality shall adopt an ordinance or resolution directing the proper election officials to place the proposition on the ballot at the next election at which such proposition may be voted upon. The petition shall be filed with the corporate authorities at least 90 days prior to the next election at which such proposition may be voted upon. The petition may specify whether the transportation system financed by a tax levy under this Section is to serve only the municipality levying such tax or specified regions outside the corporate boundaries of such municipality in addition thereto. The petition shall be in substantially the following form:
     We, the undersigned registered voters residing in ….. (specify the municipality), in the County of ….. and State of Illinois, do hereby petition that the corporate authorities of ……. (specify the municipality) be required to place on the ballot the proposition requiring the municipality to levy an annual tax at the rate of …… (specify a rate not exceeding .075%) on all taxable property in ……. (specify the municipality) for the purpose of financing a public transportation system for elderly persons and persons with disabilities within …… (specify the municipality and any regions outside the corporate boundaries to be served by the transportation system).
Name………        Address………..
State of Illinois)
                 )ss
County of…  )
     I …….., do hereby certify that I am a registered voter, that I reside at No……. street, in the …… of ……… County of ……… and State of Illinois, and that signatures in this sheet were signed in my presence, and are genuine, and that to the best of my knowledge and belief the persons so signing were at the time of signing the petitions registered voters, and that their respective residences are correctly stated, as above set forth.

    Subscribed and sworn to me this ……….. day of ………. A.D….
     The proposition shall be in substantially the following form:
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     Shall a tax of …… % (specify
a rate not exceeding .075%) be levied
annually on all taxable property in
……(specify the municipality) to pay     YES
the cost of operating and maintaining
a public transportation system for      ——————-
elderly persons and persons with disabilities 
within……..(specify the municipality      NO
and any regions outside the corporate
boundaries to be served by the
transportation system)?
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     If the majority of the voters of the municipality voting therein vote in favor of the proposition, the corporate authorities of the municipality shall levy such annual tax at the rate specified in the proposition. If the majority of the vote is against such proposition, such tax may not be levied.
     (b) Municipalities under this Section may contract with any not-for-profit corporation, subject to the General Not for Profit Corporation Act and incorporated primarily for the purpose of providing transportation to elderly persons and persons with disabilities, for such corporation to provide transportation-related services for the purposes of this Section. Municipalities should utilize where possible existing facilities and systems already operating for the purposes outlined in this Section.
     (c) Taxes authorized under this Section may be used only for the purpose of financing a transportation system for elderly persons and persons with disabilities as authorized in this Section.
     (d) For purposes of this Section, “persons with disabilities” means any individuals who, by reason of illness, injury, age, congenital malfunction, or other permanent or temporary disability, are unable without special public transportation facilities or special planning or design to utilize ordinary public transportation facilities and services as effectively as persons who are not so affected.
“Public transportation for elderly persons and persons with disabilities” means a transportation system for persons who have mental or physical difficulty in accessing or using the conventional public mass transportation system, or for any other reason.