Rep. Charles E. Jefferson

Filed: 2/18/2010

 

 


 

 


 
09600HB1629ham001 LRB096 05197 RLJ 36742 a

1
AMENDMENT TO HOUSE BILL 1629

2     AMENDMENT NO. ______. Amend House Bill 1629 by replacing
3 everything after the enacting clause with the following:
 
4     "Section 5. The Property Tax Code is amended by adding
5 Section 18-184.10 as follows:
 
6     (35 ILCS 200/18-184.10 new)
7     Sec. 18-184.10. Abatement for newly annexed property. If
8 property is annexed by a municipality under Section 7-1-13.5 of
9 the Illinois Municipal Code, then (i) in the first taxable year
10 after the property is annexed, the county clerk shall abate 75%
11 of the property taxes imposed on that property by the annexing
12 municipality, (ii) in the second taxable year after the
13 property is annexed, the county clerk shall abate 50% of the
14 property taxes imposed on that property by the annexing
15 municipality, and (iii) in the third taxable year after the
16 property is annexed, the county clerk shall abate 25% of the

 

 

09600HB1629ham001 - 2 - LRB096 05197 RLJ 36742 a

1 property taxes imposed on that property by the annexing
2 municipality.
 
3     Section 10. The Illinois Municipal Code is amended by
4 adding Section 7-1-13.5 as follows:
 
5     (65 ILCS 5/7-1-13.5 new)
6     Sec. 7-1-13.5. Annexation of certain property; tax
7 abatement. If unincorporated territory, excluding single
8 parcels of property in excess of 60 acres located within the
9 territory, is wholly bounded by one municipality, has been so
10 bounded for at least 10 years, and no petition for
11 incorporation has been filed for the territory, then the
12 territory may be annexed by the municipality by which it is
13 bounded. The municipality must annex the property by ordinance.
14 Within 30 days after the passage of the annexation ordinance, a
15 copy of the ordinance and an accurate map of the territory
16 annexed must be filed with the recorder and county clerk of the
17 county in which the annexed territory is located.
18     If property is annexed by a municipality under this
19 Section, then taxes of the annexing municipality shall be
20 abated on that property for the first 3 years as provided in
21 Section 18-184.10 of the Property Tax Code.
 
22     Section 99. Effective date. This Act takes effect upon
23 becoming law.".