(20 ILCS 1135/2a) (from Ch. 127, par. 2752a)
Sec. 2a.
The Department's Superconducting Super Collider land acquisition
program may provide for compensation in excess of fair market value to the
owner of any farmland, as defined in Section 1-60 of the Property Tax Code,
which farmland is acquired by the Department
for purposes of constructing the Superconducting Super Collider. However, only
farmland which has been used as a farm for the 2 years immediately preceding
acquisition of such farmland shall be subject to this Section. Farm dwellings
subject to Section 10-145 of the Property Tax Code and other buildings and
other improvements shall not be subject to
the provisions of this Section. The Department in conjunction with the
Department of Revenue shall conduct a study of farmland values since 1970
for all counties through which the SSC shall pass. The Department shall
complete its study by December 31, 1988 and report its findings to the
General Assembly. Upon completion of its study the Department shall
develop guidelines by which it may compensate in excess of fair market
value the owners of farmland acquired for the construction of the SSC.
(Source: P.A. 88-670, eff. 12-2-94.)
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