State of Illinois
91st General Assembly
Legislation

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[ Introduced ][ Engrossed ][ Senate Amendment 001 ]

91_HB0842enr

 
HB0842 Enrolled                                LRB9102028DHmg

 1        AN ACT to amend the Property Tax Code by changing Section
 2    15-105.

 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:

 5        Section  5.  The Property Tax Code is amended by changing
 6    Section 15-105 as follows:

 7        (35 ILCS 200/15-105)
 8        Sec. 15-105.  Park and conservation districts.   (a)  All
 9    property   within   a  park  or  conservation  district  with
10    2,000,000 or more inhabitants and owned by that  district  is
11    exempt,  as  is all property located outside the district but
12    owned by it and used as a nursery, garden, or  farm  for  the
13    growing  of  shrubs,  trees,  flowers  and  plants for use in
14    beautifying, maintaining and  operating  playgrounds,  parks,
15    parkways,  public  grounds, and buildings owned or controlled
16    by the district.
17        (b) Also exempt is All property belonging to any park  or
18    conservation district with less than 2,000,000 inhabitants is
19    exempt. , and All property leased to such a park district for
20    $1  or  less  per year and used exclusively as open space for
21    recreational purposes, not  exceeding  50  20  acres  in  the
22    aggregate for each district is exempt.
23    (Source: P.A. 78-371; 88-455.)

24        Section  99.  Effective date.  This Act takes effect upon
25    becoming law.

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