House Sponsors: MOORE,ANDREA. Senate Sponsors: PETERSON Short description: PROPERTY TAX-PARK LEASES Synopsis of Bill as introduced: Amends the Property Tax Code. Provides that property leased to a park district for $1 or less per year and used exclusively as open space for recreational purposes is exempt from taxes, up to 20 acres per lease. (Now the limit is 20 acres in the aggregate for each district.) Effective immediately. SENATE AMENDMENT NO. 1. Deletes everything. Amends the Property Tax Code. Provides that property leased to a park or conservation district for $1 or less per year and used exclusively as open space for recreational purposes is exempt from taxes, up to 50 acres (rather than 20 acres) in the aggre- gate for each district. Last action on Bill: PUBLIC ACT.............................. 91-0490 Last action date: 99-08-13 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status