PROPERTY TAX-LIBRARIES EXEMPT
Synopsis of Bill as introduced:
Amends the Property Tax Code. Provides that all property used
exclusively for public purposes belonging to a library system
established under the Illinois Library System Act or belonging to a
public library district established under the Public Library District
Act of 1991 is exempt from taxation. Amends the State Mandates Act to
require implementation without reimbursement. Effective immediately.
HOUSE AMENDMENT NO. 1.
Adds reference to:
35 ILCS 200/18-101.25
Further amends the Property Tax Code by making changes to the
Cook County Truth in Taxation Law. In a Section setting forth
public hearing dates for certain tax levies by local taxing districts,
provides that any taxing district required to adopt a levy ordinance
by the first Tuesday in December may hold this public hearing earlier
in order to avoid conflicts with the adoption of its tax levy or
annual appropriation ordinance.
Last action on Bill: PUBLIC ACT.............................. 91-0897
Last action date: 00-07-06
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status