HB0294 102ND GENERAL ASSEMBLY

LRB102 10482 HLH 15811 b

102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB0294

Introduced 1/29/2021, by Rep. Kathleen Willis

SYNOPSIS AS INTRODUCED:

35 ILCS 200/10-610

Amends the Property Tax Code. Provides that provisions concerning the assessment of wind energy devices apply through assessment year 2035 (currently, 2021). Effective immediately.

FISCAL NOTE ACT MAY APPLY

HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning revenue.

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

Section 5. The Property Tax Code is amended by changing Section 10-610 as follows:

(35 ILCS 200/10-610)

Sec. 10-610. Applicability.

(a) The provisions of this Division apply for assessment years 2007 through 2035 2021.

(b) The provisions of this Division do not apply to wind energy devices that are owned by any person or entity that is otherwise exempt from taxation under the Property Tax Code.

(Source: P.A. 99-825, eff. 8-16-16.)

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