SB1631ham001 93RD GENERAL ASSEMBLY

Rep. Michael K. Smith

Filed: 5/12/2004

09300SB1631ham001 LRB093 03039 RCE 50696 a

AMENDMENT TO SENATE BILL 1631

AMENDMENT NO. ______. Amend Senate Bill 1631 by replacing everything after the enacting clause with the following:

"Section 5. The Property Tax Code is amended by changing Section 15-143 as follows:

(35 ILCS 200/15-143)

Sec. 15-143. Metropolitan Water Reclamation Districts in counties with a population greater than 3,000,000. All property that is located in a county with a population greater than 3,000,000 and that is owned by a metropolitan water reclamation district districts in a county counties with a population greater than 3,000,000 is exempt. Any such property leased to an entity that is not exempt shall remain exempt, and the leasehold interest of the lessee shall be assessed under Section 9-195 of this Code. The changes made by this amendatory Act of the 93rd General Assembly are declaratory of existing law.

(Source: P.A. 91-546, eff. 8-14-99.)

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