Public Act 093-0767
 
SB1631 Enrolled LRB093 03039 RCE 03056 b

    AN ACT in relation to the Metropolitan Water Reclamation
District.
 
    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 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.