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Public Act 093-0767 |
SB1631 Enrolled |
LRB093 03039 RCE 03056 b |
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AN ACT in relation to the Metropolitan Water Reclamation |
District.
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Be it enacted by the People of the State of Illinois, |
represented in the General Assembly:
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Section 5. The Property Tax Code is amended by changing |
Section 15-143 as follows:
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(35 ILCS 200/15-143)
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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.
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(Source: P.A. 91-546, eff. 8-14-99.)
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Section 99. Effective date. This Act takes effect upon |
becoming law.
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