HB2813 EnrolledLRB100 08050 HLH 18135 b


  
1    AN ACT concerning revenue.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Property Tax Code is amended  by changing 
5Section 10-505 as follows:
 
6    (35 ILCS 200/10-505)

7    Sec. 10-505. Wooded acreage defined.  For the purposes of 
8this Division 17, "wooded acreage" means any parcel of 
9unimproved real property that:
10        (1) can be defined as "woodlands" "wooded acreage" by 
11    the United States Department of the Interior Labor Bureau 
12    of Land Management;
13        (2) is at least 5 contiguous acres;
14        (3) does not qualify as cropland, permanent pasture, 
15    other farmland, or wasteland under Section 10-125 of this 
16    Code;
17        (4) is not managed under a forestry management plan and 
18    considered to be other farmland under Section 10-150 of 
19    this Code;
20        (5) does not qualify for another preferential 
21    assessment under this Code; and
22        (6) is owned by the taxpayer on October 1, 2007.

23    This amendatory Act of the 100th General Assembly is 
 
 
HB2813 Enrolled- 2 -LRB100 08050 HLH 18135 b

1intended as a clarification and is not a new enactment. 
2(Source: P.A. 95-633, eff. 10-1-07.)
 
 
3    Section 99. Effective date. This Act takes effect upon 
4becoming law.