|
| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB4660 Introduced 2/5/2020, by Rep. Joe Sosnowski SYNOPSIS AS INTRODUCED:
|
| |
Amends the Property Tax Code. Provides that the effective date of a pollution control facility certificate shall be the date of recommendation by the Illinois Environmental Protection Agency to the Pollution Control Board for the certificate or the date of the construction of the facility, whichever is later (currently, the date of application or the date of the construction of the facility, whichever is later). Effective immediately.
|
| |
| | | FISCAL NOTE ACT MAY APPLY | | HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
|
|
| | HB4660 | | LRB101 17686 HLH 67113 b |
|
|
| 1 | | AN ACT concerning revenue.
|
| 2 | | Be it enacted by the People of the State of Illinois,
|
| 3 | | represented in the General Assembly:
|
| 4 | | Section 5. The Property Tax Code is amended by changing |
| 5 | | Section 11-25 as follows:
|
| 6 | | (35 ILCS 200/11-25)
|
| 7 | | Sec. 11-25. Certification procedure. Application for a |
| 8 | | pollution control
facility certificate shall be filed with the |
| 9 | | Pollution Control Board in a
manner and form prescribed in |
| 10 | | regulations issued by that board. The
application shall contain |
| 11 | | appropriate and available descriptive information
concerning |
| 12 | | anything claimed to be entitled in whole or in part to tax |
| 13 | | treatment
as a pollution control facility. If it is found that |
| 14 | | the claimed facility or
relevant portion thereof is a pollution |
| 15 | | control facility as defined in Section
11-10, the Pollution |
| 16 | | Control Board, acting through its Chairman or his or her
|
| 17 | | specifically authorized delegate, shall enter a finding and |
| 18 | | issue a certificate
to that effect. The certificate shall |
| 19 | | require tax treatment as a pollution
control facility, but only |
| 20 | | for the portion certified if only a portion is
certified. The |
| 21 | | effective date of a certificate shall be the date of |
| 22 | | recommendation by the Illinois Environmental Protection Agency |
| 23 | | to the Pollution Control Board application
for the certificate |