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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022 HB0294 Introduced 1/29/2021, by Rep. Kathleen Willis SYNOPSIS AS INTRODUCED: |
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Amends the Property Tax Code. Provides that provisions concerning the assessment of wind energy devices apply through assessment year 2035 (currently, 2021). Effective immediately.
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| | FISCAL NOTE ACT MAY APPLY | | HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
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| | HB0294 | | LRB102 10482 HLH 15811 b |
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1 | | AN ACT concerning revenue.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Property Tax Code is amended by changing |
5 | | Section 10-610 as follows: |
6 | | (35 ILCS 200/10-610) |
7 | | Sec. 10-610. Applicability. |
8 | | (a) The provisions of this Division apply for assessment |
9 | | years 2007 through 2035 2021 . |
10 | | (b) The provisions of this Division do not apply to wind |
11 | | energy devices that are owned by any person or entity that is |
12 | | otherwise exempt from taxation under the Property Tax Code.
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13 | | (Source: P.A. 99-825, eff. 8-16-16.)
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14 | | Section 99. Effective date. This Act takes effect upon |
15 | | becoming law.
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