Sen. Patrick J. Joyce

Filed: 4/5/2024

 

 


 

 


 
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1
AMENDMENT TO SENATE BILL 808

2    AMENDMENT NO. ______. Amend Senate Bill 808 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Property Tax Code is amended by changing
5Section 18-184.15 as follows:
 
6    (35 ILCS 200/18-184.15)
7    Sec. 18-184.15. REV Illinois project facilities for
8electric vehicles, electric vehicle component parts, or
9electric vehicle power supply equipment; abatement.
10    (a) Any taxing district, upon a majority vote of its
11governing body, may, after determination of the assessed value
12as set forth in this Code, order the clerk of the appropriate
13municipality or county to abate any portion of real property
14taxes otherwise levied or extended by the taxing district on a
15REV Illinois Project facility owned by an electric vehicle
16manufacturer, electric vehicle component parts manufacturer,

 

 

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1or an electric vehicle power supply manufacturer that is
2subject to an agreement with the Department of Commerce and
3Economic Opportunity under Section 45 of the Reimagining
4Energy and Vehicles in Illinois Act, during the period of time
5such agreement is in effect as specified by the Department of
6Commerce and Economic Opportunity.
7    (b) Two or more taxing districts in a county having more
8than 100,000 but fewer than 120,000 inhabitants, as determined
9by the 2020 federal decennial census, upon a majority vote of
10each of their respective governing bodies, may agree to abate,
11for a period not to exceed 30 consecutive tax years, a portion
12of the real property taxes otherwise levied or extended by
13those taxing districts on a REV Illinois Project facility
14owned by an electric vehicle manufacturer, electric vehicle
15component parts manufacturer, or electric vehicle power supply
16manufacturer that is subject to an agreement with the
17Department of Commerce and Economic Opportunity under Section
1845 of the Reimagining Energy and Vehicles in Illinois Act. The
19agreement shall be filed with the county clerk who shall, for
20the period the agreement remains in effect, abate the portion
21of the real estate taxes levied or extended by those taxing
22districts as directed in the agreement. Any such agreement
23entered into by 2 or more taxing districts before the
24effective date of this amendatory Act of the 103rd General
25Assembly that is not inconsistent with the provisions of this
26subsection (b) is hereby declared valid and enforceable for

 

 

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1the effective period of that agreement.
2(Source: P.A. 102-669, eff. 11-16-21; 102-1125, eff.
32-3-23.)".