Illinois General Assembly - Full Text of SB0914
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Full Text of SB0914  103rd General Assembly

SB0914eng 103RD GENERAL ASSEMBLY

 


 
SB0914 EngrossedLRB103 03381 RJT 48387 b

1    AN ACT concerning wildlife.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Wildlife Code is amended by changing
5Section 3.1-6 as follows:
 
6    (520 ILCS 5/3.1-6)
7    Sec. 3.1-6. Special deer, turkey, and combination hunting
8licenses.
9    (a) For the purpose of this Section:
10    "Bona fide equity member" means an individual who:
11        (1) (i) became a member upon the formation of the
12    limited liability company or (ii) has purchased a
13    distributional interest in a limited liability company for
14    a value equal to the percentage of the appraised value of
15    the LLC assets represented by the distributional interest
16    in the LLC and subsequently becomes a member of the
17    company under Article 30 of the Limited Liability Company
18    Act; and
19        (2) intends to retain the membership for at least 5
20    years.
21    "Bona fide equity partner" means an individual who:
22        (1) (i) became a partner, either general or limited,
23    upon the formation of a partnership or limited

 

 

SB0914 Engrossed- 2 -LRB103 03381 RJT 48387 b

1    partnership, or (ii) has purchased, acquired, or been
2    gifted a partnership interest accurately representing his
3    or her percentage distributional interest in the profits,
4    losses, and assets of a partnership or limited
5    partnership;
6        (2) intends to retain ownership of the partnership
7    interest for at least 5 years; and
8        (3) is a resident of this State.
9    "Bona fide equity shareholder" means an individual who:
10        (1) purchased, for market price, publicly sold stock
11    shares in a corporation, purchased shares of a
12    privately-held corporation for a value equal to the
13    percentage of the appraised value of the corporate assets
14    represented by the ownership in the corporation, or is a
15    member of a closely-held family-owned corporation and has
16    purchased or been gifted with shares of stock in the
17    corporation accurately reflecting his or her percentage of
18    ownership; and
19        (2) intends to retain the ownership of the shares of
20    stock for at least 5 years.
21    "Family member" means a grandparent, parent, sibling,
22child, grandchild, uncle, aunt, niece, nephew, or first
23cousin.
24    "Family member landowner" means an individual who is a
25family member of a landowner and who owns collectively with
26any other of that individual's other family members at least

 

 

SB0914 Engrossed- 3 -LRB103 03381 RJT 48387 b

140 acres of land in a county in this State.
2    (b) Landowner Deer, Turkey, and combination permits shall
3be issued without charge to:
4        (1) Illinois landowners residing in this State who own
5    at least 40 acres of Illinois land and wish to hunt upon
6    their land only;
7        (2) resident tenants of at least 40 acres of
8    commercial agricultural land where they will hunt; and
9        (3) bona fide equity shareholders of a corporation,
10    bona fide equity members of a limited liability company,
11    or bona fide equity partners of a general or limited
12    partnership which owns at least 40 acres of land in a
13    county in this State who wish to hunt on the
14    corporation's, company's, or partnership's land only. One
15    permit shall be issued without charge to one bona fide
16    equity shareholder, one bona fide equity member, or one
17    bona fide equity partner for each 40 acres of land owned by
18    the corporation, company, or partnership in a county;
19    however, the number of permits issued without charge to
20    bona fide equity shareholders of any corporation or bona
21    fide equity members of a limited liability company in any
22    county shall not exceed 15, and shall not exceed 3 in the
23    case of bona fide equity partners of a partnership.
24    Bona fide landowners or tenants who do not wish to hunt
25only on the land they own, rent, or lease or bona fide equity
26shareholders, bona fide equity members, or bona fide equity

 

 

SB0914 Engrossed- 4 -LRB103 03381 RJT 48387 b

1partners who do not wish to hunt only on the land owned by the
2corporation, limited liability company, or partnership shall
3be charged the same fee as the applicant who is not a
4landowner, tenant, bona fide equity shareholder, bona fide
5equity member, or bona fide equity partner. Nonresidents of
6this State who own at least 40 acres of land and wish to hunt
7on their land only shall be charged a fee set by administrative
8rule. The method for obtaining these permits shall be
9prescribed by administrative rule.
10    In addition to the permits otherwise issued under this
11subsection (b), the Department shall, upon request, issue to 2
12additional family member landowners, who own with other family
13member landowners a parcel of at least 40 acres but who do not
14all reside on that property, a landowner deer, turkey, and
15combination permit for hunting only on that property at a cost
16of no more than the regular permit fee.
17    (c) The deer, turkey, or combination hunting permit issued
18without fee shall be valid on all farm lands which the person
19to whom it is issued owns, leases or rents, except that in the
20case of a permit issued to a bona fide equity shareholder, bona
21fide equity member, or bona fide equity partner, the permit
22shall be valid on all lands owned by the corporation, limited
23liability company, or partnership in the county.
24(Source: P.A. 99-869, eff. 1-1-17.)