Full Text of HB4741 93rd General Assembly
HB4741 93RD GENERAL ASSEMBLY
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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004 HB4741
Introduced 02/04/04, by Julie Hamos SYNOPSIS AS INTRODUCED: |
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Amends the Property Tax Code. Provides that certain property
valued as open space land must provide public access for
educational, pleasure, and recreational purposes.
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A BILL FOR
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HB4741 |
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LRB093 19049 SJM 44784 b |
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| AN ACT concerning taxes.
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| Be it enacted by the People of the State of Illinois, | 3 |
| represented in the General Assembly:
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| Section 5. The Property Tax Code is amended by changing
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| Section 10-155 as follows:
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| (35 ILCS 200/10-155)
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| Sec. 10-155. Open space land; valuation. In all counties, | 8 |
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addition to valuation as otherwise permitted by law, land | 9 |
| which is used for
open space purposes and has been so used for | 10 |
| the 3 years immediately preceding
the year in which the | 11 |
| assessment is made, upon application under Section
10-160, | 12 |
| shall be valued on the basis of its fair cash value, estimated | 13 |
| at the
price it would bring at a fair, voluntary sale for use | 14 |
| by the buyer for open
space purposes.
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| Land is considered used for open space purposes if it is :
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| (1) more than 10 acres
in area and conserves landscaped | 17 |
| areas by being used as a
public or private golf course; or
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| (2) is more than 10 acres in area, provides a regular | 19 |
| opportunity
for public access to the property for educational, | 20 |
| pleasure,
and recreational purposes,
and:
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| (a) is actually and exclusively used for maintaining or | 22 |
| enhancing natural
or scenic resources,
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| (b) protects air or streams or water supplies,
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| (c) promotes conservation of soil, wetlands, beaches, | 25 |
| or marshes,
including ground cover or planted perennial | 26 |
| grasses, trees and shrubs and other
natural perennial | 27 |
| growth, and including any body of water, whether man-made | 28 |
| or
natural,
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| (d) conserves landscaped areas, such as public or | 30 |
| private golf
courses,
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| (e) enhances the value to the public of abutting or | 32 |
| neighboring parks,
forests, wildlife preserves, nature |
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HB4741 |
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LRB093 19049 SJM 44784 b |
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| reservations, sanctuaries, or other open
spaces, or
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| (f) preserves historic sites.
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| Land is not considered used for open space purposes if it | 4 |
| is used primarily
for residential purposes.
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| (Source: P.A. 88-455; 89-137, eff. 1-1-96 .)
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