Illinois General Assembly - Full Text of SB2612
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Full Text of SB2612  99th General Assembly

SB2612 99TH GENERAL ASSEMBLY

  
  

 


 
99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
SB2612

 

Introduced 2/16/2016, by Sen. David Koehler

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/10-610

    Amends the Property Tax Code. Provides that a Division of the Code concerning the assessment of wind energy devices applies through assessment year 2021 (instead of 2016). Effective immediately.


LRB099 18647 HLH 43029 b

FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB2612LRB099 18647 HLH 43029 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Property Tax Code is amended by changing
5Section 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
9years 2007 through 2021 2016.
10    (b) The provisions of this Division do not apply to wind
11energy devices that are owned by any person or entity that is
12otherwise exempt from taxation under the Property Tax Code.
13(Source: P.A. 95-644, eff. 10-12-07; 96-1036, eff. 1-1-11.)
 
14    Section 99. Effective date. This Act takes effect upon
15becoming law.