Senate Sponsors: PETERSON. House Sponsors: MOORE,ANDREA-BEAUBIEN Short description: PROP TX-PUBLIC BUILDING-EXEMPT Synopsis of Bill as introduced: Amends the Property Tax Code. Exempts all public buildings belonging to any county, township, or municipality (now, county, township, city, or incorporated town), with the ground on which the building is erected. Changes references from city or village to municipality. Amends the Downstate Forest Preserve District Act. Allows a forest preserve district to transfer the interest earned from any moneys of the district into the fund that is most in need of the income. Restricts transfers of interest income earned by certain funds. SENATE AMENDMENT NO. 1. Provides that, for purposes of the Section concerning taxing district property, "municipality" means a municipality as defined in the Illinois Municipal Code. Last action on Bill: PUBLIC ACT.............................. 90-0176 Last action date: 97-07-23 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status