GRANBERG. 35 ILCS 200/Art. 11, Div. 4 heading new 35 ILCS 200/11-130 new 35 ILCS 200/11-135 new 35 ILCS 200/11-140 new 35 ILCS 200/11-145 new 35 ILCS 200/11-150 new 35 ILCS 200/11-155 new 35 ILCS 200/11-160 new 35 ILCS 200/11-165 new 35 ILCS 200/11-170 new Amends the Property Tax Code. Provides that a qualifying water treatment facility means a water treatment facility that is owned by a not for profit corporation that sells potable water to the corporation's members on a mutual or cooperative and not for profit basis. Provides that qualifying water treatment facilities shall be valued for purposes of computing the assessed valuation on the basis of 33 1/3% of the fair cash value, which shall be determined based on the value of the facility if it were removed from the site and sold. Provides for application for a qualifying water treatment facility certificate from the Department of Natural Resources and judicial review for aggrieved parties. Authorizes the Department of Revenue to adopt rules concerning the assessment of qualified facilities. Effective January 1, 2002. FEB-28-2001 H FILED WITH CLERK FEB-28-2001 H FIRST READING FEB-28-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES MAR-01-2001 H ASSIGNED TO COMMITTEE REVENUE MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary