Bill Text: IL HB4797 | 2009-2010 | 96th General Assembly | Enrolled
Bill Title: Amends the Property Tax Code. Provides that a Division of the Code setting forth special valuation procedures for wind energy devices applies through assessment year 2016 (instead of 2011).
Spectrum: Bipartisan Bill
Status: (Passed) 2010-07-14 - Public Act . . . . . . . . . 96-1036 [HB4797 Detail]
Download: Illinois-2009-HB4797-Enrolled.html
|
|
|||||||
| |||||||
| |||||||
| 1 | AN ACT concerning revenue.
| ||||||
| 2 | Be it enacted by the People of the State of Illinois,
| ||||||
| 3 | represented in the General Assembly:
| ||||||
| 4 | Section 5. The Property Tax Code is amended by changing | ||||||
| 5 | Section 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 | ||||||
| 9 | years 2007 through 2016 2011. | ||||||
| 10 | (b) The provisions of this Division do not apply to wind | ||||||
| 11 | energy devices that are owned by any person or entity that is | ||||||
| 12 | otherwise exempt from taxation under the Property Tax Code.
| ||||||
| 13 | (Source: P.A. 95-644, eff. 10-12-07.)
| ||||||
