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[ Introduced ] | [ Engrossed ] | [ Senate Amendment 001 ] |
91_HB0842enr HB0842 Enrolled LRB9102028DHmg 1 AN ACT to amend the Property Tax Code by changing Section 2 15-105. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Property Tax Code is amended by changing 6 Section 15-105 as follows: 7 (35 ILCS 200/15-105) 8 Sec. 15-105. Park and conservation districts. (a) All 9 property within a park or conservation district with 10 2,000,000 or more inhabitants and owned by that district is 11 exempt, as is all property located outside the district but 12 owned by it and used as a nursery, garden, or farm for the 13 growing of shrubs, trees, flowers and plants for use in 14 beautifying, maintaining and operating playgrounds, parks, 15 parkways, public grounds, and buildings owned or controlled 16 by the district. 17 (b)Also exempt isAll property belonging to any park or 18 conservation district with less than 2,000,000 inhabitants is 19 exempt., andAll property leased to suchapark district for 20 $1 or less per year and used exclusively as open space for 21 recreational purposes,not exceeding 5020acres in the 22 aggregate for each district is exempt. 23 (Source: P.A. 78-371; 88-455.) 24 Section 99. Effective date. This Act takes effect upon 25 becoming law.