[ Search ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
[ Introduced ] | [ Engrossed ] | [ Enrolled ] |
[ House Amendment 001 ] |
91_HB3169gms OFFICE OF THE GOVERNOR 207 STATE CAPITOL, SPRINGFIELD, ILLINOIS 62706 June 16, 2000 GEORGE H. RYAN GOVERNOR To the Honorable Members of the Illinois House of Representatives 91st General Assembly I have signed House Bill 3169, which amends the Property Tax Code to allow for reduced tax assessments for real property owned and used by fraternal organizations chartered by the State of Illinois prior to 1900. This freeze is also extended to any subordinate organization or entity that (i) prohibits gambling and the use of alcohol on the property, (II) is an exempt entity under Section 501(c)(10) of the Internal Revenue Code, and (iii) provides, directly or indirectly, financial support for charitable works. House Bill 3169 provides that for taxable year 2001 and thereafter, the assessment of qualified property shall be 15 percent of the final assessed value of the property for the assessment year 2000. House Bill 3169 also provides that if the property qualifies for a reduced assessment after assessment year 2001, the final assessed value shall be 15 percent of the assessed value of they property for the assessment year in which the property first meets the qualifications stated in House Bill 3169. I fully support the intent behind House Bill 3169. This legislation seeks to provide property tax relief to the many Masonic lodges located in Illinois that provide valuable charitable services and contributions to our communities. However, I am also aware that there are other fraternal organizations that also donate a great deal of their time and resources to charitable causes throughout the State of Illinois. Many of these organizations are also experiencing significant financial pressures due to the rising cost of property taxes. It is for this reason, that I urge the Illinois General Assembly to seriously consider extending such property tax relief to other fraternal organization that provide similar charitable and community services. With this clarification, I have signed House Bill 3169. Sincerely, s/GEORGE H. RYAN Governor