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91_HB4370ham001 LRB9111393SMdvam01 1 AMENDMENT TO HOUSE BILL 4370 2 AMENDMENT NO. . Amend House Bill 4370 by replacing 3 the title with the following: 4 "AN ACT in relation to taxes."; and 5 by replacing everything after the enacting clause with the 6 following: 7 "Section 5. The Property Tax Code is amended by changing 8 Section 15-105 as follows: 9 (35 ILCS 200/15-105) 10 Sec. 15-105. Park and conservation districts. 11 (a) All property within a park or conservation district 12 havingwith2,000,000 or more inhabitants and owned by that 13 district is exempt, as is all property located outside the 14 district but owned by it and used as a nursery, garden, or 15 farm for the growing of shrubs, trees, flowers and plants for 16 use in beautifying, maintaining and operating playgrounds, 17 parks, parkways, public grounds, and buildings owned or 18 controlled by the district. 19 (b) All property belonging to any park or conservation 20 district havingwithless than 2,000,000 inhabitants is 21 exempt. All property leased to such park district for $1 or -2- LRB9111393SMdvam01 1 less per year and used exclusively as open space for 2 recreational purposes not exceeding 50 acres in the aggregate 3 for each district is exempt. 4 (c)Also exempt isAll property belonging to a park 5 district organized pursuant to the Metro-East Park and 6 Recreation District Act is exempt. 7 (Source: P.A. 91-103, eff. 7-13-99; 91-490, eff. 8-13-99; 8 revised 10-7-99.)".