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[ House Amendment 001 ] |
91_SB0037ham002 LRB9100931PTpkam03 1 AMENDMENT TO SENATE BILL 37 2 AMENDMENT NO. . Amend Senate Bill 37 on page 1, line 3 5, by replacing "Section 23-10" with "Sections 15-35 and 4 23-10"; and 5 on page 1, below line 5, by inserting the following: 6 "(35 ILCS 200/15-35) 7 Sec. 15-35. Schools. All property donated by the United 8 States for school purposes, and all property of schools, not 9 sold or leased or otherwise used with a view to profit, is 10 exempt, whether owned by a resident or non-resident of this 11 State or by a corporation incorporated in any state of the 12 United States. Also exempt is: 13 (a) property of schools which is leased to a 14 municipality to be used for municipal purposes on a 15 not-for-profit basis; 16 (b) property of schools on which the schools are 17 located and any other property of schools used by the 18 schools exclusively for school purposes, including, but 19 not limited to, student residence halls, dormitories and 20 other housing facilities for students and their spouses 21 and children, staff housing facilities, and school-owned 22 and operated dormitory or residence halls occupied in -2- LRB9100931PTpkam03 1 whole or in part by students who belong to fraternities, 2 sororities, or other campus organizations; 3 (c) property donated, granted, received or used for 4 public school, college, theological seminary, university, 5 or other educational purposes, whether held in trust or 6 absolutely;and7 (d) in counties with more than 200,000 inhabitants 8 which classify property, property (including interests in 9 land and other facilities) on or adjacent to (even if 10 separated by a public street, alley, sidewalk, parkway or 11 other public way) the grounds of a school, if that 12 property is used by an academic, research or professional 13 society, institute, association or organization which 14 serves the advancement of learning in a field or fields 15 of study taught by the school and which property is not 16 used with a view to profit; and.17 (e) in counties with more than 200,000 inhabitants 18 which classify property, property of a corporation, which 19 is an exempt entity under paragraph (3) of Section 501(c) 20 of the Internal Revenue Code or its successor law, used 21 by the corporation for the following purposes: (1) 22 conducting continuing education for professional 23 development of personnel in energy-related industries; 24 (2) maintaining a library of energy technology 25 information available to students and the public free of 26 charge; and (3) conducting research in energy and 27 environment, which research results could be ultimately 28 accessible to persons involved in education. 29 (Source: P.A. 90-655, eff. 7-30-98.)".