Senate Sponsors: O'MALLEY-SULLIVAN AND BERMAN. House Sponsors: BIGGINS-MULLIGAN Short description: PROP TX-CORP ED PROP EXEMPT Synopsis of Bill as introduced: Amends the Property Tax Code. In counties that classify property and have more than 200,000 inhabitants, exempts from taxes certain property of corporations which are exempt entities under paragraph (3) of Section 501(c) of the Internal Revenue Code (or its successor law) when the property is used by the corporation for the following pur- poses: (1) conducting continuing education for professional develop- ment of personnel in energy-related industries; (2) maintaining a library of energy technology information available to students and the public free of charge; and (3) conducting research in energy and environment, with results that could be accessible to persons in education. HOUSE AMENDMENT NO. 1. Deletes reference to: 35 ILCS 200/15-35 Adds reference to: 35 ILCS 200/14-15 Deletes everything. Amends the Property Tax Code. Provides that, during calendar years 1999 and 2000, a certificate of error may be executed for any tax year in counties of 3,000,000 or more, provided that the error or mistake in the assessment was discovered no more than 3 years after the date on which the annual judgment and order of sale for that tax year was first entered (now the certificate of error must be executed no more than 3 years after that date). Effective immediately. Last action on Bill: PUBLIC ACT.............................. 91-0686 Last action date: 00-01-26 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status