Bill Text: IL SB2612 | 2015-2016 | 99th General Assembly | Chaptered
Bill Title: Amends the Property Tax Code. Provides that a Division of the Code concerning the assessment of wind energy devices applies through assessment year 2021 (instead of 2016). Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 14-5)
Status: (Passed) 2016-08-16 - Public Act . . . . . . . . . 99-0825 [SB2612 Detail]
Download: Illinois-2015-SB2612-Chaptered.html
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| Public Act 099-0825 | ||||
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AN ACT concerning revenue.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Property Tax Code is amended by changing | ||||
Section 10-610 as follows:
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(35 ILCS 200/10-610) | ||||
Sec. 10-610. Applicability. | ||||
(a) The provisions of this Division apply for assessment | ||||
years 2007 through 2021 2016. | ||||
(b) The provisions of this Division do not apply to wind | ||||
energy devices that are owned by any person or entity that is | ||||
otherwise exempt from taxation under the Property Tax Code.
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(Source: P.A. 95-644, eff. 10-12-07; 96-1036, eff. 1-1-11.)
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Section 99. Effective date. This Act takes effect upon | ||||
becoming law.
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