Bill Text: IL SB2612 | 2015-2016 | 99th General Assembly | Enrolled
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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-Enrolled.html
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-Enrolled.html
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| 1 | AN ACT concerning revenue.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Property Tax Code is amended by changing | ||||||
| 5 | Section 10-610 as follows:
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| 6 | (35 ILCS 200/10-610) | ||||||
| 7 | Sec. 10-610. Applicability. | ||||||
| 8 | (a) The provisions of this Division apply for assessment | ||||||
| 9 | years 2007 through 2021 2016. | ||||||
| 10 | (b) The provisions of this Division do not apply to wind | ||||||
| 11 | energy devices that are owned by any person or entity that is | ||||||
| 12 | otherwise exempt from taxation under the Property Tax Code.
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| 13 | (Source: P.A. 95-644, eff. 10-12-07; 96-1036, eff. 1-1-11.)
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| 14 | Section 99. Effective date. This Act takes effect upon | ||||||
| 15 | becoming law.
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