[ Back ] [ Bottom ]
91_HB0371enr
HB0371 Enrolled LRB9101157MWgc
1 AN ACT amending the Property Tax Code by adding Section
2 15-143.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Property Tax Code is amended by adding
6 Section 15-143 as follows:
7 (35 ILCS 200/15-143 new)
8 Sec. 15-143. Metropolitan Water Reclamation Districts in
9 counties with a population greater than 3,000,000.
10 All property owned by metropolitan water reclamation
11 districts in counties with a population greater than
12 3,000,000 is exempt. Any such property leased to an entity
13 that is not exempt shall remain exempt, and the leasehold
14 interest of the lessee shall be assessed under Section 9-195
15 of this Code.
16 Section 99. Effective date. This Act takes effect upon
17 becoming law.
[ Top ]