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91_HB0842enr
HB0842 Enrolled LRB9102028DHmg
1 AN ACT to amend the Property Tax Code by changing Section
2 15-105.
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 changing
6 Section 15-105 as follows:
7 (35 ILCS 200/15-105)
8 Sec. 15-105. Park and conservation districts. (a) All
9 property within a park or conservation district with
10 2,000,000 or more inhabitants and owned by that district is
11 exempt, as is all property located outside the district but
12 owned by it and used as a nursery, garden, or farm for the
13 growing of shrubs, trees, flowers and plants for use in
14 beautifying, maintaining and operating playgrounds, parks,
15 parkways, public grounds, and buildings owned or controlled
16 by the district.
17 (b) Also exempt is All property belonging to any park or
18 conservation district with less than 2,000,000 inhabitants is
19 exempt. , and All property leased to such a park district for
20 $1 or less per year and used exclusively as open space for
21 recreational purposes, not exceeding 50 20 acres in the
22 aggregate for each district is exempt.
23 (Source: P.A. 78-371; 88-455.)
24 Section 99. Effective date. This Act takes effect upon
25 becoming law.
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