Public Act 100-0455
 
SB1593 EnrolledLRB100 10186 HLH 20367 b


  
    AN ACT concerning revenue.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  
 
 
    Section 5. The Property Tax Code is amended  by changing 
Section 15-125 as follows:
 


    (35 ILCS 200/15-125)




    Sec. 15-125. Parking areas. 
    (a) Parking areas, not leased
or used for profit other than 
those lease or rental agreements subject to subsection (b) of 
this Section, when used as a
part of a use for which an 
exemption is provided by this Code and owned by
any school 
district, non-profit hospital, school, or religious or

charitable institution which meets the qualifications for 
exemption, are
exempt.

    (b) Parking areas owned by any religious institution that 
meets the qualifications for exemption, when leased or rented 
to a mass transportation entity for the limited free parking of 
the commuters of the mass transportation entity, are exempt.

    (c) Parking areas owned by any religious institution that 
meets the qualifications for exemption, when leased or rented 
to a municipality for the purpose of providing free public 
parking, are exempt, so long as the lease is for no more than 
nominal consideration.  For purposes of this Section, 
maintenance and insurance of the parking areas by the 
municipality shall be considered nominal consideration. 
(Source: P.A. 93-1038, eff. 6-1-05.)

 
    Section 90. The State Mandates Act is amended by adding 
Section 8.41 as follows:
 
    (30 ILCS 805/8.41 new)
    Sec. 8.41. Exempt mandate. Notwithstanding Sections 6 and 8 
of this Act, no reimbursement by the State is required for the 
implementation of any mandate created by this amendatory Act of 
the 100th General Assembly.
 
 
    Section 99. Effective date. This Act takes effect upon 
becoming law.