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Sen. Patrick J. Joyce
Filed: 4/5/2024
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| 1 | | AMENDMENT TO SENATE BILL 808
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| 2 | | AMENDMENT NO. ______. Amend Senate Bill 808 by replacing |
| 3 | | everything after the enacting clause with the following:
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| 4 | | "Section 5. The Property Tax Code is amended by changing |
| 5 | | Section 18-184.15 as follows:
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| 6 | | (35 ILCS 200/18-184.15) |
| 7 | | Sec. 18-184.15. REV Illinois project facilities for |
| 8 | | electric vehicles, electric vehicle component parts, or |
| 9 | | electric vehicle power supply equipment; abatement. |
| 10 | | (a) Any taxing district, upon a majority vote of its |
| 11 | | governing body, may, after determination of the assessed value |
| 12 | | as set forth in this Code, order the clerk of the appropriate |
| 13 | | municipality or county to abate any portion of real property |
| 14 | | taxes otherwise levied or extended by the taxing district on a |
| 15 | | REV Illinois Project facility owned by an electric vehicle |
| 16 | | manufacturer, electric vehicle component parts manufacturer, |
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| 1 | | or an electric vehicle power supply manufacturer that is |
| 2 | | subject to an agreement with the Department of Commerce and |
| 3 | | Economic Opportunity under Section 45 of the Reimagining |
| 4 | | Energy and Vehicles in Illinois Act, during the period of time |
| 5 | | such agreement is in effect as specified by the Department of |
| 6 | | Commerce and Economic Opportunity. |
| 7 | | (b) Two or more taxing districts in a county having more |
| 8 | | than 100,000 but fewer than 120,000 inhabitants, as determined |
| 9 | | by the 2020 federal decennial census, upon a majority vote of |
| 10 | | each of their respective governing bodies, may agree to abate, |
| 11 | | for a period not to exceed 30 consecutive tax years, a portion |
| 12 | | of the real property taxes otherwise levied or extended by |
| 13 | | those taxing districts on a REV Illinois Project facility |
| 14 | | owned by an electric vehicle manufacturer, electric vehicle |
| 15 | | component parts manufacturer, or electric vehicle power supply |
| 16 | | manufacturer that is subject to an agreement with the |
| 17 | | Department of Commerce and Economic Opportunity under Section |
| 18 | | 45 of the Reimagining Energy and Vehicles in Illinois Act. The |
| 19 | | agreement shall be filed with the county clerk who shall, for |
| 20 | | the period the agreement remains in effect, abate the portion |
| 21 | | of the real estate taxes levied or extended by those taxing |
| 22 | | districts as directed in the agreement. Any such agreement |
| 23 | | entered into by 2 or more taxing districts before the |
| 24 | | effective date of this amendatory Act of the 103rd General |
| 25 | | Assembly that is not inconsistent with the provisions of this |
| 26 | | subsection (b) is hereby declared valid and enforceable for |