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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 15-40 as follows:
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| 6 | (35 ILCS 200/15-40)
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| 7 | Sec. 15-40. Religious purposes, orphanages, or school and | ||||||
| 8 | religious
purposes. | ||||||
| 9 | (a) Property used exclusively for:
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| 10 | (1) religious purposes,
or
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| 11 | (2) school and religious purposes, or
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| 12 | (3) orphanages
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| 13 | qualifies for exemption as long as it is not used with a view | ||||||
| 14 | to profit.
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| 15 | (b) Property that is owned by
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| 16 | (1) churches or
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| 17 | (2) religious institutions
or
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| 18 | (3) religious denominations
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| 19 | and
that is used in conjunction therewith as housing | ||||||
| 20 | facilities provided
for ministers (including bishops, district | ||||||
| 21 | superintendents and similar
church officials whose ministerial | ||||||
| 22 | duties are not limited to a single
congregation), their | ||||||
| 23 | spouses, children and domestic workers, performing
the duties | ||||||
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| 1 | of their vocation as ministers at such churches or religious
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| 2 | institutions or for such religious denominations, including | ||||||
| 3 | the
convents
and monasteries where persons engaged in | ||||||
| 4 | religious activities reside also
qualifies for exemption.
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| 5 | A parsonage, convent or monastery or other housing | ||||||
| 6 | facility shall be
considered under this Section to be | ||||||
| 7 | exclusively used for religious purposes
when the persons who | ||||||
| 8 | perform religious related activities shall, as a condition
of | ||||||
| 9 | their employment or association, reside in the facility.
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| 10 | (c) In Cook County, whenever any interest in a property | ||||||
| 11 | exempt under this
Section is transferred, notice of that | ||||||
| 12 | transfer
must be filed with the county clerk recorder. The | ||||||
| 13 | chief county assessment officer
shall prepare and make | ||||||
| 14 | available a form notice for this purpose.
Whenever a notice is | ||||||
| 15 | filed, the county clerk recorder shall transmit a copy of that
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| 16 | recorded notice to the chief county assessment
officer within | ||||||
| 17 | 14 days after receipt.
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| 18 | (Source: P.A. 92-333, eff. 8-10-01.)
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