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Sen. Peter J. Roskam
Filed: 5/26/2004
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09300HB0854sam001 |
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LRB093 05727 BDD 51701 a |
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| AMENDMENT TO HOUSE BILL 854
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| AMENDMENT NO. ______. Amend House Bill 854 by replacing |
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| everything after the enacting clause with the following: |
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| "Section 5. The Property Tax Code is amended by changing |
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| Section 15-125 as follows:
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| (35 ILCS 200/15-125)
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| Sec. 15-125. Parking areas. |
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| (a) Parking areas, not leased
or used for profit other than |
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| those lease or rental agreements subject to subsection (b) of |
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| this Section , when used as a
part of a use for which an |
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| exemption is provided by this Code and owned by
any school |
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| district, non-profit hospital, school, or religious or
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| charitable institution which meets the qualifications for |
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| exemption, are
exempt.
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| (b) Parking areas owned by any religious institution that |
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| meets the qualifications for exemption, when leased or rented |
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| to a mass transportation entity for the limited free parking of |
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| the commuters of the mass transportation entity, are exempt.
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| (Source: Laws 1959, p. 1549, 1554, 2219, and 2224; P.A. |
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| 88-455.)
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| Section 90. The State Mandates Act is amended by adding |
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| Section 8.28 as
follows:
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