Rep. Charles E. Jefferson
Filed: 2/18/2010
|
|
|||||||
| |||||||
| |||||||
| 1 | AMENDMENT TO HOUSE BILL 1629
| ||||||
| 2 | AMENDMENT NO. ______. Amend House Bill 1629 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
| ||||||
| 4 | "Section 5. The Property Tax Code is amended by adding | ||||||
| 5 | Section 18-184.10 as follows: | ||||||
| 6 | (35 ILCS 200/18-184.10 new) | ||||||
| 7 | Sec. 18-184.10. Abatement for newly annexed property. If | ||||||
| 8 | property is annexed by a municipality under Section 7-1-13.5 of | ||||||
| 9 | the Illinois Municipal Code, then (i) in the first taxable year | ||||||
| 10 | after the property is annexed, the county clerk shall abate 75% | ||||||
| 11 | of the property taxes imposed on that property by the annexing | ||||||
| 12 | municipality, (ii) in the second taxable year after the | ||||||
| 13 | property is annexed, the county clerk shall abate 50% of the | ||||||
| 14 | property taxes imposed on that property by the annexing | ||||||
| 15 | municipality, and (iii) in the third taxable year after the | ||||||
| 16 | property is annexed, the county clerk shall abate 25% of the | ||||||
| |||||||
| |||||||
| 1 | property taxes imposed on that property by the annexing | ||||||
| 2 | municipality. | ||||||
| 3 | Section 10. The Illinois Municipal Code is amended by | ||||||
| 4 | adding Section 7-1-13.5 as follows: | ||||||
| 5 | (65 ILCS 5/7-1-13.5 new) | ||||||
| 6 | Sec. 7-1-13.5. Annexation of certain property; tax | ||||||
| 7 | abatement. If unincorporated territory, excluding single | ||||||
| 8 | parcels of property in excess of 60 acres located within the | ||||||
| 9 | territory, is wholly bounded by one municipality, has been so | ||||||
| 10 | bounded for at least 10 years, and no petition for | ||||||
| 11 | incorporation has been filed for the territory, then the | ||||||
| 12 | territory may be annexed by the municipality by which it is | ||||||
| 13 | bounded. The municipality must annex the property by ordinance. | ||||||
| 14 | Within 30 days after the passage of the annexation ordinance, a | ||||||
| 15 | copy of the ordinance and an accurate map of the territory | ||||||
| 16 | annexed must be filed with the recorder and county clerk of the | ||||||
| 17 | county in which the annexed territory is located. | ||||||
| 18 | If property is annexed by a municipality under this | ||||||
| 19 | Section, then taxes of the annexing municipality shall be | ||||||
| 20 | abated on that property for the first 3 years as provided in | ||||||
| 21 | Section 18-184.10 of the Property Tax Code.
| ||||||
| 22 | Section 99. Effective date. This Act takes effect upon | ||||||
| 23 | becoming law.".
| ||||||