Sen. Susan Garrett

Filed: 3/15/2010

 

 


 

 


 
09600SB0483sam001 LRB096 06513 HLH 38779 a

1
AMENDMENT TO SENATE BILL 483

2     AMENDMENT NO. ______. Amend Senate Bill 483 by replacing
3 everything after the enacting clause with the following:
 
4     "Section 5. The Property Tax Code is amended by changing
5 Section 10-380 as follows:
 
6     (35 ILCS 200/10-380)
7     Sec. 10-380. For the taxable years 2006 and thereafter ,
8 2007, 2008, and 2009, the chief county assessment officer in
9 the county in which property subject to a PPV Lease is located
10 shall apply the provisions of 10-370(b)(i) and 10-375(c)(i) of
11 this Division 14 in assessing and determining the value of any
12 PPV Lease for purposes of the property tax laws of this State.
13 (Source: P.A. 94-974, eff. 6-30-06.)
 
14     Section 99. Effective date. This Act takes effect upon
15 becoming law.".