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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 15-60 as follows:
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6 | (35 ILCS 200/15-60)
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7 | Sec. 15-60. Taxing district property. All property | ||||||
8 | belonging to any county
or municipality used exclusively for | ||||||
9 | the maintenance of the poor is exempt,
as is all property owned | ||||||
10 | by a taxing district that is being held for future
expansion or | ||||||
11 | development, except if leased by the taxing district to lessees
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12 | for use for other than public purposes.
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13 | Also exempt are:
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14 | (a) all swamp or overflowed lands belonging to any | ||||||
15 | county;
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16 | (b) all public buildings belonging to any county, | ||||||
17 | township, or
municipality, with the ground on which the | ||||||
18 | buildings are erected;
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19 | (c) all property owned by any municipality located | ||||||
20 | within its
incorporated limits. Any such property leased by | ||||||
21 | a municipality shall
remain exempt, and the leasehold | ||||||
22 | interest of the lessee shall be assessed under
Section | ||||||
23 | 9-195 of this Act, (i) for a lease entered into on or after |
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1 | January 1,
1994, unless the lease expressly provides that | ||||||
2 | this exemption shall not apply;
(ii) for a lease entered | ||||||
3 | into on or after the effective date of Public Act
87-1280 | ||||||
4 | and before January 1, 1994, unless the lease expressly | ||||||
5 | provides that
this exemption shall not apply or unless | ||||||
6 | evidence other than the lease itself
substantiates the | ||||||
7 | intent of the parties to the lease that this exemption | ||||||
8 | shall
not apply; and (iii) for a lease entered into before | ||||||
9 | the effective date of
Public Act 87-1280, if the terms of | ||||||
10 | the lease do not bind the lessee to pay the
taxes on the | ||||||
11 | leased property or if, notwithstanding the terms of the | ||||||
12 | lease, the
municipality has filed or hereafter files a | ||||||
13 | timely exemption petition or
complaint with respect to | ||||||
14 | property consisting of or including the leased
property for | ||||||
15 | an assessment year which includes part or all of the first | ||||||
16 | 12
months of the lease period. The foregoing clause (iii) | ||||||
17 | added by Public Act
87-1280 shall not operate to exempt | ||||||
18 | property for any assessment year as to
which no timely | ||||||
19 | exemption petition or complaint has been filed by the
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20 | municipality or as to which an administrative or court | ||||||
21 | decision denying
exemption has become final and | ||||||
22 | nonappealable. For each assessment year or
portion thereof | ||||||
23 | that property is made exempt by operation of the foregoing
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24 | clause (iii), whether such year or portion is before or | ||||||
25 | after the effective
date of Public Act 87-1280, the | ||||||
26 | leasehold interest of the lessee shall, if
necessary, be |
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1 | considered omitted property for purposes of this Act;
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2 | (c-5) Notwithstanding clause (i) of subsection (c), | ||||||
3 | all property owned by
a municipality with a population of | ||||||
4 | over 500,000 that is used for toll road or
toll bridge | ||||||
5 | purposes and that is leased for those purposes to another | ||||||
6 | entity
whose property is not exempt shall remain exempt, | ||||||
7 | and any leasehold interest in
the property shall not be | ||||||
8 | subject to taxation under Section 9-195 of this Act;
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9 | (d) all property owned by any municipality located | ||||||
10 | outside its
incorporated limits but within the same county | ||||||
11 | when used as a tuberculosis
sanitarium, farm colony in | ||||||
12 | connection with a house of correction, or nursery,
garden, | ||||||
13 | or farm, or for the growing of shrubs, trees, flowers, | ||||||
14 | vegetables, and
plants for use in beautifying, | ||||||
15 | maintaining, and operating playgrounds, parks,
parkways, | ||||||
16 | public grounds, buildings, and institutions owned or | ||||||
17 | controlled
by the municipality; and
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18 | (e) all property owned by a township and operated as | ||||||
19 | senior citizen
housing under Sections 35-50 through | ||||||
20 | 35-50.6 of the Township Code ; and . | ||||||
21 | (f) all property owned by the Executive Board of the | ||||||
22 | Mutual Aid Box Alarm System (MABAS), a unit of | ||||||
23 | intergovernmental cooperation, that is used for the public | ||||||
24 | purpose of disaster preparedness and response for units of | ||||||
25 | local government and the State of Illinois pursuant to | ||||||
26 | Section 10 of Article VII of the Illinois Constitution and |
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1 | the Intergovernmental Cooperation Act.
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2 | All property owned by any municipality outside of its | ||||||
3 | corporate limits is
exempt if used exclusively for municipal or | ||||||
4 | public purposes.
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5 | For purposes of this Section, "municipality" means a | ||||||
6 | municipality, as
defined in Section 1-1-2 of the Illinois | ||||||
7 | Municipal Code.
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8 | (Source: P.A. 92-844, eff. 8-23-02; 92-846, eff. 8-23-02.)
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