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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 10-152 as follows:
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| 6 | (35 ILCS 200/10-152)
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| 7 | (Section scheduled to be repealed on December 31, 2016)
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| 8 | Sec. 10-152. Vegetative filter strip assessment.
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| 9 | (a) In counties with less than 3,000,000 inhabitants, any | ||||||
| 10 | land
(i) that is
located
between a farm field and an area to be | ||||||
| 11 | protected, including but not limited to
surface water, a | ||||||
| 12 | stream, a river, or a sinkhole and
(ii) that meets the | ||||||
| 13 | requirements of
subsection (b) of this Section shall be | ||||||
| 14 | considered a "vegetative filter strip"
and valued at 1/6th of | ||||||
| 15 | its productivity index equalized assessed value as
cropland. In | ||||||
| 16 | counties with 3,000,000 or more inhabitants, the
land shall be | ||||||
| 17 | valued at the lesser of either (i) 16% of the fair cash value | ||||||
| 18 | of
the
farmland estimated at the price it would bring at a | ||||||
| 19 | fair, voluntary sale for
use by the buyer as a farm as defined | ||||||
| 20 | in Section 1-60 or (ii) 90% of the 1983
average equalized | ||||||
| 21 | assessed value per acre certified by the Department of
Revenue.
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| 22 | (b) Vegetative filter strips shall meet the standards and | ||||||
| 23 | specifications
set forth in the Natural Resources Conservation | ||||||
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| 1 | Service Technical Guide and
shall contain
vegetation that (i) | ||||||
| 2 | has a dense top growth; (ii) forms a uniform ground cover;
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| 3 | (iii) has a heavy fibrous root system; and (iv) tolerates | ||||||
| 4 | pesticides used in
the
farm field.
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| 5 | (c) The county's soil and water conservation district
shall | ||||||
| 6 | assist the taxpayer in completing
a uniform
certified document | ||||||
| 7 | as prescribed by the Department of Revenue in cooperation
with | ||||||
| 8 | the Association of Illinois Soil and Water Conservation | ||||||
| 9 | Districts
that certifies (i)
that the property meets the | ||||||
| 10 | requirements established under this Section for
vegetative | ||||||
| 11 | filter strips and (ii) the acreage or square footage of | ||||||
| 12 | property
that
qualifies for assessment as a vegetative filter | ||||||
| 13 | strip.
The document shall be filed by the applicant with the | ||||||
| 14 | Chief County Assessment
Officer. The Chief
County Assessment | ||||||
| 15 | Officer shall promulgate rules concerning the filing of the
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| 16 | document.
The soil and water conservation district shall create
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| 17 | a conservation plan for the creation of the filter strip.
The | ||||||
| 18 | plan shall be kept on file in the soil and water
conservation | ||||||
| 19 | district office. Nothing in this Section shall be construed to
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| 20 | require
any taxpayer to have vegetative filter strips.
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| 21 | (d) A joint report by the
Department of Agriculture and the | ||||||
| 22 | Department of Natural Resources concerning
the effect and | ||||||
| 23 | impact of vegetative filter strip assessment shall be submitted
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| 24 | to the General Assembly by March 1, 2006.
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| 25 | (e) This Section is repealed on December 31, 2026 2016.
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| 26 | (Source: P.A. 94-1002, eff. 7-3-06.)
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