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Sen. Michael Connelly
Filed: 3/12/2013
| | 09800SB1519sam002 | | LRB098 08307 HLH 42655 a |
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1 | | AMENDMENT TO SENATE BILL 1519
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2 | | AMENDMENT NO. ______. Amend Senate Bill 1519 on page 1, by |
3 | | replacing lines 7 through 11 with the following:
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4 | | " Sec. 18-184.15. Beginning in taxable year 2014, any |
5 | | county, municipality, village, or township, upon approval of an |
6 | | ordinance or resolution, may abate all or a portion of the |
7 | | taxes levied
by that county, municipality, village, or township |
8 | | on the property of a qualified tool and manufacturing business |
9 | | located within that county, municipality, village, or |
10 | | township. Following the approval of such an ordinance or |
11 | | resolution by a county, municipality, village, or township, any |
12 | | taxing district located in whole or in part within that county, |
13 | | municipality, village or township may also abate all or a |
14 | | portion of its taxes levied by the taxing district on the |
15 | | property of the qualified tool and manufacturing business. Such |
16 | | taxing district, upon approval of an ordinance or resolution, |
17 | | abating all or a portion of the taxes levied by the taxing |
18 | | district on the property of the qualified tool and |