Full Text of SB2549 99th General Assembly
SB2549 99TH GENERAL ASSEMBLY |
| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 SB2549 Introduced 2/16/2016, by Sen. Antonio Muñoz SYNOPSIS AS INTRODUCED: |
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Amends the Property Tax Code. Makes changes concerning open space valuation for privately-owned public golf course property located in a county with more than 3,000,000 inhabitants. Effective immediately.
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| | FISCAL NOTE ACT MAY APPLY | | HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
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| 1 | | AN ACT concerning revenue.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Property Tax Code is amended by changing | 5 | | Section 10-155 as follows:
| 6 | | (35 ILCS 200/10-155)
| 7 | | Sec. 10-155. Open space land; valuation. | 8 | | (a) In all counties, in
addition to valuation as otherwise | 9 | | permitted by law, land which is used for
open space purposes | 10 | | and has been so used for the 3 years immediately preceding
the | 11 | | year in which the assessment is made, upon application under | 12 | | Section
10-160, shall be valued on the basis of its fair cash | 13 | | value, estimated at the
price it would bring at a fair, | 14 | | voluntary sale for use by the buyer for open
space purposes.
| 15 | | Land is considered used for open space purposes if it is | 16 | | more than 10 acres
in area and:
| 17 | | (a) is actually and exclusively used for maintaining or | 18 | | enhancing natural
or scenic resources,
| 19 | | (b) protects air or streams or water supplies,
| 20 | | (c) promotes conservation of soil, wetlands, beaches, | 21 | | or marshes,
including ground cover or planted perennial | 22 | | grasses, trees and shrubs and other
natural perennial | 23 | | growth, and including any body of water, whether man-made |
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| 1 | | or
natural,
| 2 | | (d) conserves landscaped areas, such as public or | 3 | | private golf courses,
| 4 | | (e) enhances the value to the public of abutting or | 5 | | neighboring parks,
forests, wildlife preserves, nature | 6 | | reservations, sanctuaries, or other open
spaces, or
| 7 | | (f) preserves historic sites.
| 8 | | Land is not considered used for open space purposes if it | 9 | | is used primarily
for residential purposes. | 10 | | If the land is improved with a water-retention dam that is | 11 | | operated primarily for commercial purposes, the | 12 | | water-retention dam is not considered to be used for open space | 13 | | purposes despite the fact that any resulting man-made lake may | 14 | | be considered to be used for open space purposes under this | 15 | | Section.
| 16 | | (b) In the case of privately-owned public golf course | 17 | | property located in a county with more than 3,000,000 | 18 | | inhabitants: | 19 | | (1) buildings, structures, roadways, driving ranges, | 20 | | parking areas, ponds, and improvements that are used to | 21 | | support golf operations are considered used for open space | 22 | | purposes; | 23 | | (2) a limit of 15,000 square feet of a club house, | 24 | | excluding any pro shop within the building, is considered | 25 | | used for open space purposes; | 26 | | (3) privately-owned public golf course property, |
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| 1 | | including the property described in items (1) and (2), | 2 | | shall not be considered used for open space purposes unless | 3 | | 85% of the property's revenue is derived from golf-related | 4 | | activity during the taxable year; all income, benefit, or | 5 | | value derived from the use of the property shall be | 6 | | included in determining the revenue of the property. | 7 | | For the purposes of this subsection (b), "golf course | 8 | | property" means one or more courses with any number of holes | 9 | | under common ownership and operating on one or several | 10 | | contiguous parcels of land. | 11 | | (Source: P.A. 95-70, eff. 1-1-08.)
| 12 | | Section 99. Effective date. This Act takes effect upon | 13 | | becoming law.
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