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90_HB2220
New Act
35 ILCS 200/15-35
Creates the Higher Education Facilities Support Act of
1997. Creates only a short title. Amends the Property Tax
Code by making technical corrections in the Section
concerning the exemption for schools. Effective January 1,
1998.
LRB9005390KDmb
LRB9005390KDmb
1 AN ACT concerning education.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 1. Short title. This Act may be cited as the
5 Higher Education Facilities Support Act of 1997.
6 Section 50. The Property Tax Code is amended by changing
7 Section 15-35 as follows:
8 (35 ILCS 200/15-35)
9 Sec. 15-35. Schools. All property donated by the United
10 States for school purposes, and all property of schools, not
11 sold or leased or otherwise used with a view to profit, is
12 exempt, whether owned by a resident or non-resident of this
13 State or by a corporation incorporated in any state of the
14 United States. Also exempt is:
15 (a) property of schools that which is leased to a
16 municipality to be used for municipal purposes on a
17 not-for-profit basis; ,
18 (b) property of schools on which the schools are located
19 and any other property of schools used by the schools
20 exclusively for school purposes, including, but not limited
21 to, student residence halls, dormitories and other housing
22 facilities for students and their spouses and children, staff
23 housing facilities, and school-owned and operated dormitory
24 or residence halls occupied in whole or in part by students
25 who belong to fraternities, sororities, or other campus
26 organizations; .
27 (c) property donated, granted, received or used for
28 public school, college, theological seminary, university, or
29 other educational purposes, whether held in trust or
30 absolutely; and,
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1 (d) in counties with more than 200,000 inhabitants which
2 classify property, property (including interests in land and
3 other facilities) on or adjacent to (even if separated by a
4 public street, alley, sidewalk, parkway or other public way)
5 the grounds of a school, if that property is used by an
6 academic, research or professional society, institute,
7 association or organization which serves the advancement of
8 learning in a field or fields of study taught by the school
9 and which property is not used with a view to profit.
10 (Source: P.A. 83-1226; 88-455.)
11 Section 99. Effective date. This Act takes effect on
12 January 1, 1998.