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92_HB2955 LRB9202333SMdv 1 AN ACT concerning taxes. 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 15-125 as follows: 6 (35 ILCS 200/15-125) 7 Sec. 15-125. Parking areas. Parking areas, not leased or 8 used for profit, when used as a part of a use for which an 9 exemption is provided by this Code and owned by any school 10 district, non-profit hospital, school, or religious or 11 charitable institution which meets the qualifications for the 12 exemption, are exempt. 13 (Source: Laws 1959, p. 1549, 1554, 2219, and 2224; P.A. 14 88-455.)