PROPERTY TAX-AIRPORT PROPERTY House SponsorsRep. Margo McDermed-Lindsay Parkhurst and Natalie A. Manley 1/13/2021HouseSession Sine Die 30 ILCS 105/6z-5935 ILCS 200/15-5570 ILCS 605/5-2from Ch. 42, par. 5-2 Amends the State Finance Act. Provides that, beginning on January 1, 2028 (currently, January 1, 2021), moneys received from the rental of land, buildings, or improvements on property held for the development of an airport in Will County by the Department of Transportation shall be paid into the General Revenue Fund instead of the Tax Recovery Fund. Amends the Property Tax Code. Provides that, with respect to real property in Will County owned by the State for the purpose of developing an airport, payments made to compensate taxing districts for leasehold taxes shall be calculated based on the 2019 property tax year (currently, 2002). Effective immediately. 1/24/2019HouseFiled with the Clerk by Rep. Margo McDermed 1/28/2019HouseFirst Reading 1/28/2019HouseReferred to Rules Committee 2/5/2019HouseAssigned to Revenue & Finance Committee 2/11/2019HouseAdded Chief Co-Sponsor Rep. Lindsay Parkhurst 2/14/2019HouseTo Property Tax Subcommittee 3/26/2019HouseAdded Co-Sponsor Rep. Natalie A. Manley 3/29/2019HouseRule 19(a) / Re-referred to Rules Committee 1/13/2021HouseSession Sine Die