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| | 96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB4797 Introduced 1/12/2010, by Rep. Frank J. Mautino SYNOPSIS AS INTRODUCED:
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Amends the Property Tax Code. Provides that a Division of the Code setting forth special valuation procedures for wind energy devices applies through assessment year 2016 (instead of 2011).
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| | | FISCAL NOTE ACT MAY APPLY | | STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT |
| | A BILL FOR |
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| | HB4797 | | LRB096 16236 HLH 31492 b |
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| 1 | | AN ACT concerning revenue.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Property Tax Code is amended by changing |
| 5 | | Section 10-610 as follows:
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| 6 | | (35 ILCS 200/10-610) |
| 7 | | Sec. 10-610. Applicability. |
| 8 | | (a) The provisions of this Division apply for assessment |
| 9 | | years 2007 through 2016 2011. |
| 10 | | (b) The provisions of this Division do not apply to wind |
| 11 | | energy devices that are owned by any person or entity that is |
| 12 | | otherwise exempt from taxation under the Property Tax Code.
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| 13 | | (Source: P.A. 95-644, eff. 10-12-07.)
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