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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB5102
Introduced 1/29/2010, by Rep. Jim Sacia SYNOPSIS AS INTRODUCED:
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Amends the Property Tax Code. Provides that the alternate valuation for wind energy devices applies through 2016 (now, 2011). Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
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A BILL FOR
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HB5102 |
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LRB096 18495 HLH 33875 b |
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| AN ACT concerning revenue.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Property Tax Code is amended by changing |
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| Section 10-610 as follows:
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| (35 ILCS 200/10-610) |
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| Sec. 10-610. Applicability. |
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| (a) The provisions of this Division apply for assessment |
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| years 2007 through 2016 2011. |
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| (b) The provisions of this Division do not apply to wind |
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| energy devices that are owned by any person or entity that is |
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| otherwise exempt from taxation under the Property Tax Code.
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| (Source: P.A. 95-644, eff. 10-12-07.)
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| Section 99. Effective date. This Act takes effect upon |
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| becoming law.
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