Bill Title: Amends the Property Tax Code. Provides that property and any leasehold interest in property that is owned by a municipality with a population of over 500,000 inhabitants, or a unit of local government whose jurisdiction includes territory located in whole or in part within a municipality with a population of over 500,000 inhabitants, is exempt from taxation under the Code if the property is used as a harbor. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Passed) 2009-09-08 - Public Act . . . . . . . . . 96-0789 [SB2115 Detail]

Text: Latest bill text (Enrolled) [HTML]

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