Bill Text: IL HB4914 | 2017-2018 | 100th General Assembly | Introduced
Bill Title: Amends the Property Tax Code. Provides that school-approved nonprofit dormitory or residence halls occupied in whole or in part by students who belong to fraternities, sororities, or other campus organizations are exempt. Effective immediately.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Failed) 2019-01-08 - Session Sine Die [HB4914 Detail]
Download: Illinois-2017-HB4914-Introduced.html
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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 15-35 as follows:
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6 | (35 ILCS 200/15-35)
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7 | Sec. 15-35. Schools. All property donated by the United | ||||||||||||||||||||||||
8 | States for school
purposes, and all property of schools, not | ||||||||||||||||||||||||
9 | sold or leased or otherwise used
with a view to profit, is | ||||||||||||||||||||||||
10 | exempt, whether owned by a resident or non-resident
of this | ||||||||||||||||||||||||
11 | State or by a corporation incorporated in any state of the | ||||||||||||||||||||||||
12 | United
States. Also exempt is:
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13 | (a) property of schools which is leased to a | ||||||||||||||||||||||||
14 | municipality to be used for
municipal purposes on a | ||||||||||||||||||||||||
15 | not-for-profit basis;
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16 | (b) property of schools on which the schools are | ||||||||||||||||||||||||
17 | located and any other
property of schools used by the | ||||||||||||||||||||||||
18 | schools exclusively for school purposes,
including, but | ||||||||||||||||||||||||
19 | not limited to, student residence halls, dormitories and
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20 | other housing facilities for students and their spouses and | ||||||||||||||||||||||||
21 | children, staff
housing facilities, and school-owned and | ||||||||||||||||||||||||
22 | operated dormitory or residence
halls occupied in whole or | ||||||||||||||||||||||||
23 | in part by students who belong to fraternities,
sororities, |
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1 | or other campus organizations , and school-approved | ||||||
2 | nonprofit dormitory or residence halls occupied in whole or | ||||||
3 | in part by students who belong to fraternities,
sororities, | ||||||
4 | or other campus organizations ;
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5 | (c) property donated, granted, received or used for | ||||||
6 | public school,
college, theological seminary, university, | ||||||
7 | or other educational purposes,
whether held in trust or | ||||||
8 | absolutely;
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9 | (d) in counties with more than 200,000 inhabitants | ||||||
10 | which classify
property, property (including interests in | ||||||
11 | land and other facilities) on or
adjacent to (even if | ||||||
12 | separated by a public street, alley, sidewalk, parkway or
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13 | other public way) the grounds of a school, if that property | ||||||
14 | is used by an
academic, research or professional society, | ||||||
15 | institute, association or
organization which serves the | ||||||
16 | advancement of learning in a field or fields of
study | ||||||
17 | taught by the school and which property is not used with a | ||||||
18 | view to
profit;
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19 | (e) property owned by a school district.
The exemption | ||||||
20 | under this subsection is not affected by any
transaction
in | ||||||
21 | which, for
the purpose of obtaining financing, the school | ||||||
22 | district,
directly or
indirectly, leases or otherwise | ||||||
23 | transfers the property to another for which or
whom | ||||||
24 | property is not exempt and immediately after the lease or | ||||||
25 | transfer enters
into a leaseback
or other agreement that | ||||||
26 | directly or indirectly gives the school district a
right to
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1 | use, control, and possess the property. In the case of a
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2 | conveyance
of the property, the school district must retain | ||||||
3 | an option
to
purchase the property at a future date or, | ||||||
4 | within the limitations period for
reverters, the property | ||||||
5 | must revert back to the school district.
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6 | (1) If the property has been conveyed as described | ||||||
7 | in this subsection,
the
property is no longer exempt | ||||||
8 | under this Section as of the date when:
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9 | (A) the right of the school district to use, | ||||||
10 | control,
and possess
the property is terminated;
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11 | (B) the school district no longer has an option | ||||||
12 | to
purchase or otherwise acquire the property; and
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13 | (C) there is no provision for a reverter of the | ||||||
14 | property to the school
district
within the | ||||||
15 | limitations period for reverters.
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16 | (2) Pursuant to Sections 15-15 and 15-20 of this | ||||||
17 | Code, the school
district
shall notify the chief county | ||||||
18 | assessment officer of
any transaction under this | ||||||
19 | subsection. The chief county
assessment officer shall
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20 | determine initial and continuing compliance with the | ||||||
21 | requirements of this
subsection for tax exemption. | ||||||
22 | Failure to notify the chief county assessment
officer | ||||||
23 | of a transaction under this subsection or to otherwise | ||||||
24 | comply with the
requirements of Sections
15-15 and | ||||||
25 | 15-20 of this Code shall, in the discretion of the | ||||||
26 | chief county
assessment officer, constitute cause to |
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1 | terminate the exemption,
notwithstanding any other | ||||||
2 | provision of this Code.
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3 | (3) No provision of this subsection shall be | ||||||
4 | construed to affect the
obligation
of the school | ||||||
5 | district to which an exemption certificate has been | ||||||
6 | issued under
this Section from its obligation
under | ||||||
7 | Section 15-10 of this Code to file
an annual | ||||||
8 | certificate of status or to notify the chief county | ||||||
9 | assessment
officer of transfers of interest or other | ||||||
10 | changes in the status of the property
as required by | ||||||
11 | this Code.
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12 | (4) The changes made by this amendatory Act of the | ||||||
13 | 91st General Assembly
are declarative of existing law | ||||||
14 | and shall not be construed as a new
enactment; and
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15 | (f) in counties with more than 200,000 inhabitants | ||||||
16 | which
classify
property,
property of a corporation, which | ||||||
17 | is an exempt entity under paragraph (3) of
Section 501(c) | ||||||
18 | of the Internal Revenue Code or its successor law, used by | ||||||
19 | the
corporation for the following purposes: (1) conducting | ||||||
20 | continuing education
for professional development of | ||||||
21 | personnel in energy-related industries; (2)
maintaining a | ||||||
22 | library of energy technology information available to | ||||||
23 | students
and the public free of charge; and (3) conducting | ||||||
24 | research in energy and
environment, which research results | ||||||
25 | could be ultimately accessible to persons
involved in | ||||||
26 | education.
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1 | (Source: P.A. 91-513, eff. 8-13-99; 91-578, eff.
8-14-99; | ||||||
2 | 92-16, eff. 6-28-01.)
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3 | Section 99. Effective date. This Act takes effect upon | ||||||
4 | becoming law.
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