Bill Text: IL SB1593 | 2017-2018 | 100th General Assembly | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Property Tax Code. Provides that parking areas owned by religious institutions, when leased or rented to a municipality for the purpose of providing free public parking, are exempt. Effective immediately.
Spectrum: Bipartisan Bill
Status: (Passed) 2017-08-25 - Public Act . . . . . . . . . 100-0455 [SB1593 Detail]
Download: Illinois-2017-SB1593-Engrossed.html
Bill Title: Amends the Property Tax Code. Provides that parking areas owned by religious institutions, when leased or rented to a municipality for the purpose of providing free public parking, are exempt. Effective immediately.
Spectrum: Bipartisan Bill
Status: (Passed) 2017-08-25 - Public Act . . . . . . . . . 100-0455 [SB1593 Detail]
Download: Illinois-2017-SB1593-Engrossed.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 15-125 as follows:
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6 | (35 ILCS 200/15-125)
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7 | Sec. 15-125. Parking areas. | ||||||
8 | (a) Parking areas, not leased
or used for profit other than | ||||||
9 | those lease or rental agreements subject to subsection (b) of | ||||||
10 | this Section, when used as a
part of a use for which an | ||||||
11 | exemption is provided by this Code and owned by
any school | ||||||
12 | district, non-profit hospital, school, or religious or
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13 | charitable institution which meets the qualifications for | ||||||
14 | exemption, are
exempt.
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15 | (b) Parking areas owned by any religious institution that | ||||||
16 | meets the qualifications for exemption, when leased or rented | ||||||
17 | to a mass transportation entity for the limited free parking of | ||||||
18 | the commuters of the mass transportation entity, are exempt.
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19 | (c) Parking areas owned by any religious institution that | ||||||
20 | meets the qualifications for exemption, when leased or rented | ||||||
21 | to a municipality for the purpose of providing free public | ||||||
22 | parking, are exempt, so long as the lease is for no more than | ||||||
23 | nominal consideration. For purposes of this Section, |
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1 | maintenance and insurance of the parking areas by the | ||||||
2 | municipality shall be considered nominal consideration. | ||||||
3 | (Source: P.A. 93-1038, eff. 6-1-05 .)
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4 | Section 90. The State Mandates Act is amended by adding | ||||||
5 | Section 8.41 as follows:
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6 | (30 ILCS 805/8.41 new) | ||||||
7 | Sec. 8.41. Exempt mandate. Notwithstanding Sections 6 and 8 | ||||||
8 | of this Act, no reimbursement by the State is required for the | ||||||
9 | implementation of any mandate created by this amendatory Act of | ||||||
10 | the 100th General Assembly.
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11 | Section 99. Effective date. This Act takes effect upon | ||||||
12 | becoming law.
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