Public Act 100-0455

SB1593 Enrolled LRB100 10186 HLH 20367 b

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois,

represented in the General Assembly:

Section 5. The Property Tax Code is amended by changing

Section 15-125 as follows:

(35 ILCS 200/15-125)

Sec. 15-125. Parking areas.

(a) Parking areas, not leased or used for profit other than

those lease or rental agreements subject to subsection (b) of

this Section, when used as a part of a use for which an

exemption is provided by this Code and owned by any school

district, non-profit hospital, school, or religious or

charitable institution which meets the qualifications for

exemption, are exempt.

(b) Parking areas owned by any religious institution that

meets the qualifications for exemption, when leased or rented

to a mass transportation entity for the limited free parking of

the commuters of the mass transportation entity, are exempt.

(c) Parking areas owned by any religious institution that

meets the qualifications for exemption, when leased or rented

to a municipality for the purpose of providing free public

parking, are exempt, so long as the lease is for no more than

nominal consideration. For purposes of this Section,

maintenance and insurance of the parking areas by the

municipality shall be considered nominal consideration.

(Source: P.A. 93-1038, eff. 6-1-05.)

Section 90. The State Mandates Act is amended by adding

Section 8.41 as follows:

(30 ILCS 805/8.41 new)

Sec. 8.41. Exempt mandate. Notwithstanding Sections 6 and 8

of this Act, no reimbursement by the State is required for the

implementation of any mandate created by this amendatory Act of

the 100th General Assembly.

Section 99. Effective date. This Act takes effect upon

becoming law.