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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
SB3110
Introduced 2/8/2010, by Sen. J. Bradley Burzynski SYNOPSIS AS INTRODUCED:
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Amends the Property Tax Code. Makes a technical change in a Section concerning farmland.
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A BILL FOR
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SB3110 |
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LRB096 17636 HLH 32994 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 10-110 as follows:
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| (35 ILCS 200/10-110)
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| Sec. 10-110. Farmland. The equalized assessed value of a |
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| farm, as defined
in Section 1-60 and if used as a farm for the |
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| the 2 preceding years, except tracts
subject to assessment |
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| under Section 10-145, shall be determined as described in
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| Sections 10-115 through 10-140.
To assure proper |
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| implementation of Sections 10-110 through 10-140, the
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| Department may withhold non-farm multipliers for any county |
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| other than a county
with more than 3,000,000 inhabitants that |
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| classifies property for tax
purposes.
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| (Source: P.A. 92-301, eff. 1-1-02.)
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