92nd General Assembly
Status of HB2059
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 Full Text  Bill Summary

   35 ILCS 200/15-65                                                           
   30 ILCS 805/8.25 new                                                        

        Amends the Property Tax Code.  Provides that if a  not-for-profit      
   organization  leases  one  of  5  types  of property that is otherwise      
   eligible for a charitable purpose exemption to  an  organization  that      
   conducts  an  activity  on  the leased premises that would entitle the      
   lessee to an exemption from real estate taxes if the lessee  were  the      
   owner  of   the  property, then the leased property is exempt.  Amends      
   the   State   Mandates   Act   to   require   implementation   without      
   reimbursement.  Effective immediately.                                      
   FEB-21-2001  H  FILED WITH CLERK                                               
   FEB-21-2001  H  FIRST READING                                                  
   FEB-21-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-22-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary