reglab/housing_qa huggingface dataset:
35 ILCS 200/10-430
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-430. Withdrawal from special valuation.(a) If any of the following events occur, then the Department of Natural Resources shall withdraw all or a portion of the land from special valuation:(1) the Department of Natural Resources determines,     based on field inspections or from any other reasonable evidence, that the land no longer meets the criteria under this Division; or(2) the failure of the taxpayer to respond to a     request from the Department of Natural Resources or the chief county assessment officer of each county in which the property is located for data regarding the use of the land or other similar information pertinent to the continued special valuation of the land.(b) A determination by the Department of Natural Resources to withdraw land from the special valuation under this Act is effective on the following January 1 of the assessment year in which the withdrawal occurred.(c) The Department of Natural Resources shall notify the chief county assessment officer and the Department in writing of any land withdrawn from special valuation. Upon withdrawal, additional taxes must be calculated as provided in Section 10-445.  (Source: P.A. 95-633, eff. 10-1-07.)
35 ILCS 200/10-435
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-435. Recapture.(a) If, in any taxable year that the taxpayer receives a special valuation under Section 10-470, the taxpayer does not comply with the conservation management plan, then the taxpayer shall, by the following September 1, pay to the county treasurer the difference between: (i) the taxes paid for that year and; (ii) what the taxes for that year would have been based on a valuation otherwise permitted by law.(b) If the amount under subsection (a)  is not paid by the following September 1, then that amount is considered to be delinquent property taxes.(c) If a taxpayer who currently owns land in (i) a forestry management plan under Section 10-150 or (ii) land registered or encumbered by conservation rights under Section 10-166 that would qualify for the tax assessment under this Division, then the taxpayer may apply for reassessment under this Division and shall not be penalized for doing so.  (Source: P.A. 95-633, eff. 10-1-07.)
35 ILCS 200/10-440
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-440. Sale or transfer of unimproved land. The sale or transfer of unimproved land does not affect the valuation of the land, unless there is a change in the use of the land or the acreage requirement is no longer met. Any tract of land containing less than 5 acres after a sale or transfer may be reclassified by the chief county assessment officer and valued as otherwise permitted by law.The taxpayer and the Department of Natural Resources may revise a conservation management plan whenever there is a change in the ownership of the affected land.  (Source: P.A. 95-633, eff. 10-1-07.)
35 ILCS 200/10-445
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-445. Rules. The Department of Natural Resources shall adopt rules to implement and administer this Act.  (Source: P.A. 95-633, eff. 10-1-07.)
35 ILCS 200/Art. 10 Div. 17 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

        Division 17.  Wooded Acreage Assessment Transition Law  (Source: P.A. 95-633, eff. 10-1-07.)
35 ILCS 200/10-500
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-500. Short title. This Division may be cited as the Wooded Acreage Assessment Transition Law.  (Source: P.A. 95-633, eff. 10-1-07.)
35 ILCS 200/10-505
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-505. Wooded acreage defined.  For the purposes of this Division 17, "wooded acreage" means any parcel of unimproved real property that:(1) can be defined as "woodlands" by the United     States Department of the Interior Bureau of Land Management;(2) is at least 5 contiguous acres;(3) does not qualify as cropland, permanent pasture,     other farmland, or wasteland under Section 10-125 of this Code;(4) is not managed under a forestry management plan     and considered to be other farmland under Section 10-150 of this Code;(5) does not qualify for another preferential     assessment under this Code; and(6) is owned by the taxpayer on October 1, 2007.This amendatory Act of the 100th General Assembly is intended as a clarification and is not a new enactment. (Source: P.A. 100-379, eff. 8-25-17.)
35 ILCS 200/10-510
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-510. Assessment of wooded acreage.(a) If wooded acreage was classified as farmland during the 2006 assessment year, then the property shall be assessed by multiplying the current fair cash value of the property by the transition percentage. The chief county assessment officer shall determine the transition percentage for the property by dividing (i) the property's 2006 equalized assessed value as farmland by (ii) the 2006 fair cash value of the property.(b) The wooded acreage shall continue to be assessed under the provisions of this Section through any assessment year in which the property is transferred or no longer qualifies as wooded acreage under Section 10-505, and the property must be assessed as otherwise permitted by law beginning the following assessment year. For purposes of this Section, a transfer between spouses does not disqualify the property from the preferential assessment treatment under this Division for wooded acreage.   (Source: P.A. 100-834, eff. 1-1-19.)
35 ILCS 200/10-515
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-515. Notice requirement. If the owner of property subject to this Division is a corporation, partnership, limited liability company, trust, or other similar entity, then it shall report to the chief county assessment officer any change in ownership interest or beneficial interest.  If, after October 1, 2007, the ownership interests  or beneficial interests in such an entity change by more than 50% from those interests as they existed on October 1, 2007, then the property no longer qualifies to receive the preferential assessment treatment of the wooded acreage under this Division, and the property must be assessed as otherwise permitted by law beginning the following assessment year.  (Source: P.A. 95-633, eff. 10-1-07.)
35 ILCS 200/10-520
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-520. Cook County exempt. This Division 17 does not apply to any property located within Cook County.  (Source: P.A. 95-633, eff. 10-1-07.)
35 ILCS 200/Art. 10 Div. 18 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

 Division 18.     Wind energy property assessment  (Source: P.A. 95-644, eff. 10-12-07; 95-876, eff. 8-21-08.)
35 ILCS 200/10-600
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-600. Definitions. For the purposes of this Division 18:"Wind energy device" means any device, with a  nameplate capacity of at least 0.5 megawatts, that is used in the process of converting kinetic energy from the wind to generate electric power for commercial sale."2007 real property cost basis" excludes personal property but represents both the land and real property improvements of a wind energy device and means $360,000 per megawatt of nameplate capacity."Trending factor" means a number equal to the consumer price index (U.S. city average all items) published by the Bureau of Labor Statistics for the December immediately preceding the assessment date, divided by the consumer price index (U.S. city average all items) published by the Bureau of Labor Statistics for December 2006."Trended real property cost basis" means the 2007 real property cost basis multiplied by the trending factor."Allowance for physical depreciation" means (i) the actual age in years of the wind energy device on the assessment date divided by 25 years multiplied by (ii)  the trended real property cost basis. The physical depreciation, however, may not reduce the value of the wind energy device to less than 30% of the trended real property cost basis.  (Source: P.A. 95-644, eff. 10-12-07.)
35 ILCS 200/10-605
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-605. Valuation of wind energy devices. Beginning in assessment year 2007, the fair cash value of wind energy devices shall be determined by subtracting the allowance for physical depreciation from the trended real property cost basis.  Functional obsolescence and external obsolescence may further reduce the fair cash value of the wind energy device, to the extent they are proved by the taxpayer by clear and convincing evidence.  (Source: P.A. 95-644, eff. 10-12-07.)
35 ILCS 200/10-610
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-610. Applicability.(a) The provisions of this Division apply for assessment years 2007 through 2035.(b) The provisions of this Division do not apply to wind energy devices that are owned by any person or entity that is otherwise exempt from taxation under the Property Tax Code.  (Source: P.A. 102-662, eff. 9-15-21.)
35 ILCS 200/10-615
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-615. Wind energy assessable property is not subject to equalization. Wind energy assessable property is not subject to equalization factors applied by the Department or any board of review, assessor, or chief county assessment officer.  (Source: P.A. 95-644, eff. 10-12-07.)
35 ILCS 200/10-620
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-620. Platting requirements; parcel identification numbers. The owner of a wind energy device shall, at his or her own expense, use an Illinois registered land surveyor to prepare a plat showing the metes and bounds description, including access routes, of the area immediately surrounding the wind energy device over which that owner has exclusive control; provided that such platting does not constitute a subdivision of land subject to the provisions of the Plat Act
765 ILCS 205/
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

.   Within 60 days after completion of construction of the wind energy device, the owner of the wind energy device shall record the plat and deliver a copy of it to the chief county assessment officer and to the owner of the land surrounding the newly platted area.  Upon receiving a copy of the plat, the chief county assessment officer shall issue a separate parcel identification number or numbers for the property containing the wind energy device or devices.  (Source: P.A. 95-644, eff. 10-12-07.)
35 ILCS 200/Art. 10 Div. 19 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

 Division 19.  Qualified commercial and industrial property  (Source: P.A. 98-702, eff. 7-7-14.)
35 ILCS 200/10-700
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-700. Qualified commercial and industrial property; tornado disaster.  Notwithstanding any other provision of law, each qualified parcel of commercial or industrial property owned and used by a small business shall be valued at the lesser of (i)  its modified equalized assessed value or (ii) 33 1/3% of its fair cash value or,  in the case of property located in a county that classifies property for purposes of taxation in accordance with Section 4 of Article IX of the Constitution, the percentage of fair cash value as required by county ordinance.  The method of valuation under this Section shall continue until there is a change in use or ownership of the property or until the fifteenth taxable year  after the tornado disaster occurs, whichever occurs first.  In order to qualify for valuation under this Section, the structure must be rebuilt within 2 years after the date of the tornado disaster, and the square footage of the rebuilt structure may not be more than 110% of the square footage of the original structure as it existed immediately prior to the tornado disaster."Base year" means the taxable year prior to the taxable year in which the tornado disaster occurred."Modified equalized assessed value" means:(1)  in the first taxable year after the tornado     disaster occurs, the equalized assessed value of the property for the base year; and(2)  in the second taxable year after the tornado     disaster occurs and thereafter, the modified equalized assessed value of the property for the previous taxable year, increased by 4%."Tornado disaster" means an occurrence of widespread or severe damage or loss of property resulting from a tornado or combination of tornadoes that has been proclaimed as a natural disaster by the Governor or the President of the United States."Qualified parcel of property" means property that (i)  is owned and used exclusively for commercial or industrial purposes by a small business and (ii)   has been rebuilt following a tornado disaster occurring in taxable year 2013 or any taxable year thereafter."Small business" means a business that employs fewer than 50 full-time employees.   (Source: P.A. 98-702, eff. 7-7-14.)
35 ILCS 200/Art. 10 Div. 20 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

 Division 20.  Commercial solar energy systems  (Source: P.A. 100-781, eff. 8-10-18.)
35 ILCS 200/10-720
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-720. Definitions.   For the purpose of this Division  20:"Allowance for physical depreciation" means (i) the actual age  in years of the commercial solar energy system on the assessment  date divided by 25 years, multiplied by (ii) its trended real property  cost basis. The physical depreciation, however, may not reduce  the value of the commercial solar energy system to less than 30%  of its trended real property cost basis."Commercial solar energy system" means any device or  assembly of devices that (i) is ground installed and (ii) uses  solar energy from the sun for generating electricity for the  primary purpose of wholesale or retail sale and not primarily  for consumption on the property on which the device or devices  reside."Commercial solar energy system real property cost basis"  means the owner of a commercial solar energy system's  interest in the land within the project boundaries and real  property improvements and shall be calculated at $218,000 per megawatt of  nameplate capacity. For the purposes of this Section,  "nameplate capacity" has the same definition as found in Section  1-10 of the Illinois Power Agency Act."Ground installed" means the installation of a commercial  solar energy system, with the primary purpose of solar energy  generation for wholesale or retail sale, on a parcel or tract of  land."Trended real property cost basis" means the commercial  solar energy system real property cost basis multiplied by the  trending factor."Trending factor" means a number equal to the Consumer  Price Index (U.S. city average all items) published by the  Bureau of Labor Statistics for the December immediately  preceding the assessment date, divided by the Consumer Price  Index (U.S. city average all items) published by the Bureau of  Labor Statistics for December of 2017.   (Source: P.A. 100-781, eff. 8-10-18.)
35 ILCS 200/10-725
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-725. Improvement valuation of commercial solar  energy systems in counties with fewer than 3,000,000  inhabitants. Beginning in assessment year 2018, the fair cash  value of commercial solar energy system improvements in counties  with fewer than 3,000,000 inhabitants shall be determined by  subtracting the allowance for physical depreciation from the  trended real property cost basis. Functional obsolescence and  external obsolescence of the solar energy device may further  reduce the fair cash value of the commercial solar energy system  improvements, to the extent they are proved by the taxpayer by  clear and convincing evidence.  (Source: P.A. 100-781, eff. 8-10-18.)
35 ILCS 200/10-735
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-735. Commercial solar energy systems not subject to  equalization. Commercial solar energy systems assessable under  this Division are not subject to equalization factors applied by  the Department or any board of review, assessor, or chief county  assessment officer.  (Source: P.A. 100-781, eff. 8-10-18.)
35 ILCS 200/10-740
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-740. Survey for ground installed commercial solar  energy systems; parcel identification numbers for property  improved with a ground installed commercial solar energy system.  Notwithstanding any other provision of law, the owner of the  ground installed commercial solar energy system shall commission  a metes and bounds survey description of the land upon which the  commercial solar energy system is installed, including access  routes, over which the owner of the commercial solar energy  system has exclusive control. The owner of the ground installed  commercial solar energy system shall, at his or her own expense,  use an Illinois-registered land surveyor to prepare the survey.  The owner of the ground installed commercial solar energy system  shall deliver a copy of the survey to the chief county  assessment officer and to the owner of the land upon which the  ground installed commercial solar energy system is constructed. Upon receiving a copy of the survey and an agreed acknowledgement to the separate parcel identification number by the owner of the land upon which the ground installed commercial solar energy system is constructed, the chief county assessment officer shall issue a separate parcel identification for the real property improvements, including the land containing the ground installed commercial solar energy system, to be used only for the purposes of property assessment for taxation. The property records shall contain the legal description of the  commercial solar energy system parcel and describe any leasehold  interest or other interest of the owner of the commercial solar  energy system in the property. A plat prepared under this  Section shall not be construed as a violation of the Plat Act.  (Source: P.A. 100-781, eff. 8-10-18.)
35 ILCS 200/10-745
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-745. Real estate taxes. Notwithstanding the  provisions of Section 9-175 of this Code, the owner of the  commercial solar energy system shall be liable for the real  estate taxes for the land and real property improvements of a  ground installed commercial solar energy system.  Notwithstanding the foregoing, the owner of the land upon which a  commercial solar energy system is installed may pay any unpaid  tax of the commercial solar energy system parcel prior to the  initiation of any tax sale proceedings.  (Source: P.A. 100-781, eff. 8-10-18; 101-81, eff. 7-12-19.)
35 ILCS 200/10-750
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-750. Property assessed as farmland. Notwithstanding  any other provision of law, real property assessed as farmland  in accordance with Section 10-110 in the assessment year prior  to valuation under this Division shall return to being assessed  as farmland in accordance with Section 10-110 in the year  following completion of the removal of the commercial solar  energy system as long as the property is returned to a farm use  as defined in Section 1-60 of this Act, notwithstanding that the  land was not used for farming for the 2 preceding years.  (Source: P.A. 100-781, eff. 8-10-18.)
35 ILCS 200/10-755
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-755. Abatements. Any taxing district, upon a  majority vote of its governing authority, may, after the  determination of the assessed valuation as set forth in this  Code, order the clerk of the appropriate municipality or county  to abate any portion of real property taxes otherwise levied or  extended by the taxing district on a commercial solar energy  system.  (Source: P.A. 100-781, eff. 8-10-18.)
35 ILCS 200/10-760
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-760. Applicability. The provisions of this Division  apply for assessment years 2018 through 2033.  (Source: P.A. 100-781, eff. 8-10-18.)
35 ILCS 200/Art. 11 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

 Article 11.      Valuations Performed by the Department
35 ILCS 200/Art. 11 Div. 1 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

 Division 1.      Pollution control facilities
35 ILCS 200/11-5
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 11-5.     Pollution control facilities; valuation policy.     It is the policy  of this State that pollution control facilities should be valued, at 33 1/3% of  the fair cash value of their economic productivity to their owners.    (Source: P.A. 83-121; 88-455.)