Illinois HB1367 amends the Township Open Space Article to reduce the acreage required for open land to 25 acres and allows leasing of open space for.
HB1367 modifies the Township Open Space Article of the Township Code by lowering the acreage threshold for open land from 50 acres to 25 acres. It allows township boards to lease open space for up to 25 years to individuals, nonprofit organizations, or government entities for purposes consistent with open space objectives. The bill also specifies that open space can be used for agricultural purposes and mandates that upon lease expiration, title to structures on the leased land reverts to the township. The changes do not affect existing leases.
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