Illinois HB5013 amends the Property Tax Code to redefine real property, excluding non-permanent structures unless they are mobile homes outside parks.
Illinois HB5013 amends the Property Tax Code to redefine real property, excluding buildings or structures not affixed to a permanent foundation or connected to utilities for year-round occupancy. Mobile homes and manufactured homes outside parks can be taxed as real property if requested. Mobile homes and manufactured homes in parks must be taxed under the Mobile Home Local Services Tax Act. The bill also addresses the taxation of spent fuel pools and dry cask storage systems in decommissioned nuclear power plants.
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