Illinois § 10-505 Wooded acreage defined

Illinois Statutes

§ 10-505 — Wooded acreage defined

Illinois·Topic GOVERNMENT·Ch. 35 REVENUE·Act 35 ILCS 200/ Property Tax Code.·Art. Title 3 - Valuation and Assessment

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.

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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.

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