IL SB2346

Amends Section 15-40 of the Property Tax Code concerning tax exemptions for religious property.

Clarifies that property used exclusively for religious purposes, school and religious purposes, or orphanages qualifies for tax exemption if not used with a view to profit.

Specifies that housing facilities for ministers, their families, and domestic workers owned by churches or religious institutions qualify for exemption when used in conjunction with the religious organization.

Establishes that parsonages, convents, monasteries, and other housing facilities are considered exclusively used for religious purposes when residents are required to live there as a condition of their employment or religious association.

Requires Cook County to file transfer notices for exempt religious properties with the county recorder and mandates the recorder transmit copies to the county assessment officer within 14 days.