IL HB2813

Amends the Property Tax Code definition of "wooded acreage" to clarify that it must be defined as "woodlands" by the United States Department of the Interior Bureau of Land Management, replacing reference to the Department of Labor.

Requires wooded acreage to be at least 5 contiguous acres of unimproved real property that does not qualify as cropland, permanent pasture, other farmland, or wasteland.

Excludes property managed under a forestry management plan and considered other farmland, or property qualifying for another preferential assessment under the Property Tax Code.

Requires wooded acreage to be owned by the taxpayer on October 1, 2007.

Specifies this amendment is a clarification of existing law rather than a new enactment, effective upon becoming law.