IL HB2900

Expands the list of property types exempt from annual exemption filing requirements under the Property Tax Code to include schools owned by public school districts, state property, taxing district property, public libraries, fire protection districts, municipal corporations, housing authorities, public transportation systems, bi-state development agencies, park and conservation districts, and other specified public bodies.

Maintains existing exemptions for burial grounds, religious properties, and United States government property that do not require annual filing.

Requires notice to be filed under Section 15-20 if there is any change in use or ownership of exempt properties, even for properties not requiring annual exemption filings.

Establishes procedures for hospital entities to file interim and supplemental affidavits to document compliance with exemption requirements under Section 15-86.

Takes effect immediately upon becoming law.