IL SB2271

Amends the Property Tax Code Section 1-130 to exclude buildings, structures, and improvements that are not permanently attached to land from property taxation.

Preserves existing taxation status for mobile homes and manufactured homes located outside mobile home parks that were taxed under the Mobile Home Local Services Tax Act as of the bill's effective date.

Requires mobile homes and manufactured homes to be assessed and taxed as real property if they are sold, transferred, or relocated to a different parcel outside a mobile home park.

Mandates that mobile homes and manufactured homes relocated into mobile home parks be treated as chattel and taxed under the Mobile Home Local Services Tax Act.

Establishes that this Section's provisions override conflicting provisions in the Illinois Manufactured Housing and Mobile Home Safety Act, Mobile Home Local Services Tax Act, Mobile Home Park Act, and other related laws regarding taxation of mobile homes and manufactured homes.