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IL HB1076
Bill
Status
8/4/2023
Primary Sponsor
Lance Yednock
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AI Summary
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Amends the Counties Code to require a three-fourths vote of the full county board (rather than three-fourths of members present) to authorize leases of county-owned real estate for terms up to 99 years
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Creates a new provision allowing county boards to lease county-owned farmland for terms up to 5 years with a three-fourths vote of the full board
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Permits farmland leases to public or private entities through cash leases, crop-sharing arrangements, or custom farming arrangements
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Requires farmland lease bids to be publicly advertised with sealed bids opened at county board meetings for public review
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Prohibits counties from acquiring farmland solely for the purpose of entering into lease arrangements or other speculative purposes
Legislative Description
COUNTIES CD-LEASE OF FARMLAND
Last Action
Public Act . . . . . . . . . 103-0415
8/4/2023