Referred to Assignments
Summary
The bill adds a condition to Illinois data‑center tax‑exemption certificates: operators must sign a community benefit agreement and make annual payments to the host municipality or county. The payments must be at least 10% of the property tax the center would have owed, and at least half of that money must go to eligible homeowners to offset their residential tax burden. This aims to ensure local communities share in the economic benefits of large data‑center projects.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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