Illinois SB 2706: PROP TX-ENERGY SYSTEMS
Status: Rule 3-9(a) / Re-referred to Assignments (as of 2026-05-22)
State: Illinois · Session: 104th · Bill: SB 2706
Sponsors: Sally J. Turner, Chapin Rose, Dave Syverson, Terri Bryant
Bill Text
• Illinois General Assembly - Full Text of SB2706 • • • • • • • • • • • • Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. Choose Language English Afrikaans Albanian Arabic Armenian Azerbaijani Basque Bengali Bosnian Catalan Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish French Galician Georgian German Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Hungarian Icelandic Indonesian Interlingua Interlingue Inuktitut Irish Italian Japanese Javanese Kannada Khmer Korean Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malayalam Maltese Maori Marathi Myanmar Nepali Norwegian Odia Pashto Punjabi Romanian Russian Samoan Sango Sanskrit Sardinian Sindhi Sinhala Slovak Slovenian Somali Southern Sotho Spanish Sundanese Swahili Swedish Tamil Telugu Thai Tigrinya Tonga Turkish Ukrainian Urdu Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Powered by Translate Close Illinois General Assembly Top Navigation Bar Translate Learn Select General Assembly Search the 104th General Assembly Enter search terms for legislation, members, committees, or schedules. ILGA.GOV • • LEGISLATION & LAWS • Bills & Resolutions • Public Acts • Illinois Compiled Statutes • Illinois Constitution • Search Legislation • Glossary • Guide • Reports & Inquiry • Legislative Reports • Special Reports • FTP Site • Legislator Lookup • Capitol Complex Phone Numbers • Rules & Regulations • Illinois Register • Administrative Rules • Senate • Members • Schedules • Committees • Request for Remote Testimony • Journals • Transcripts • Rules • Audio/Video • FOIA Information • Senate Employment Opportunities • Media Guidelines • House • Members • Schedules • Committees • Submit testimony for House Committees • Journals • Transcripts • Rules • Audio/Video • FOIA Information • House Employment Opportunities • Log In Mobile Top Bar Search the 104th General Assembly Enter keywords to search the Illinois General Assembly website. Full Text of SB2706 • Home • Legislation • Full Text SB2706 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB2706 Introduced 10/14/2025, by Sen. Sally J. Turner SYNOPSIS AS INTRODUCED: 35 ILCS 200/10-600 35 ILCS 200/10-720 Amends the Property Tax Code. In provisions concerning the valuation of wind energy devices, provides that, for taxable year 2026 and thereafter, the real property cost basis is $588,000 per megawatt of nameplate capacity (currently, $360,000 per megawatt of nameplate capacity). In provisions concerning the valuation of solar energy systems, provides that, for taxable year 2026 and thereafter, the real property cost basis is $446,000 per megawatt of nameplate capacity (currently, $218,000 per megawatt of nameplate capacity). Effective immediately. LRB104 15663 HLH 28835 b A BILL FOR SB2706LRB104 15663 HLH 28835 b 1 AN ACT concerning revenue. 2 Be it enacted by the People of the State of Illinois, 3represented in the General Assembly: 4 Section 5. The Property Tax Code is amended by changing 5Sections 10-600 and 10-720 as follows: 6 (35 ILCS 200/10-600) 7 Sec. 10-600. Definitions. For the purposes of this 8Division 18: 9 "Wind energy device" means any device, with a nameplate 10capacity of at least 0.5 megawatts, that is used in the process 11of converting kinetic energy from the wind to generate 12electric power for commercial sale. 13 "Real 2007 real property cost basis" excludes personal 14property but represents both the land and real property 15improvements of a wind energy device and means: (1) $360,000 16per megawatt of nameplate capacity for taxable years prior to 17taxable year 2026; and (2) $588,000 per megawatt of nameplate 18capacity for taxable year 2026 and thereafter. 19 "Trending factor" means a number equal
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