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I have heard that the assessed value of forested ground in Illinois will soon rise sharply. Should I enroll my forested ground in the Conservation Stewardship Program to avoid this increase in taxes?

April 26, 2017assessed forested ground heard Illinois Rise sharply Soon value

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I have heard that the assessed value of forested ground in Illinois will soon rise sharply. Should I enroll my forested ground in the Conservation Stewardship Program to avoid this increase in taxes?

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The passage of Senate Bill 17 created a second new law called the Wooded Acreage Assessment Transition Law. This law defines how wooded acreage will be assessed for property taxes. Please consult your county assessor to determine how this law will be applied in your county and how it will affect your tax liability on wooded acreage.