Bill Text: IL HB0243 | 2015-2016 | 99th General Assembly | Introduced
Bill Title: Amends the Property Tax Code. Provides that each tax bill shall contain a list of each TIF district in which the property is located and the percentage of the taxpayer's total payment that is deposited into a special tax allocation fund established in connection with a TIF district. Effective immediately.
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2015-03-27 - House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee [HB0243 Detail]
Download: Illinois-2015-HB0243-Introduced.html
| |||||||||||||||||||||||||
| |||||||||||||||||||||||||
| |||||||||||||||||||||||||
| |||||||||||||||||||||||||
| |||||||||||||||||||||||||
1 | AN ACT concerning revenue.
| ||||||||||||||||||||||||
2 | Be it enacted by the People of the State of Illinois,
| ||||||||||||||||||||||||
3 | represented in the General Assembly:
| ||||||||||||||||||||||||
4 | Section 5. The Property Tax Code is amended by changing | ||||||||||||||||||||||||
5 | Section 20-15 as follows:
| ||||||||||||||||||||||||
6 | (35 ILCS 200/20-15)
| ||||||||||||||||||||||||
7 | Sec. 20-15. Information on bill or separate statement. | ||||||||||||||||||||||||
8 | There shall be
printed on each bill, or on a separate slip | ||||||||||||||||||||||||
9 | which shall be mailed with the
bill:
| ||||||||||||||||||||||||
10 | (a) a statement itemizing the rate at which taxes have | ||||||||||||||||||||||||
11 | been extended for
each of the taxing districts in the | ||||||||||||||||||||||||
12 | county in whose district the property is
located, and in | ||||||||||||||||||||||||
13 | those counties utilizing
electronic data processing | ||||||||||||||||||||||||
14 | equipment the dollar amount of tax due from the
person | ||||||||||||||||||||||||
15 | assessed allocable to each of those taxing districts, | ||||||||||||||||||||||||
16 | including a
separate statement of the dollar amount of tax | ||||||||||||||||||||||||
17 | due which is allocable to a tax
levied under the Illinois | ||||||||||||||||||||||||
18 | Local Library Act or to any other tax levied by a
| ||||||||||||||||||||||||
19 | municipality or township for public library purposes,
| ||||||||||||||||||||||||
20 | (b) a separate statement for each of the taxing | ||||||||||||||||||||||||
21 | districts of the dollar
amount of tax due which is | ||||||||||||||||||||||||
22 | allocable to a tax levied under the Illinois Pension
Code | ||||||||||||||||||||||||
23 | or to any other tax levied by a municipality or township |
| |||||||
| |||||||
1 | for public
pension or retirement purposes,
| ||||||
2 | (b-5) a list of each tax increment financing (TIF) | ||||||
3 | district in which the property is located and the | ||||||
4 | percentage of the taxpayer's total payment that is | ||||||
5 | deposited into a special tax allocation fund established in | ||||||
6 | connection with a TIF district,
| ||||||
7 | (c) the total tax rate,
| ||||||
8 | (d) the total amount of tax due, and
| ||||||
9 | (e) the amount by which the total tax and the tax | ||||||
10 | allocable to each taxing
district differs from the | ||||||
11 | taxpayer's last prior tax bill.
| ||||||
12 | The county treasurer shall ensure that only those taxing | ||||||
13 | districts in
which a parcel of property is located shall be | ||||||
14 | listed on the bill for that
property.
| ||||||
15 | In all counties the statement shall also provide:
| ||||||
16 | (1) the property index number or other suitable | ||||||
17 | description,
| ||||||
18 | (2) the assessment of the property,
| ||||||
19 | (3) the statutory amount of each homestead exemption | ||||||
20 | applied to the property, | ||||||
21 | (4) the assessed value of the property after | ||||||
22 | application of all homestead exemptions,
| ||||||
23 | (5) the equalization factors imposed by the county and | ||||||
24 | by the Department,
and
| ||||||
25 | (6) the equalized assessment resulting from the | ||||||
26 | application of the
equalization factors to the basic |
| |||||||
| |||||||
1 | assessment.
| ||||||
2 | In all counties which do not classify property for purposes | ||||||
3 | of taxation, for
property on which a single family residence is | ||||||
4 | situated the statement shall
also include a statement to | ||||||
5 | reflect the fair cash value determined for the
property. In all | ||||||
6 | counties which classify property for purposes of taxation in
| ||||||
7 | accordance with Section 4 of Article IX of the Illinois | ||||||
8 | Constitution, for
parcels of residential property in the lowest | ||||||
9 | assessment classification the
statement shall also include a | ||||||
10 | statement to reflect the fair cash value
determined for the | ||||||
11 | property.
| ||||||
12 | In all counties, the statement must include information | ||||||
13 | that certain
taxpayers may be eligible for tax exemptions, | ||||||
14 | abatements, and other assistance programs and that, for more | ||||||
15 | information, taxpayers should consult with the office of their | ||||||
16 | township or county assessor and with the Illinois Department of | ||||||
17 | Revenue.
| ||||||
18 | In all counties, the statement shall include information | ||||||
19 | that certain
taxpayers may be eligible for the Senior Citizens | ||||||
20 | and Disabled Persons Property
Tax Relief Act and that | ||||||
21 | applications are
available from the Illinois Department on | ||||||
22 | Aging.
| ||||||
23 | In counties which use the estimated or accelerated billing | ||||||
24 | methods, these
statements shall only be provided with the final | ||||||
25 | installment of taxes due. The
provisions of this Section create | ||||||
26 | a mandatory statutory duty. They are not
merely directory or |
| |||||||
| |||||||
1 | discretionary. The failure or neglect of the collector to
mail | ||||||
2 | the bill, or the failure of the taxpayer to receive the bill, | ||||||
3 | shall not
affect the validity of any tax, or the liability for | ||||||
4 | the payment of any tax.
| ||||||
5 | (Source: P.A. 97-689, eff. 6-14-12; 98-93, eff. 7-16-13.)
| ||||||
6 | Section 99. Effective date. This Act takes effect upon | ||||||
7 | becoming law.
|