Bill Text: IL HB2914 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Property Tax Code. Provides that the tax bill shall include a statement of the percentage of the taxpayer's total tax bill that is attributable to a ballot initiative or referendum. Effective immediately.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Failed) 2025-01-07 - Session Sine Die [HB2914 Detail]
Download: Illinois-2023-HB2914-Introduced.html
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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Property Tax Code is amended by changing | |||||||||||||||||||
5 | Section 20-15 as follows:
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6 | (35 ILCS 200/20-15)
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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:
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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
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19 | municipality or township for public library purposes,
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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 |
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1 | for public
pension or retirement purposes,
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2 | (b-5) a list of each tax increment financing (TIF) | ||||||
3 | district in which the property is located and the dollar | ||||||
4 | amount of tax due that is allocable to the TIF district, | ||||||
5 | (c) the total tax rate,
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6 | (d) the total amount of tax due, and
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7 | (e) the amount by which the total tax and the tax | ||||||
8 | allocable to each taxing
district differs from the | ||||||
9 | taxpayer's last prior tax bill ; and .
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10 | (f) the percentage of the taxpayer's total tax bill | ||||||
11 | that is attributable to a ballot initiative or referendum. | ||||||
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.
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15 | In all counties the statement shall also provide:
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16 | (1) the property index number or other suitable | ||||||
17 | description,
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18 | (2) the assessment of the property,
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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
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25 | (6) the equalized assessment resulting from the | ||||||
26 | application of the
equalization factors to the basic |
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1 | assessment.
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2 | In all counties which do not classify property for | ||||||
3 | purposes of taxation, for
property on which a single family | ||||||
4 | residence is situated the statement shall
also include a | ||||||
5 | statement to reflect the fair cash value determined for the
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6 | property. In all counties which classify property for purposes | ||||||
7 | of taxation in
accordance with Section 4 of Article IX of the | ||||||
8 | Illinois Constitution, for
parcels of residential property in | ||||||
9 | the lowest assessment classification the
statement shall also | ||||||
10 | include a statement to reflect the fair cash value
determined | ||||||
11 | for the property.
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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 | ||||||
17 | of Revenue.
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18 | In counties which use the estimated or accelerated billing | ||||||
19 | methods, these
statements shall only be provided with the | ||||||
20 | final installment of taxes due. The
provisions of this Section | ||||||
21 | create a mandatory statutory duty. They are not
merely | ||||||
22 | directory or discretionary. The failure or neglect of the | ||||||
23 | collector to
mail the bill, or the failure of the taxpayer to | ||||||
24 | receive the bill, shall not
affect the validity of any tax, or | ||||||
25 | the liability for the payment of any tax.
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26 | (Source: P.A. 100-621, eff. 7-20-18; 101-134, eff. 7-26-19.)
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1 | Section 99. Effective date. This Act takes effect upon | ||||||
2 | becoming law.
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