Bill Text: IL HB5893 | 2013-2014 | 98th General Assembly | Chaptered
Bill Title: Amends the Property Tax Code. Provides that fire protection districts shall be notified of certain applications for exemption that would reduce the assessed valuation of any property by more than $100,000. Effective immediately.
Sponsorship: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2014-08-15 - Public Act . . . . . . . . . 98-0937 [HB5893 Detail]
Download: Illinois-2013-HB5893-Chaptered.html
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| Public Act 098-0937 | ||||
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AN ACT concerning revenue.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Property Tax Code is amended by changing | ||||
Section 16-130 as follows:
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(35 ILCS 200/16-130)
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Sec. 16-130.
Exemption procedures; board of appeals; board | ||||
of
review. Whenever the board of appeals
(until the first | ||||
Monday in December 1998 and the board of review
beginning the | ||||
first Monday in December 1998 and thereafter)
in any county | ||||
with 3,000,000 or more inhabitants determines that any
property | ||||
is or is not exempt from taxation, the decision of the board | ||||
shall not
be final, except as to homestead exemptions. Upon | ||||
filing of any application
for an exemption which would, if | ||||
approved, reduce the assessed valuation of any
property by more | ||||
than $100,000, other than a homestead exemption, the owner
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shall give timely notice of the application by mailing a copy | ||||
of it to any
municipality, fire protection district, school | ||||
district, and community college district in which such
property | ||||
is situated. Failure of a municipality, fire protection | ||||
district, school district, or community
college district to | ||||
receive the notice shall not invalidate any exemption. The
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board shall give the municipalities, fire protection | ||||
districts, school districts, and community college
districts | ||
and the taxpayer an opportunity to be heard. In all exemption | ||
cases
other than homestead exemptions, the secretary of the | ||
board shall
comply with the provisions of Section 5-15. The | ||
Department shall then determine
whether the property is or is | ||
not legally liable to taxation. It shall notify
the board of | ||
its decision and the board shall correct the assessment
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accordingly, if necessary. The decision of the Department is | ||
subject to review
under Sections 8-35 and 8-40. The extension | ||
of taxes on any assessment shall
not be delayed by any | ||
proceedings under this paragraph, and, in case the
property is | ||
determined to be exempt, any taxes extended upon the | ||
unauthorized
assessment shall be abated or, if already paid, | ||
shall be refunded.
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(Source: P.A. 88-455; 89-126, eff. 7-11-95; 89-671, eff. | ||
8-14-96.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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