Bill Text: IL HJRCA0033 | 2021-2022 | 102nd General Assembly | Introduced
Bill Title: Proposes to amend the Revenue Article of the Illinois Constitution. Provides that the aggregate real property tax rate imposed on a particular property by a county or other taxing district shall not exceed 1.5% of the fair market value of that property unless the voters of the taxing district approve an increase above the 1.5% rate by three-fifths of the registered voters in the taxing district. Effective upon being declared adopted.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2021-07-18 - Rule 19(b) / Re-referred to Rules Committee [HJRCA0033 Detail]
Download: Illinois-2021-HJRCA0033-Introduced.html
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1 | HOUSE JOINT RESOLUTION
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2 | CONSTITUTIONAL AMENDMENT
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3 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE | |||||||||||||||||||
4 | HUNDRED SECOND GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE | |||||||||||||||||||
5 | SENATE CONCURRING HEREIN, that there shall be submitted to the | |||||||||||||||||||
6 | electors of the State for adoption or rejection at the general | |||||||||||||||||||
7 | election next occurring at least 6 months after the adoption | |||||||||||||||||||
8 | of this resolution a proposition to amend Section 4 of Article | |||||||||||||||||||
9 | of IX of the Illinois Constitution as follows:
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10 | ARTICLE IX
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11 | REVENUE
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12 | (ILCON Art. IX, Sec. 4)
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13 | SECTION 4. REAL PROPERTY TAXATION
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14 | (a) Except as otherwise provided in this Section, taxes | |||||||||||||||||||
15 | upon real
property shall be levied uniformly by valuation | |||||||||||||||||||
16 | ascertained as the
General Assembly shall provide by law.
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17 | (b) Subject to such limitations as the General Assembly | |||||||||||||||||||
18 | may
hereafter prescribe by law, counties with a population of | |||||||||||||||||||
19 | more than
200,000 may classify or continue to classify real | |||||||||||||||||||
20 | property for
purposes of taxation. Any such classification | |||||||||||||||||||
21 | shall be reasonable and
assessments shall be uniform within | |||||||||||||||||||
22 | each class. The level of assessment
or rate of tax of the | |||||||||||||||||||
23 | highest class in a county shall not exceed two and
one-half |
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1 | times the level of assessment or rate of tax of the lowest
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2 | class in that county. Real property used in farming in a county | ||||||
3 | shall
not be assessed at a higher level of assessment than | ||||||
4 | single family
residential real property in that county.
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5 | (c) Any depreciation in the value of real estate | ||||||
6 | occasioned by a
public easement may be deducted in assessing | ||||||
7 | such property.
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8 | (d) The aggregate real property tax rate imposed on a | ||||||
9 | particular property by a county or other taxing district shall | ||||||
10 | not exceed 1.5% of the fair market value of that property | ||||||
11 | unless the voters of the taxing district approve an increase | ||||||
12 | above the one and one half percent rate by three-fifths of the | ||||||
13 | registered voters in the taxing district. | ||||||
14 | (Source: Illinois Constitution.)
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15 | SCHEDULE
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16 | This Constitutional Amendment takes effect upon being | ||||||
17 | declared adopted in accordance with Section 7 of the Illinois | ||||||
18 | Constitutional Amendment Act.
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