Bill Text: IL HR0527 | 2017-2018 | 100th General Assembly | Introduced
Bill Title: Instructs the House of Representatives Revenue & Finance Committee to conduct an investigation into ways to improve property tax assessment practices across the State.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Passed) 2017-11-08 - Resolution Adopted 109-000-000 [HR0527 Detail]
Download: Illinois-2017-HR0527-Introduced.html
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1 | HOUSE RESOLUTION
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2 | WHEREAS, Because an investigation into assessment | ||||||
3 | procedures may uncover ways to improve property tax assessment | ||||||
4 | practices across the State; therefore, be it
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5 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE | ||||||
6 | HUNDREDTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that the | ||||||
7 | House Revenue & Finance Committee shall:
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8 | (1) conduct a comprehensive review of state laws | ||||||
9 | relating to
assessment of real property including the | ||||||
10 | appeal of
assessments at the local and State level;
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11 | (2) conduct a comprehensive review of statewide | ||||||
12 | assessment
systems and their impact on equity;
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13 | (3) identify opportunities to consolidate, streamline,
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14 | eliminate, or create new assessment jurisdictions;
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15 | (4) review current exemptions
available, the impact of | ||||||
16 | these exemptions, and the
administration or application of | ||||||
17 | these exemptions;
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18 | (5) review the impact of TIFs on assessed values and | ||||||
19 | local
property taxes;
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1 | (6) analyze preferential assessments including farm | ||||||
2 | valuation,
open space, and developer relief; and
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3 | (7) Consider the use of technology in the data | ||||||
4 | collection,
online review, CAMA analysis, and electronic | ||||||
5 | appeal filing and make
recommendations for improved | ||||||
6 | accountability and
efficiency; and be it further
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7 | RESOLVED, That the purpose of the review shall be to study | ||||||
8 | issues of assessment equity and fairness, and make
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9 | recommendations that will ensure accountable and efficient
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10 | delivery of uniform and transparent property valuations for
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11 | property tax purposes.
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