Bill Text: IL SB0609 | 2017-2018 | 100th General Assembly | Chaptered
Bill Title: Amends the Property Tax Code. Provides that, if an appeal concerning the assessed valuation of property has been pending before the Property Tax Appeal Board for 2 or more years prior to January 1 of the current assessment year and is still pending as of June 1 of the current assessment year, then the assessed valuation of the property shall be the lesser of: (1) the highest equalized assessed valuation for that property for any assessment year at issue before the Property Tax Appeal Board; or (2) the assessed valuation for that property for the current assessment year as calculated under the Code. Provides that the appellant must meet certain other requirements for that alternate valuation. Effective immediately.
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Passed) 2017-08-18 - Public Act . . . . . . . . . 100-0216 [SB0609 Detail]
Download: Illinois-2017-SB0609-Chaptered.html
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Public Act 100-0216 | ||||
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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 16-185 as follows:
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(35 ILCS 200/16-185)
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Sec. 16-185. Decisions. The Board shall make a decision in | ||||
each appeal or
case appealed to it, and the decision shall be | ||||
based upon equity and the weight
of evidence and not upon | ||||
constructive fraud, and shall be binding upon
appellant and | ||||
officials of government. The extension of taxes on any
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assessment so appealed shall not be delayed by any proceeding | ||||
before the Board,
and, in case the assessment is altered by the | ||||
Board, any taxes extended upon
the unauthorized assessment or | ||||
part thereof shall be abated, or, if already
paid, shall be | ||||
refunded with interest as provided in Section 23-20.
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The decision or order of the Property Tax Appeal Board in | ||||
any such
appeal, shall, within 10 days thereafter, be certified | ||||
at no charge to
the appellant and to the proper authorities, | ||||
including the board of
review or board of appeals whose | ||||
decision was appealed, the county clerk
who extends taxes
upon | ||||
the assessment in question, and the county collector who | ||||
collects
property taxes upon such assessment. |
The final administrative decision of the Property Tax | ||
Appeal Board shall be deemed served on a party when a copy of | ||
the decision is: (1) deposited in the United States Mail, in a | ||
sealed package, with postage prepaid, addressed to that party | ||
at the address listed for that party in the pleadings; except | ||
that, if the party is represented by an attorney, the notice | ||
shall go to the attorney at the address listed in the | ||
pleadings; or (2) sent electronically to the party at the | ||
e-mail addresses provided for that party in the pleadings. The | ||
Property Tax Appeal Board shall allow each party to designate | ||
one or more individuals to receive electronic correspondence on | ||
behalf of that party and shall allow each party to change, add, | ||
or remove designees selected by that party during the course of | ||
the proceedings. Decisions and all electronic correspondence | ||
shall be directed to each individual so designated.
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If the Property Tax Appeal Board renders a decision | ||
lowering the
assessment of a particular parcel after the | ||
deadline for filing complaints
with the board of review or | ||
board of appeals or after adjournment of the
session of
the | ||
board of review or board of appeals at which assessments for | ||
the
subsequent year or years of the same general assessment | ||
period, as provided in Sections 9-215 through 9-225, are
being | ||
considered, the taxpayer may, within 30 days after the date of
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written notice of the Property Tax Appeal Board's decision, | ||
appeal the
assessment for such the subsequent year or years | ||
directly to the Property Tax
Appeal Board.
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If the Property Tax Appeal Board renders a decision | ||
lowering the
assessment of a particular parcel on which a | ||
residence
occupied by the
owner is situated, such reduced | ||
assessment, subject to equalization, shall
remain in effect for | ||
the remainder of the general assessment period as provided
in | ||
Sections 9-215 through 9-225, unless that parcel is | ||
subsequently sold in
an arm's length transaction establishing a | ||
fair cash value for the parcel that
is different from the fair | ||
cash value on which the Board's assessment is
based, or unless | ||
the decision of the Property Tax Appeal Board is reversed
or | ||
modified upon review.
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(Source: P.A. 99-626, eff. 7-22-16.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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