Bill Text: IL SB3036 | 2013-2014 | 98th General Assembly | Chaptered
Bill Title: Amends the Property Tax Code. Provides that the collector's books may be created, transmitted, and stored in an electronic format. Effective immediately.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Passed) 2014-08-01 - Public Act . . . . . . . . . 98-0840 [SB3036 Detail]
Download: Illinois-2013-SB3036-Chaptered.html
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| Public Act 098-0840 | ||||
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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 18-35 as follows:
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(35 ILCS 200/18-35)
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Sec. 18-35. Collector's books; columns. Each county clerk | ||||
shall prepare the
collector's books with 4 columns for the | ||||
value of each property, the first to
show the assessed value by | ||||
the chief county assessment officer, the second to
show the | ||||
value as corrected by the board of review or board of appeals, | ||||
the
third to show the value as equalized by the board of review | ||||
under Sections
16-60 and 16-65, and the fourth to show the | ||||
value as equalized or assessed by
the Department. Such books | ||||
may be created, transmitted, and stored in an electronic | ||||
format. If a municipality has adopted tax increment allocation
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financing under Division 74.4 of Article 11 of the Illinois | ||||
Municipal Code,
the county clerk, or clerks if a municipality | ||||
is located in more than one
county, shall provide additional | ||||
columns for the initial equalized assessed
value, for the | ||||
extension of the taxes and other purposes, and for the amount | ||||
of
the tax to be deposited in the special tax allocation fund. | ||||
The books also
shall contain a column to insert opposite each | ||||
parcel of property any tax sale
or forfeiture for taxes or | ||
special assessments for the 2 preceding years not
canceled or | ||
withdrawn from collection at any tax sale. Tax sales shall be
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designated by the word "sold", forfeited, withdrawn or other | ||
appropriate
designation to be stamped in the proper column | ||
opposite the property listing
not released prior to December | ||
1st of each year. Each county collector shall
stamp upon all | ||
receipts given for taxes the information in those columns, to | ||
be
known as the tax sale column and the delinquent special | ||
assessment column. The
county clerk shall collect the same fee | ||
for stamping forfeitures, as for tax
sales and withdrawals.
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(Source: P.A. 79-1525; 88-455.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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