97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB3478

 

Introduced 2/7/2012, by Sen. James F. Clayborne, Jr.

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/15-10

    Amends the Property Tax Code. Provides that, in order to maintain exempt status under the Code, the titleholder or owner of the beneficial interest of any property must file with the chief county assessment officer each year an affidavit stating whether there has been any change in the status of the owner or resident (now, the status of the owner-resident). Effective immediately.


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FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

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1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Property Tax Code is amended by changing
5Section 15-10 as follows:
 
6    (35 ILCS 200/15-10)
7    Sec. 15-10. Exempt property; procedures for certification.
8All property granted an exemption by the Department pursuant to
9the requirements of Section 15-5 and described in the Sections
10following Section 15-30 and preceding Section 16-5, to the
11extent therein limited, is exempt from taxation. In order to
12maintain that exempt status, the titleholder or the owner of
13the beneficial interest of any property that is exempt must
14file with the chief county assessment officer, on or before
15January 31 of each year (May 31 in the case of property
16exempted by Section 15-170), an affidavit stating whether there
17has been any change in the ownership or use of the property or
18the status of the owner or resident owner-resident, or that a
19disabled veteran who qualifies under Section 15-165 owned and
20used the property as of January 1 of that year. The nature of
21any change shall be stated in the affidavit. Failure to file an
22affidavit shall, in the discretion of the assessment officer,
23constitute cause to terminate the exemption of that property,

 

 

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1notwithstanding any other provision of this Code. Owners of 5
2or more such exempt parcels within a county may file a single
3annual affidavit in lieu of an affidavit for each parcel. The
4assessment officer, upon request, shall furnish an affidavit
5form to the owners, in which the owner may state whether there
6has been any change in the ownership or use of the property or
7status of the owner or resident as of January 1 of that year.
8The owner of 5 or more exempt parcels shall list all the
9properties giving the same information for each parcel as
10required of owners who file individual affidavits.
11    However, titleholders or owners of the beneficial interest
12in any property exempted under any of the following provisions
13are not required to submit an annual filing under this Section:
14        (1) Section 15-45 (burial grounds) in counties of less
15    than 3,000,000 inhabitants and owned by a not-for-profit
16    organization.
17        (2) Section 15-40.
18        (3) Section 15-50 (United States property).
19    If there is a change in use or ownership, however, notice
20must be filed pursuant to Section 15-20.
21    An application for homestead exemptions shall be filed as
22provided in Section 15-170 (senior citizens homestead
23exemption), Section 15-172 (senior citizens assessment freeze
24homestead exemption), and Sections 15-175 (general homestead
25exemption), 15-176 (general alternative homestead exemption),
26and 15-177 (long-time occupant homestead exemption),

 

 

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1respectively.
2(Source: P.A. 95-644, eff. 10-12-07.)
 
3    Section 99. Effective date. This Act takes effect upon
4becoming law.