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Public Act 91-0486
HB0521 Enrolled LRB9101985PTpk
AN ACT concerning property valuation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Property Tax Code is amended by changing
Sections 9-160, 9-165, and 9-180 as follows:
(35 ILCS 200/9-160)
Sec. 9-160. Valuation in years other than general
assessment years. On or before June 1 in each year other
than the general assessment year, in all counties with less
than 3,000,000 inhabitants, and as soon as he or she
reasonably can in counties with 3,000,000 or more
inhabitants, the assessor shall list and assess all property
which becomes taxable and which is not upon the general
assessment, and also make and return a list of all new or
added buildings, structures or other improvements of any
kind, the value of which had not been previously added to or
included in the valuation of the property on which such
improvements have been made, specifying the property on which
each of the improvements has been made, the kind of
improvement and the value which, in his or her opinion, has
been added to the property by the improvements. The
assessment shall also include or exclude, on a proportionate
basis in accordance with the provisions of Section 9-180, all
new or added buildings, structures or other improvements, the
value of which was not included in the valuation of the
property for that year, and all improvements which were
destroyed or removed. In case of the destruction or injury by
fire, flood, cyclone, storm or otherwise, or removal of any
structures of any kind, or of the destruction of or any
injury to orchard timber, ornamental trees or groves, the
value of which has been included in any former valuation of
the property, the assessor shall determine as near as
practicable how much the value of the property has been
diminished, and make return thereof.
Beginning January 1, 1996, the authority within a unit of
local government that is responsible for issuing building or
occupancy permits shall notify the chief county assessment
officer, by December 31 of the assessment year, when a full
or partial occupancy permit has been issued for a parcel of
real property. The chief county assessment officer shall
include in the assessment of the property for the current
year the proportionate value of new or added improvements on
that property from the date the occupancy permit was issued
or from the date the new or added improvement was inhabitable
and fit for occupancy or for intended customary use
substantially completed until December 31 of that year. If
the chief county assessment officer has already certified the
books for the year, the board of review or interim board of
review shall assess the new or added improvements on a
proportionate basis for the year in which the improvement was
substantially completed or the occupancy permit was issued or
the new or added improvement was inhabitable and fit for
occupancy or for intended customary use. The proportionate
value of the new or added improvements may be assessed by the
board of review or interim board of review as omitted
property pursuant to Sections 9-265, 9-270, 16-50 and 16-140
in a subsequent year on a proportionate basis for the year in
which the improvement was substantially completed or the
occupancy permit was issued or the new or added improvement
was inhabitable and fit for occupancy or for intended
customary use if it was not assessed in that year.
(Source: P.A. 88-455; 89-412, eff. 11-17-95.)
(35 ILCS 200/9-165)
Sec. 9-165. Definitions. As used in Sections 9-160 and
9-180 Section 9-170:
"Municipality" means a city, village or incorporated
town.;
"Governing body" means (a) the corporate authorities of a
municipality with respect to territory within its corporate
limits and (b) the county board with respect to territory in
the county not within the corporate limits of any
municipality.
"Certificate of Occupancy permit" means the certificate
or permit, by whatever name denominated, which a municipality
or county, under its authority to regulate the construction
of buildings, issues as evidence that all applicable
requirements have been complied with and requires before any
new, reconstructed or remodeled building may be lawfully
occupied.
(Source: P.A. 78-376; 88-455; revised 10-31-98.)
(35 ILCS 200/9-180)
Sec. 9-180. Pro-rata valuations; improvements or removal
of improvements. The owner of property on January 1 also
shall be liable, on a proportionate basis, for the increased
taxes occasioned by the construction of new or added
buildings, structures or other improvements on the property
from the date when the occupancy permit was issued or from
the date the new or added improvement was inhabitable and fit
for occupancy or for intended customary use substantially
completed or initially occupied or initially used, to
December 31 of that year. The owner of the improved property
shall notify the assessor, within 30 days of the issuance of
an occupancy permit or within 30 days of completion of the
improvements, on a form prescribed by that official, and
request that the property be reassessed. The notice shall be
sent by certified mail, return receipt requested and shall
include the legal description of the property.
When, during the previous calendar year, any buildings,
structures or other improvements on the property were
destroyed and rendered uninhabitable or otherwise unfit for
occupancy or for customary use by accidental means (excluding
destruction resulting from the willful misconduct of the
owner of such property), the owner of the property on January
1 shall be entitled, on a proportionate basis, to a
diminution of assessed valuation for such period during which
the improvements were uninhabitable or unfit for occupancy or
for customary use. The owner of property entitled to a
diminution of assessed valuation shall, on a form prescribed
by the assessor, within 90 days after the destruction of any
improvements or, in counties with less than 3,000,000
inhabitants within 90 days after the township or
multi-township assessor has mailed the application form as
required by Section 9-190, file with the assessor for the
decrease of assessed valuation. Upon failure so to do within
the 90 day period, no diminution of assessed valuation shall
be attributable to the property.
Computations under this Section shall be on the basis of
a year of 365 days.
(Source: P.A. 88-455; 89-412, eff. 11-17-95.)
Section 90. The State Mandates Act is amended by adding
Section 8.23 as follows:
(30 ILCS 805/8.23 new)
Sec. 8.23. Exempt mandate. Notwithstanding Sections 6
and 8 of this Act, no reimbursement by the State is required
for the implementation of any mandate created by this
amendatory Act of the 91st General Assembly.
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