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Sen. Michael Connelly
Filed: 4/7/2017
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1 | | AMENDMENT TO SENATE BILL 1073
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2 | | AMENDMENT NO. ______. Amend Senate Bill 1073 by replacing |
3 | | everything after the enacting clause with the following:
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4 | | "Section 5. The Property Tax Code is amended by adding |
5 | | Section 10-26 as follows: |
6 | | (35 ILCS 200/10-26 new) |
7 | | Sec. 10-26. Adapted housing for adults with disabilities or |
8 | | other special needs. |
9 | | (a) Beginning with the 2018 levy year, improvements to |
10 | | residential real property that are designed to provide living |
11 | | quarters for a person with a disability or special needs shall |
12 | | not increase the assessed valuation of the property during any |
13 | | taxable year in which the person uses the property as his or |
14 | | her primary residence. The valuation under this Section applies |
15 | | regardless or whether or not the person with a disability or |
16 | | special needs has an ownership interest in the property or is |