101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB3280
 
Introduced , by Rep. Michael P. McAuliffe
 
SYNOPSIS AS INTRODUCED:
 

 
35 ILCS 200/15-183 new

     Amends the Property Tax Code. Provides for a $10,000 reduction in the equalized assessed value of property located (i) within the 65 DNL Build-out Contour for O'Hare International Airport or (ii) within an alternative 65 CNEL Build-out Contour  for O'Hare International Airport. Effective immediately.
  


LRB101 08154 HLH 53220 b

FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB3280LRB101 08154 HLH 53220 b


  
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 adding 
5Section 15-183 as follows:
 
6    (35 ILCS 200/15-183 new)
7    Sec. 15-183. Aircraft noise mitigation homestead 
8reduction. 
9    (a) Beginning in taxable year 2019, homestead property that 
10that is located  at an eligible address is entitled to a 
11reduction in the property's equalized assessed value in the 
12amount of $10,000 per year. It is the intent of the General 
13Assembly that homeowners who have been affected by aircraft 
14noise should receive compensation for the cost of soundproofing 
15their property.
16    (b) To receive the exemption, a person must submit an 
17annual application to the chief county assessment officer 
18during the period specified by the chief county assessment 
19officer.  The chief county assessment officer may determine the 
20eligibility of residential property to receive the homestead 
21exemption and the amount of the exemption by application, 
22visual inspection, questionnaire or other reasonable methods. 
23    (c) For the purposes of this Section:
 
 
HB3280- 2 -LRB101 08154 HLH 53220 b

1        "Eligible address" means  any address located (i) 
2    within the 65 DNL Build-out Contour for O'Hare 
3    International Airport, as defined by rules adopted by the 
4    Federal Aviation Administration or (ii) within an 
5    alternative 65 CNEL Build-out Contour  for O'Hare 
6    International Airport, with CNEL units as defined in 
7    subsection (a-3) of Section 5 of the Permanent Noise 
8    Monitoring Act. 
9        "Homestead property" has the meaning given to that term 
10    in Section 15-175. 
 
 
11    Section 99. Effective date. This Act takes effect upon 
12becoming law.