SB3043 104TH GENERAL ASSEMBLY

LRB104 18912 HLH 32357 b

104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB3043

Introduced 1/28/2026, by Sen. Rachel Ventura

SYNOPSIS AS INTRODUCED:

20 ILCS 2505/2505-817 new

Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department of Revenue shall conduct a study to evaluate the assessment of real property in Will County and shall analyze any information collected in connection with that study. Effective immediately.

A BILL FOR

AN ACT concerning State government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Department of Revenue Law of the Civil Administrative Code of Illinois is amended by adding Section 2505-817 as follows:

(20 ILCS 2505/2505-817 new)

Sec. 2505-817. Independent study of the uniformity of assessment of real property in Will County.

(a) The Department of Revenue shall conduct a study to evaluate the assessment of real property in Will County and shall analyze any information collected in connection with that study.

(b) The study shall include, but need not be limited to, the following:

(1) a comprehensive review of the assessment of real property in Will County, including an analysis of the uniformity of assessment of that real property; the review shall include, but need not be limited to, the administration and application of preferential assessments, exemptions, or other incentives throughout all parts of Will County;

(2) a comprehensive review of Will County's assessment practices and procedures for the valuation of real property and how those practices and procedures compare to practices and procedures used by other counties and statewide;

(3) a comprehensive review of preferential assessments, exemptions, or other incentives that reduce the assessed valuation of real property in Will County, including the administration and application of those preferential assessments, exemptions, or other incentives, whether those preferential assessments, exemptions, or other incentives are provided for uniformly and granted consistently throughout all parts of Will County, and the resultant economic impact, if any, from a lack of uniformity and consistency in the administration or application of preferential assessments, exemptions, or other incentives; and

(4) a comprehensive review of State laws, ethics, and best practices concerning the appeal of an assessment of real property in Will County, including, but not limited to, the appointment and removal of members to the local Board of Review, current conflict of interest procedures for Board members, the duration of an appointment to the Board of Review, the validity of a determination by the Board of Review after a member's term has expired, and how Will County's current practices and procedures compare to any professionally recommended best practices and procedures, as well as the practices and procedures used by other counties and statewide.

(c) The Department may also examine whether Will County's existing property tax assessment, valuation, and appeal process is reasonable and fair and may issue recommendations to improve that process.

(d) The Department may consult with units of local government and Illinois institutions of higher education in conducting this study.

(e) To the extent practicable and where applicable, the Department may request relevant, publicly available property tax information from units of local government, including counties and municipalities, that is deemed necessary to complete the study required under this Section. Units of local government that are required to submit property tax information to the Department must do so in a reasonably expedient manner, to the extent possible, but in no event later than 60 days after the date upon which the Department requests that relevant information.

(f) For the purposes of conducting the study and analyzing the data required under this Section, the Department may determine the scope of the historical data necessary to complete the study, but in no event shall the scope or time period be less than the 10 most recent tax years for which the Department has complete data.

(g) The Department may complete a preliminary report that may be made available for public inspection via electronic means prior to the publication of the final report under this Section. The Department shall complete and submit the final report under this Section to the Governor and the General Assembly by December 31, 2027. A copy of both the preliminary report, if made available by the Department, and the final report shall be made available to the public via electronic means.

(h) Prior to finalizing the report under this Section or after publication of the final report under this Section, the Department may allow for the submission of public comments from individuals, organizations, or associations representing residential property owners, commercial property owners, or units of local government in Illinois. If the Department allows for the submission of public comments, the Department shall publish via electronic means any and all materials submitted to the Department.

(i) This Section is repealed on January 1, 2029.

Section 99. Effective date. This Act takes effect upon becoming law.