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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010 HB0668
Introduced 02/06/09___________, by SYNOPSIS AS INTRODUCED: |
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Amends the Property Tax Code. Provides that, in counties with 3,000,000 or more inhabitants, property owners must notify affected fire protection districts upon the filing of any application for a non-homestead exemption that would reduce the assessed valuation of any property by more than $100,000 and provides that the districts must be given the opportunity to be heard on the matter. Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
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A BILL FOR
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HB0668 |
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LRB096 04288 RLJ 14334 b |
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| AN ACT concerning revenue.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Property Tax Code is amended by changing |
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| Section 16-130 as follows:
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| (35 ILCS 200/16-130)
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| Sec. 16-130. Exemption procedures; board of appeals; board |
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| of
review. Whenever the board of appeals
(until the first |
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| Monday in December 1998 and the board of review
beginning the |
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| first Monday in December 1998 and thereafter)
in any county |
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| with 3,000,000 or more inhabitants determines that any
property |
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| is or is not exempt from taxation, the decision of the board |
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| shall not
be final, except as to homestead exemptions. Upon |
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| filing of any application
for an exemption which would, if |
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| approved, reduce the assessed valuation of any
property by more |
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| than $100,000, other than a homestead exemption, the owner
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| shall give timely notice of the application by mailing a copy |
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| of it to any
municipality, school district, and community |
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| college district, and fire protection district in which such
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| property is situated. Failure of a municipality, school |
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| district, or community
college district, or fire protection |
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| district to receive the notice shall not invalidate any |
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| exemption. The
board shall give the municipalities, school |