Rep. Emily McAsey
Filed: 3/30/2009
 
 

 




 

 		












09600HB1546ham001

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AMENDMENT TO HOUSE BILL 1546 




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    AMENDMENT NO. ______. Amend House Bill 1546 by replacing 
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everything after the enacting clause with the following:

 
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    "Section 5. The Property Tax Code is amended  by changing 
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Sections 1-55 and 9-80 as follows:
 



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    (35 ILCS 200/1-55)


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    Sec. 1-55. 33 1/3%. Except as provided in Section 9-80, 
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one-third One-third of the fair cash value of property, as

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determined by the Department's sales ratio studies for the 3 
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most recent years
preceding the assessment year, adjusted to 
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take into account any changes in
assessment levels implemented 
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since the data for the studies were collected.

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(Source: P.A. 86-1481; 87-877; 88-455.)


 



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    (35 ILCS 200/9-80)



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    Sec. 9-80. Authority to revise assessments; Counties of 
 


 






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less than 3,000,000. 
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    (a) The chief county assessment officer in counties with 
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less than 3,000,000
inhabitants shall have the same authority 
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as the township or multi-township
assessor to assess and to 
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make changes or alterations in the assessment of
property, and 
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shall assess and make such changes or alterations in the

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assessment of property as though originally made. Changes by 
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the chief county
assessment officer in valuations shall be 
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noted in a column provided, and no
change shall be made in the 
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original assessor's figures.

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    When the chief county assessment officer or his or her 
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deputy views property
for the purposes of assessing the 
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property or determining whether a change or
alteration in the 
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assessment of the property is required, he or she shall give

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notice to the township assessor by U.S. Mail at least 5 days 
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but not more than
30 days prior to the viewing, so that the 
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assessor may arrange to be present at
the viewing.  He or she 
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shall also give notice to owners of the properties by
means of 
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notices in a paper of general circulation in the township.  The

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notices shall state the chief county assessment officer's 
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intention to view the
property but need not specify the date 
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and time of the viewing. When the chief
county assessment 
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officer or his or her deputy is present at the property to be

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viewed, immediately prior to the viewing, he or she shall make 
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a reasonable
effort to ascertain if the owner or his or her 
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representative, or the assessor,
are on the premises and to 
 


 






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inform them of his or her intention to view the
property.  
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Failure to provide notice to the township assessor and owner 
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shall
not of and by itself invalidate any change in an 
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assessment.  A viewing under
this Section and Section 9-155 
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means actual viewing of the visible property in
its entirety 
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from, on or at the site of the property.

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    (b)  On or before October 1, 2009, the county assessor of 
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Will County shall reassess all residential property in the 
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county at 33 1/3% of the fair cash value of the property, as 
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determined by the Department's sales ratio studies for the most 
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recent year preceding the assessment year.  For the purposes of 
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this subsection, "residential property" means a single-family 
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home, a condominium, a cooperative, an apartment, or a 
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mixed-use building of 6 or fewer units. 
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    (c) All changes and alterations in the assessment of 
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property shall be subject to
revision by the board of review in 
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the same manner that original assessments
are reviewed.

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(Source: P.A. 81-0838; 81-1055; 81-1509; 88-455.)".