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Rep. Dave Winters
Filed: 3/18/2010
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09600HB5603ham001 |
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LRB096 17895 HLH 39198 a |
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| AMENDMENT TO HOUSE BILL 5603
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| AMENDMENT NO. ______. Amend House Bill 5603 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 adding |
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| Section 20-27 as follows: |
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| (35 ILCS 200/20-27 new) |
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| Sec. 20-27. Reimbursement of tax proceeds for annexed |
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| property. Notwithstanding any other provision of law, |
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| beginning in taxable year 2010, if property is annexed to a |
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| municipality under Section 7-1-13 of the Illinois Municipal |
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| Code at any time during the taxable year, any taxpayer who is |
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| liable for paying property taxes on the property during the |
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| taxable year may apply to the municipality for a refund of the |
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| amount of property taxes (i) paid by the taxpayer, (ii) |
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| distributed to the municipality, and (ii) attributable to the |
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| annexed property for the portion of the taxable year during |