|
| | 96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB6897 Introduced , by Rep. Tom Cross SYNOPSIS AS INTRODUCED:
|
| |
Amends the Property Tax Code. Provides that applications for open space valuation must be filed by June 30 (instead of January 31). Effective immediately.
|
| |
| | | FISCAL NOTE ACT MAY APPLY | | HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
|
|
| | HB6897 | | LRB096 23256 HLH 42606 b |
|
|
| 1 | | AN ACT concerning revenue.
|
| 2 | | Be it enacted by the People of the State of Illinois,
|
| 3 | | represented in the General Assembly:
|
| 4 | | Section 5. The Property Tax Code is amended by changing |
| 5 | | Section 10-160 as follows:
|
| 6 | | (35 ILCS 200/10-160)
|
| 7 | | Sec. 10-160. Open space; application process. For taxable |
| 8 | | years prior to 2010, the The person liable for taxes
on land |
| 9 | | used for open space purposes must file a verified application
|
| 10 | | requesting the additional open space valuation with the chief |
| 11 | | county assessment
officer by January 31 of each year for which |
| 12 | | that valuation is desired. For taxable year 2010 and |
| 13 | | thereafter, the person liable for taxes
on land used for open |
| 14 | | space purposes must file a verified application
requesting the |
| 15 | | additional open space valuation with the chief county |
| 16 | | assessment
officer by June 30 of each year for which that |
| 17 | | valuation is desired. If the
application is not filed by |
| 18 | | January 31 (for taxable years prior to 2010) or June 30 (for |
| 19 | | taxable year 2010 and thereafter), the taxpayer waives the |
| 20 | | right to claim
that additional valuation for that year. The |
| 21 | | application shall be in the form
prescribed by the Department |
| 22 | | and contain information as may reasonably be
required to |
| 23 | | determine whether the applicant meets the requirements of |