96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB6898
 
Introduced , by Rep. Greg Harris
 
SYNOPSIS AS INTRODUCED:
 

 
  
35 ILCS 200/14-25

     Amends the Property Tax Code.  Provides that, in Cook County, certificates of error that are issued to grant senior citizens homestead exemptions, senior citizens assessment freeze homestead exemptions, or general homestead exemptions may not be issued for more than the 10 assessment years (instead of 3 assessment years) immediately preceding the assessment year for which the exemption was approved.  Effective immediately.
  


LRB096 23386 HLH 42750 b

FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB6898LRB096 23386 HLH 42750 b


  
1    AN ACT concerning revenue.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Property Tax Code is amended  by changing 
5Section 14-25 as follows:
 



6    (35 ILCS 200/14-25)



7    Sec. 14-25. Certificate of error; tax exempt property. If 
8an exemption is
approved by the Department or by a final court 
9decision in proceedings to
review an exemption decision of the 
10Department under the Administrative Review
Law then a 
11certificate of error shall be issued under Section 14-15 or

1214-20
if one of the following is met:

13    (a) If the property became eligible for the exemption at an

14earlier time, a
certificate of error shall be issued
for
the 
15period of eligibility, but in no event, except as otherwise 
16provided in
this subsection (a), for more than the 3 assessment 
17years
immediately preceding the assessment year for which the 
18exemption was
approved. A certificate of error
shall be issued 
19for the period of eligibility, but in no
event for more than 
20(i) the 5 assessment years immediately preceding the assessment

21year for which the exemption was approved, if the municipality 
22requests the
certificate of error before January 1, 1995 or 
23(ii) the 10 assessment years immediately preceding the 
 
 
HB6898- 2 -LRB096 23386 HLH 42750 b

1assessment year for which the exemption was approved if the 
2property is located in Cook County and the certificate of error 
3is issued to grant a homestead exemption under Section 15-170, 
415-172, or 15-175. 

5    (b) If the property is subsequently erroneously assessed as 
6non-exempt,
that
error shall be remedied by the issuance of a 
7certificate of error.

8    (c) If the owner failed to file an application for 
9exemption, or a
certificate
of status under Section 15-10, for 
10an assessment year following the assessment
year for which the 
11exemption was approved and the property remains eligible for

12exemption for the following year.

13(Source: P.A. 88-455; 88-660, eff. 9-16-94.)

 
 
14    Section 99. Effective date. This Act takes effect upon 
15becoming law.