Sen. Jeffrey M. Schoenberg
Filed: 3/15/2010
 
 

 




 

 		












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AMENDMENT TO SENATE BILL 3401 




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    AMENDMENT NO. ______. Amend Senate Bill 3401 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 9-260 as follows:
 



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    (35 ILCS 200/9-260)



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    Sec. 9-260. 
Assessment of omitted property; counties of 
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3,000,000 or
more.

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    (a) After signing the affidavit, the county assessor
shall 
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have power, when directed by the board of
appeals
(until the 
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first Monday in December 1998 and the board of review
beginning

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the first Monday in December 1998 and thereafter), or on his or 
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her own
initiative, to assess properties which
may have been 
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omitted from assessments
for the current year or during any 
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year or years for which the property was
liable to be taxed, 
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and for which the tax has not been paid, but only on notice
and 
 


 






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an opportunity to be heard in the manner and form required by 
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law, and
shall enter the assessments upon the assessment books. 
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Any time period for the review of omitted assessments included 
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in the notice shall be consistent with the time period 
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established by the assessor in accordance with subsection (a) 
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of Section 12-55.  No charge for tax of
previous years shall be 
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made against any property if (a) the property was last
assessed 
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as unimproved, (b) the owner of such property gave notice of

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subsequent improvements and requested a reassessment as 
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required by Section
9-180, and (c) reassessment of the property 
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was not made within the 16 month
period immediately following 
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the receipt of that notice.

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    (b) Any taxes based on the omitted assessment of a property 
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pursuant to
Sections
9-260 through 9-270 shall be prepared and 
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mailed at the same time as the
estimated first
installment 
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property tax bill for the preceding year (as described in

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Section 21-30)
is prepared and mailed. The omitted assessment 
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tax bill
is not due
until the date on which the second 
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installment property tax bill for the
preceding
year becomes 
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due. The omitted assessment tax bill shall be deemed
delinquent

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and shall bear interest beginning on the day after the due date 
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of the second
installment
(as described in Section 21-25). Any 
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taxes for omitted assessments deemed
delinquent
after the due 
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date of the second installment tax bill shall bear
interest at 
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the rate of
1.5% per month or portion thereof until paid or 
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forfeited (as described in
Section 21-25).

 


 






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    (c) The
assessor shall have no power to change the 
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assessment or alter the
assessment books in any other manner or 
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for any other purpose so as to
change or affect the taxes in 
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that year, except as ordered by the board of
appeals (until the 
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first Monday in December 1998 and the board of review
beginning 
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the first Monday in December 1998 and thereafter).  The county

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assessor shall make
all changes and corrections ordered by the 
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board of appeals
(until the first Monday in December 1998 and 
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the board of review
beginning
the first Monday in December 1998 
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and thereafter).
The county assessor may for the purpose
of 
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revision by the board of appeals
(until the first Monday in 
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December 1998 and the board of review
beginning
the first 
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Monday in December 1998 and thereafter)
certify the assessment 
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books
for any town or taxing district after or when such books 
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are completed.

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(Source: P.A. 93-560, eff. 8-20-03.)

 
 
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    Section 99. Effective date. This Act takes effect January 
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1, 2011".