State of Illinois
2011 and 2012


Introduced 2/15/2012, by Rep. Robert Rita


35 ILCS 200/15-25

    Amends the Property Tax Code. Makes a technical change in a Section concerning removal of exemptions.

LRB097 19015 HLH 64254 b





HB5596LRB097 19015 HLH 64254 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 15-25 as follows:
6    (35 ILCS 200/15-25)
7    Sec. 15-25. Removal of exemptions. If the the Department
8determines that any property has been unlawfully exempted from
9taxation, or is no longer entitled to exemption, the Department
10shall, before January 1 of any year, direct the chief county
11assessment officer to assess the property and return it to the
12assessment rolls for the next assessment year. The Department
13shall give notice of its decision to the owner of the property
14by certified mail. The decision shall be subject to review and
15hearing under Section 8-35, upon application by the owner filed
16within 60 days after the notice of decision is mailed. However,
17the extension of taxes on the assessment shall not be delayed
18by any proceedings under this Section. If the property is
19determined to be exempt, any taxes extended upon the assessment
20shall be abated or, if already paid, be refunded.
21(Source: P.A. 95-331, eff. 8-21-07.)