97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB5597

 

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

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/15-10

    Amends the Property Tax Code. Makes a technical change in a Section concerning exempt property.


LRB097 19014 HLH 64253 b

 

 

A BILL FOR

 

HB5597LRB097 19014 HLH 64253 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 15-10 as follows:
 
6    (35 ILCS 200/15-10)
7    Sec. 15-10. Exempt property; procedures for certification.
8All property granted an exemption by the the Department
9pursuant to the requirements of Section 15-5 and described in
10the Sections following Section 15-30 and preceding Section
1116-5, to the extent therein limited, is exempt from taxation.
12In order to maintain that exempt status, the titleholder or the
13owner of the beneficial interest of any property that is exempt
14must file with the chief county assessment officer, on or
15before January 31 of each year (May 31 in the case of property
16exempted by Section 15-170), an affidavit stating whether there
17has been any change in the ownership or use of the property or
18the status of the owner-resident, or that a disabled veteran
19who qualifies under Section 15-165 owned and used the property
20as of January 1 of that year. The nature of any change shall be
21stated in the affidavit. Failure to file an affidavit shall, in
22the discretion of the assessment officer, constitute cause to
23terminate the exemption of that property, notwithstanding any

 

 

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1other provision of this Code. Owners of 5 or more such exempt
2parcels within a county may file a single annual affidavit in
3lieu of an affidavit for each parcel. The assessment officer,
4upon request, shall furnish an affidavit form to the owners, in
5which the owner may state whether there has been any change in
6the ownership or use of the property or status of the owner or
7resident as of January 1 of that year. The owner of 5 or more
8exempt parcels shall list all the properties giving the same
9information for each parcel as required of owners who file
10individual affidavits.
11    However, titleholders or owners of the beneficial interest
12in any property exempted under any of the following provisions
13are not required to submit an annual filing under this Section:
14        (1) Section 15-45 (burial grounds) in counties of less
15    than 3,000,000 inhabitants and owned by a not-for-profit
16    organization.
17        (2) Section 15-40.
18        (3) Section 15-50 (United States property).
19    If there is a change in use or ownership, however, notice
20must be filed pursuant to Section 15-20.
21    An application for homestead exemptions shall be filed as
22provided in Section 15-170 (senior citizens homestead
23exemption), Section 15-172 (senior citizens assessment freeze
24homestead exemption), and Sections 15-175 (general homestead
25exemption), 15-176 (general alternative homestead exemption),
26and 15-177 (long-time occupant homestead exemption),

 

 

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1respectively.
2(Source: P.A. 95-644, eff. 10-12-07.)