Illinois General Assembly - Full Text of HB4245
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Full Text of HB4245  101st General Assembly




State of Illinois
2019 and 2020


Introduced 1/27/2020, by Rep. Debbie Meyers-Martin


320 ILCS 30/9 new

    Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that, from January 4, 2021 through March 1, 2021, taxpayers may apply for a loan up to the amount of $15,000 to pay all or a part of real estate taxes payable and due from preceding years. Effective immediately.

LRB101 17417 HLH 66825 b






HB4245LRB101 17417 HLH 66825 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 Senior Citizens Real Estate Tax Deferral Act
5is amended by adding Section 9 as follows:
6    (320 ILCS 30/9 new)
7    Sec. 9. Taxpayer loans.
8    (a) From January 4, 2021 through March 1, 2021, subject to
9appropriation, a taxpayer may apply for a loan up to the amount
10of $15,000 to pay all or a part of real estate taxes payable
11and due from preceding years, including any interest and fees
12due. The terms of any such loan, including, but not limited to,
13provisions regarding interest, liens, and repayment, shall be
14identical to the terms required for deferral of real estate
15taxes under this Act. Eligibility for a loan under this Section
16shall be identical the eligibility requirements under Section
173, except that:
18        (1) qualifying property may be subject to a lien for
19    unpaid real estate taxes when an application under this
20    Section is filed; and
21        (2) the application for a loan under this Section must
22    certify that the taxpayer has owned and occupied as his
23    residence, such property, or other qualifying property in



HB4245- 2 -LRB101 17417 HLH 66825 b

1    the State for at least the last 10 years immediately
2    preceding the date of the application, except for any
3    periods during which the taxpayer may have temporarily
4    resided in a nursing or sheltered care home.
5    (b) Approval for any loan under this Section is subject to
6approval by the Department to ensure that sufficient funds have
7been appropriated. During the period from January 4, 2021
8through March 1, 2021, at least on a weekly basis, the
9Department shall report to county collectors the total number
10loan applications received and the total number of loan dollars
11requested. If the Department determines that the total of all
12loan dollars requested under this Section are equal to or
13greater than 90% or more of the total appropriated for such
14loans, the Department shall inform county collectors that no
15more loan applications shall be submitted or accepted.
16Notwithstanding any provision of this Section to the contrary,
17county collectors and the Department may reject any loan
18application due to insufficient appropriations, based on rules
19adopted by the Department in consultation with county
21    Section 99. Effective date. This Act takes effect upon
22becoming law.