Illinois General Assembly - Full Text of SB3895
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Full Text of SB3895  102nd General Assembly

SB3895enr 102ND GENERAL ASSEMBLY

  
  
  

 


 
SB3895 EnrolledLRB102 24668 HLH 35207 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 15-178 as follows:
 
6    (35 ILCS 200/15-178)
7    Sec. 15-178. Reduction in assessed value for affordable
8rental housing construction or rehabilitation.
9    (a) The General Assembly finds that there is a shortage of
10high quality affordable rental homes for low-income and
11very-low-income households throughout Illinois; that owners
12and developers of rental housing face significant challenges
13building newly constructed apartments or undertaking
14rehabilitation of existing properties that results in rents
15that are affordable for low-income and very-low-income
16households; and that it will help Cook County and other parts
17of Illinois address the extreme shortage of affordable rental
18housing by developing a statewide policy to determine the
19assessed value for newly constructed and rehabilitated
20affordable rental housing that both encourages investment and
21incentivizes property owners to keep rents affordable.
22    (b) Each chief county assessment officer shall implement
23special assessment programs to reduce the assessed value of

 

 

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1all eligible newly constructed residential real property or
2qualifying rehabilitation to all eligible existing residential
3real property in accordance with subsection (c) for 10 taxable
4years after the newly constructed residential real property or
5improvements to existing residential real property are put in
6service. Any county with less than 3,000,000 inhabitants may
7decide not to implement one or both of the special assessment
8programs defined in subparagraph (1) of subsection (c) of this
9Section and subparagraph (2) of subsection (c) of this Section
10upon passage of an ordinance by a majority vote of the county
11board. Subsequent to a vote to opt out of this special
12assessment program, any county with less than 3,000,000
13inhabitants may decide to implement one or both of the special
14assessment programs defined in subparagraph (1) of subsection
15(c) of this Section and subparagraph (2) of subsection (c) of
16this Section upon passage of an ordinance by a majority vote of
17the county board. Property is eligible for the special
18assessment program if and only if all of the following factors
19have been met:
20        (1) at the conclusion of the new construction or
21    qualifying rehabilitation, the property consists of a
22    newly constructed multifamily building containing 7 or
23    more rental dwelling units or an existing multifamily
24    building that has undergone qualifying rehabilitation
25    resulting in 7 or more rental dwelling units; and
26        (2) the property meets the application requirements

 

 

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1    defined in subsection (f).
2    (c) For those counties that are required to implement the
3special assessment program and do not opt out of such special
4assessment program, the chief county assessment officer for
5that county shall require that residential real property is
6eligible for the special assessment program if and only if one
7of the additional factors have been met:
8        (1) except as defined in subparagraphs (E), (F), and
9    (G) of paragraph (1) of subsection (f) of this Section,
10    prior to the newly constructed residential real property
11    or improvements to existing residential real property
12    being put in service, the owner of the residential real
13    property commits that, for a period of 10 years, at least
14    15% of the multifamily building's units will have rents as
15    defined in this Section that are at or below maximum rents
16    and are occupied by households with household incomes at
17    or below maximum income limits; or
18        (2) except as defined in subparagraphs (E), (F), and
19    (G) of paragraph (1) of subsection (f) of this Section,
20    prior to the newly constructed residential real property
21    or improvements to existing residential real property
22    located in a low affordability community being put in
23    service, the owner of the residential real property
24    commits that, for a period of 30 years after the newly
25    constructed residential real property or improvements to
26    existing residential real property are put in service, at

 

 

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1    least 20% of the multifamily building's units will have
2    rents as defined in this Section that are at or below
3    maximum rents and are occupied by households with
4    household incomes at or below maximum income limits.
5    If a reduction in assessed value is granted under one
6special assessment program provided for in this Section, then
7that same residential real property is not eligible for an
8additional special assessment program under this Section at
9the same time.
10    (d) The amount of the reduction in assessed value for
11residential real property meeting the conditions set forth in
12subparagraph (1) of subsection (c) shall be calculated as
13follows:
14        (1) if the owner of the residential real property
15    commits for a period of at least 10 years that at least 15%
16    but fewer than 35% of the multifamily building's units
17    have rents at or below maximum rents and are occupied by
18    households with household incomes at or below maximum
19    income limits, the assessed value of the property used to
20    calculate the tax bill shall be reduced by an amount equal
21    to 25% of the assessed value of the property as determined
22    by the assessor for the property in the current taxable
23    year for the newly constructed residential real property
24    or based on the improvements to an existing residential
25    real property; and
26        (2) if the owner of the residential real property

 

 

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1    commits for a period of at least 10 years that at least 35%
2    of the multifamily building's units have rents at or below
3    maximum rents and are occupied by households with
4    household incomes at or below maximum income limits, the
5    assessed value of the property used to calculate the tax
6    bill shall be reduced by an amount equal to 35% of the
7    assessed value of the property as determined by the
8    assessor for the property in the current assessment year
9    for the newly constructed residential real property or
10    based on the improvements to an existing residential real
11    property.
12    (e) The amount of the reduction for residential real
13property meeting the conditions set forth in subparagraph (2)
14of subsection (c) shall be calculated as follows:
15        (1) for the first, second, and third taxable year
16    after the residential real property is placed in service,
17    the residential real property is entitled to a reduction
18    in its assessed value in an amount equal to the difference
19    between the assessed value in the year for which the
20    incentive is sought and the assessed value for the
21    residential real property in the base year;
22        (2) for the fourth, fifth, and sixth taxable year
23    after the residential real property is placed in service,
24    the property is entitled to a reduction in its assessed
25    value in an amount equal to 80% of the difference between
26    the assessed value in the year for which the incentive is

 

 

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1    sought and the assessed value for the residential real
2    property in the base year;
3        (3) for the seventh, eighth, and ninth taxable year
4    after the property is placed in service, the residential
5    real property is entitled to a reduction in its assessed
6    value in an amount equal to 60% of the difference between
7    the assessed value in the year for which the incentive is
8    sought and the assessed value for the residential real
9    property in the base year;
10        (4) for the tenth, eleventh, and twelfth taxable year
11    after the residential real property is placed in service,
12    the residential real property is entitled to a reduction
13    in its assessed value in an amount equal to 40% of the
14    difference between the assessed value in the year for
15    which the incentive is sought and the assessed value for
16    the residential real property in the base year; and
17        (5) for the thirteenth through the thirtieth taxable
18    year after the residential real property is placed in
19    service, the residential real property is entitled to a
20    reduction in its assessed value in an amount equal to 20%
21    of the difference between the assessed value in the year
22    for which the incentive is sought and the assessed value
23    for the residential real property in the base year.
24    (f) Application requirements.
25        (1) In order to receive the reduced valuation under
26    this Section, the owner must submit an application

 

 

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1    containing the following information to the chief county
2    assessment officer for review in the form and by the date
3    required by the chief county assessment officer:
4            (A) the owner's name;
5            (B) the postal address and permanent index number
6        or numbers of the parcel or parcels for which the owner
7        is applying to receive reduced valuation under this
8        Section;
9            (C) a deed or other instrument conveying the
10        parcel or parcels to the current owner;
11            (D) written evidence that the new construction or
12        qualifying rehabilitation has been completed with
13        respect to the residential real property, including,
14        but not limited to, copies of building permits, a
15        notarized contractor's affidavit, and photographs of
16        the interior and exterior of the building after new
17        construction or rehabilitation is completed;
18            (E) written evidence that the residential real
19        property meets local building codes, or if there are
20        no local building codes, Housing Quality Standards, as
21        determined by the United States Department of Housing
22        and Urban Development;
23            (F) a list identifying the affordable units in
24        residential real property and a written statement that
25        the affordable units are comparable to the market rate
26        units in terms of unit type, number of bedrooms per

 

 

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1        unit, quality of exterior appearance, energy
2        efficiency, and overall quality of construction;
3            (G) a written schedule certifying the rents in
4        each affordable unit and a written statement that
5        these rents do not exceed the maximum rents allowable
6        for the area in which the residential real property is
7        located;
8            (H) documentation from the administering agency
9        verifying the owner's participation in a qualifying
10        income-based rental subsidy program as defined in
11        subsection (e) of this Section if units receiving
12        rental subsidies are to be counted among the
13        affordable units in order to meet the thresholds
14        defined in this Section;
15            (I) a written statement identifying the household
16        income for every household occupying an affordable
17        unit and certifying that the household income does not
18        exceed the maximum income limits allowable for the
19        area in which the residential real property is
20        located;
21            (J) a written statement that the owner has
22        verified and retained documentation of household
23        income for every household occupying an affordable
24        unit; and
25            (K) any additional information consistent with
26        this Section as reasonably required by the chief

 

 

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1        county assessment officer, including, but not limited
2        to, any information necessary to ensure compliance
3        with applicable local ordinances and to ensure the
4        owner is complying with the provisions of this
5        Section.
6        (1.1) In order for a development to receive the
7    reduced valuation under subsection (e), the owner must
8    provide evidence to the county assessor's office of a
9    fully executed project labor agreement entered into with
10    the applicable local building trades council, prior to
11    commencement of any and all construction, building,
12    renovation, demolition, or any material change to the
13    structure or land.
14        (2) The application requirements contained in
15    paragraph (1) of subsection (f) are continuing
16    requirements for the duration of the reduction in assessed
17    value received and may be annually or periodically
18    verified by the chief county assessment officer for the
19    county whereby the benefit is being issued.
20        (3) In lieu of submitting an application containing
21    the information prescribed in paragraph (1) of subsection
22    (f), the chief county assessment officer may allow for
23    submission of a substantially similar certification
24    granted by the Illinois Housing Development Authority or a
25    comparable local authority provided that the chief county
26    assessment officer independently verifies the veracity of

 

 

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1    the certification with the Illinois Housing Development
2    Authority or comparable local authority.
3        (4) The chief county assessment officer shall notify
4    the owner as to whether or not the property meets the
5    requirements of this Section. If the property does not
6    meet the requirements of this Section, the chief county
7    assessment officer shall provide written notice of any
8    deficiencies to the owner, who shall then have 30 days
9    from the date of notification to provide supplemental
10    information showing compliance with this Section. The
11    chief county assessment officer shall, in its discretion,
12    grant additional time to cure any deficiency. If the owner
13    does not exercise this right to cure the deficiency, or if
14    the information submitted, in the sole judgment of the
15    chief county assessment officer, is insufficient to meet
16    the requirements of this Section, the chief county
17    assessment officer shall provide a written explanation of
18    the reasons for denial.
19        (5) The chief county assessment officer may charge a
20    reasonable application fee to offset the administrative
21    expenses associated with the program.
22        (6) The reduced valuation conferred by this Section is
23    limited as follows:
24            (A) The owner is eligible to apply for the reduced
25        valuation conferred by this Section beginning in the
26        first assessment year after the effective date of this

 

 

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1        amendatory Act of the 102nd General Assembly through
2        December 31, 2027. If approved, the reduction will be
3        effective for the current assessment year, which will
4        be reflected in the tax bill issued in the following
5        calendar year. Owners that are approved for the
6        reduced valuation under paragraph (1) of subsection
7        (c) of this Section before December 31, 2027 shall, at
8        minimum, be eligible for annual renewal of the reduced
9        valuation during an initial 10-year period if annual
10        certification requirements are met for each of the 10
11        years, as described in subparagraph (B) of paragraph
12        (4) of subsection (d) of this Section.
13            (B) Property receiving a reduction outlined in
14        paragraph (1) of subsection (c) of this Section shall
15        continue to be eligible for an initial period of up to
16        10 years if annual certification requirements are met
17        for each of the 10 years, but shall be extended for up
18        to 2 additional 10-year periods with annual renewals
19        if the owner continues to meet the requirements of
20        this Section, including annual certifications, and
21        excluding the requirements regarding new construction
22        or qualifying rehabilitation defined in subparagraph
23        (D) of paragraph (1) of this subsection.
24            (C) The annual certification materials in the year
25        prior to final year of eligibility for the reduction
26        in assessed value must include a dated copy of the

 

 

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1        written notice provided to tenants informing them of
2        the date of the termination if the owner is not seeking
3        a renewal.
4            (D) If the property is sold or transferred, the
5        purchaser or transferee must comply with all
6        requirements of this Section, excluding the
7        requirements regarding new construction or qualifying
8        rehabilitation defined in subparagraph (D) of
9        paragraph (1) of this subsection, in order to continue
10        receiving the reduction in assessed value. Purchasers
11        and transferees who comply with all requirements of
12        this Section excluding the requirements regarding new
13        construction or qualifying rehabilitation defined in
14        subparagraph (D) of paragraph (1) of this subsection
15        are eligible to apply for renewal on the schedule set
16        by the initial application.
17            (E) The owner may apply for the reduced valuation
18        if the residential real property meets all
19        requirements of this Section and the newly constructed
20        residential real property or improvements to existing
21        residential real property were put in service on or
22        after January 1, 2015. However, the initial 10-year
23        eligibility period or 30-year eligibility period,
24        depending on the applicable program, shall be reduced
25        by the number of years between the placed in service
26        date and the date the owner first receives this

 

 

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1        reduced valuation.
2            (F) The owner may apply for the reduced valuation
3        within 2 years after the newly constructed residential
4        real property or improvements to existing residential
5        real property are put in service. However, the initial
6        10-year eligibility period or 30-year eligibility
7        period, depending on the applicable program, shall be
8        reduced for the number of years between the placed in
9        service date and the date the owner first receives
10        this reduced valuation.
11            (G) Owners of a multifamily building receiving a
12        reduced valuation through the Cook County Class 9
13        program during the year in which this amendatory Act
14        of the 102nd General Assembly takes effect shall be
15        deemed automatically eligible for the reduced
16        valuation defined in paragraph (1) of subsection (c)
17        of this Section in terms of meeting the criteria for
18        new construction or substantial rehabilitation for a
19        specific multifamily building regardless of when the
20        newly constructed residential real property or
21        improvements to existing residential real property
22        were put in service. If a Cook County Class 9 owner had
23        Class 9 status revoked on or after January 1, 2017 but
24        can provide documents sufficient to prove that the
25        revocation was in error or any deficiencies leading to
26        the revocation have been cured, the chief county

 

 

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1        assessment officer may deem the owner to be eligible.
2        However, owners may not receive both the reduced
3        valuation under this Section and the reduced valuation
4        under the Cook County Class 9 program in any single
5        assessment year. In addition, the number of years
6        during which an owner has participated in the Class 9
7        program shall count against the 3 10-year periods of
8        eligibility for the reduced valuation as defined in
9        subparagraph (1) of subsection (c) of this Section.
10            (H) At the completion of the assessment reduction
11        period described in this Section: the entire parcel
12        will be assessed as otherwise provided by law.
13    (g) (e) As used in this Section:
14    "Affordable units" means units that have rents that do not
15exceed the maximum rents as defined in this Section.
16    "Assessed value for the residential real property in the
17base year" means the assessed value used to calculate the tax
18bill, as certified by the board of review, for the tax year
19immediately prior to the tax year in which the building permit
20is issued. For property assessed as other than residential
21property, the "assessed value for the residential real
22property in the base year" means the assessed value that would
23have been obtained had the property been classified as
24residential as derived from the board of review's certified
25market value the value in effect at the end of the taxable year
26prior to the latter of: (1) the date of initial application; or

 

 

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1(2) the date on which 20% of the total number of units in the
2property are occupied by eligible tenants paying eligible rent
3under this Section.
4    "Household income" includes the annual income for all the
5people who occupy a housing unit that is anticipated to be
6received from a source outside of the family during the
712-month period following admission or the annual
8recertification, including related family members and all the
9unrelated people who share the housing unit. Household income
10includes the total of the following income sources: wages,
11salaries and tips before any payroll deductions; net business
12income; interest and dividends; payments in lieu of earnings,
13such as unemployment and disability compensation, worker's
14compensation and severance pay; Social Security income,
15including lump sum payments; payments from insurance policies,
16annuities, pensions, disability benefits and other types of
17periodic payments, alimony, child support, and other regular
18monetary contributions; and public assistance, except for
19assistance from the Supplemental Nutrition Assistance Program
20(SNAP). "Household income" does not include: earnings of
21children under age 18; temporary income such as cash gifts;
22reimbursement for medical expenses; lump sums from
23inheritance, insurance payments, settlements for personal or
24property losses; student financial assistance paid directly to
25the student or to an educational institution; foster child
26care payments; receipts from government-funded training

 

 

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1programs; assistance from the Supplemental Nutrition
2Assistance Program (SNAP).
3    "Low affordability community" means (1) a municipality or
4jurisdiction with less than 1,000,000 inhabitants in which 40%
5or less of its total year-round housing units are affordable,
6as determined by the Illinois Housing Development Authority
7during the exemption determination process under the
8Affordable Housing Planning and Appeal Act; (2) "D" zoning
9districts as now or hereafter designated in the Chicago Zoning
10Ordinance; or (3) a jurisdiction located in a municipality
11with 1,000,000 or more inhabitants that has been designated as
12a low affordability community by passage of a local ordinance
13by that municipality, specifying the census tract or property
14by permanent index number or numbers.
15    "Maximum income limits" means the maximum regular income
16limits for 60% of area median income for the geographic area in
17which the multifamily building is located for multifamily
18programs as determined by the United States Department of
19Housing and Urban Development and published annually by the
20Illinois Housing Development Authority. A property may be
21deemed to have satisfied the maximum income limits with a
22weighted average if municipal, state, or federal laws,
23ordinances, rules, or regulations requires the use of a
24weighted average of no more than 60% of area median income for
25that property.
26    "Maximum rent" means the maximum regular rent for 60% of

 

 

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1the area median income for the geographic area in which the
2multifamily building is located for multifamily programs as
3determined by the United States Department of Housing and
4Urban Development and published annually by the Illinois
5Housing Development Authority. To be eligible for the reduced
6valuation defined in this Section, maximum rents are to be
7consistent with the Illinois Housing Development Authority's
8rules; or if the owner is leasing an affordable unit to a
9household with an income at or below the maximum income limit
10who is participating in qualifying income-based rental subsidy
11program, "maximum rent" means the maximum rents allowable
12under the guidelines of the qualifying income-based rental
13subsidy program. A property may be deemed to have satisfied
14the maximum rent with a weighted average if municipal, state,
15or federal laws, ordinances, rules, or regulations requires
16the use of a weighted average of no more than 60% of area
17median income for that property.
18    "Qualifying income-based rental subsidy program" means a
19Housing Choice Voucher issued by a housing authority under
20Section 8 of the United States Housing Act of 1937, a tenant
21voucher converted to a project-based voucher by a housing
22authority or any other program administered or funded by a
23housing authority, the Illinois Housing Development Authority,
24another State agency, a federal agency, or a unit of local
25government where participation is limited to households with
26incomes at or below the maximum income limits as defined in

 

 

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1this Section and the tenants' portion of the rent payment is
2based on a percentage of their income or a flat amount that
3does not exceed the maximum rent as defined in this Section.
4    "Qualifying rehabilitation" means, at a minimum,
5compliance with local building codes and the replacement or
6renovation of at least 2 primary building systems to be
7approved for the reduced valuation under paragraph (1) of
8subsection (d) of this Section and at least 5 primary building
9systems to be approved for the reduced valuation under
10subsection (e) of this Section. Although the cost of each
11primary building system may vary, to be approved for the
12reduced valuation under paragraph (1) of subsection (d) of
13this Section, the combined expenditure for making the building
14compliant with local codes and replacing primary building
15systems must be at least $8 per square foot for work completed
16between January 1 of the year in which this amendatory Act of
17the 102nd General Assembly takes effect and December 31 of the
18year in which this amendatory Act of the 102nd General
19Assembly takes effect and, in subsequent years, $8 adjusted by
20the Consumer Price Index for All Urban Consumers, as published
21annually by the U.S. Department of Labor. To be approved for
22the reduced valuation under paragraph (2) of subsection (d) of
23this Section, the combined expenditure for making the building
24compliant with local codes and replacing primary building
25systems must be at least $12.50 per square foot for work
26completed between January 1 of the year in which this

 

 

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1amendatory Act of the 102nd General Assembly takes effect and
2December 31 of the year in which this amendatory Act of the
3102nd General Assembly takes effect, and in subsequent years,
4$12.50 adjusted by the Consumer Price Index for All Urban
5Consumers, as published annually by the U.S. Department of
6Labor. To be approved for the reduced valuation under
7subsection (e) of this Section, the combined expenditure for
8making the building compliant with local codes and replacing
9primary building systems must be at least $60 per square foot
10for work completed between January 1 of the year that this
11amendatory Act of the 102nd General Assembly becomes effective
12and December 31 of the year that this amendatory Act of the
13102nd General Assembly becomes effective and, in subsequent
14years, $60 adjusted by the Consumer Price Index for All Urban
15Consumers, as published annually by the U.S. Department of
16Labor. "Primary building systems", together with their related
17rehabilitations, specifically approved for this program are:
18        (1) Electrical. All electrical work must comply with
19    applicable codes; it may consist of a combination of any
20    of the following alternatives:
21            (A) installing individual equipment and appliance
22        branch circuits as required by code (the minimum being
23        a kitchen appliance branch circuit);
24            (B) installing a new emergency service, including
25        emergency lighting with all associated conduits and
26        wiring;

 

 

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1            (C) rewiring all existing feeder conduits ("home
2        runs") from the main switchgear to apartment area
3        distribution panels;
4            (D) installing new in-wall conduits for
5        receptacles, switches, appliances, equipment, and
6        fixtures;
7            (E) replacing power wiring for receptacles,
8        switches, appliances, equipment, and fixtures;
9            (F) installing new light fixtures throughout the
10        building including closets and central areas;
11            (G) replacing, adding, or doing work as necessary
12        to bring all receptacles, switches, and other
13        electrical devices into code compliance;
14            (H) installing a new main service, including
15        conduit, cables into the building, and main disconnect
16        switch; and
17            (I) installing new distribution panels, including
18        all panel wiring, terminals, circuit breakers, and all
19        other panel devices.
20        (2) Heating. All heating work must comply with
21    applicable codes; it may consist of a combination of any
22    of the following alternatives:
23            (A) installing a new system to replace one of the
24        following heat distribution systems:
25                (i) piping and heat radiating units, including
26            new main line venting and radiator venting; or

 

 

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1                (ii) duct work, diffusers, and cold air
2            returns; or
3                (iii) any other type of existing heat
4            distribution and radiation/diffusion components;
5            or
6            (B) installing a new system to replace one of the
7        following heat generating units:
8                (i) hot water/steam boiler;
9                (ii) gas furnace; or
10                (iii) any other type of existing heat
11            generating unit.
12        (3) Plumbing. All plumbing work must comply with
13    applicable codes. Replace all or a part of the in-wall
14    supply and waste plumbing; however, main supply risers,
15    waste stacks and vents, and code-conforming waste lines
16    need not be replaced.
17        (4) Roofing. All roofing work must comply with
18    applicable codes; it may consist of either of the
19    following alternatives, separately or in combination:
20            (A) replacing all rotted roof decks and
21        insulation; or
22            (B) replacing or repairing leaking roof membranes
23        (10% is the suggested minimum replacement of
24        membrane); restoration of the entire roof is an
25        acceptable substitute for membrane replacement.
26        (5) Exterior doors and windows. Replace the exterior

 

 

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1    doors and windows. Renovation of ornate entry doors is an
2    acceptable substitute for replacement.
3        (6) Floors, walls, and ceilings. Finishes must be
4    replaced or covered over with new material. Acceptable
5    replacement or covering materials are as follows:
6            (A) floors must have new carpeting, vinyl tile,
7        ceramic, refurbished wood finish, or a similar
8        substitute;
9            (B) walls must have new drywall, including joint
10        taping and painting; or
11            (C) new ceilings must be either drywall, suspended
12        type, or a similar material.
13        (7) Exterior walls.
14            (A) replace loose or crumbling mortar and masonry
15        with new material;
16            (B) replace or paint wall siding and trim as
17        needed;
18            (C) bring porches and balconies to a sound
19        condition; or
20            (D) any combination of (A), (B), and (C).
21        (8) Elevators. Where applicable, at least 4 of the
22    following 7 alternatives must be accomplished:
23            (A) replace or rebuild the machine room controls
24        and refurbish the elevator machine (or equivalent
25        mechanisms in the case of hydraulic elevators);
26            (B) replace hoistway electro-mechanical items

 

 

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1        including: ropes, switches, limits, buffers, levelers,
2        and deflector sheaves (or equivalent mechanisms in the
3        case of hydraulic elevators);
4            (C) replace hoistway wiring;
5            (D) replace door operators and linkage;
6            (E) replace door panels at each opening;
7            (F) replace hall stations, car stations, and
8        signal fixtures; or
9            (G) rebuild the car shell and refinish the
10        interior.
11        (9) Health and safety.
12            (A) Install or replace fire suppression systems;
13            (B) install or replace security systems; or
14            (C) environmental remediation of lead-based paint,
15        asbestos, leaking underground storage tanks, or radon.
16        (10) Energy conservation improvements undertaken to
17    limit the amount of solar energy absorbed by a building's
18    roof or to reduce energy use for the property, including,
19    but not limited to, any of the following activities:
20            (A) installing or replacing reflective roof
21        coatings (flat roofs);
22            (B) installing or replacing R-49 roof insulation;
23            (C) installing or replacing R-19 perimeter wall
24        insulation;
25            (D) installing or replacing insulated entry doors;
26            (E) installing or replacing Low E, insulated

 

 

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1        windows;
2            (F) installing or replacing WaterSense labeled
3        plumbing fixtures;
4            (G) installing or replacing 90% or better sealed
5        combustion heating systems;
6            (H) installing Energy Star hot water heaters;
7            (I) installing or replacing mechanical ventilation
8        to exterior for kitchens and baths;
9            (J) installing or replacing Energy Star
10        appliances;
11            (K) installing or replacing Energy Star certified
12        lighting in common areas; or
13            (L) installing or replacing grading and
14        landscaping to promote on-site water retention if the
15        retained water is used to replace water that is
16        provided from a municipal source.
17        (11) Accessibility improvements. All accessibility
18    improvements must comply with applicable codes. An owner
19    may make accessibility improvements to residential real
20    property to increase access for people with disabilities.
21    As used in this paragraph (11), "disability" has the
22    meaning given to that term in the Illinois Human Rights
23    Act. As used in this paragraph (11), "accessibility
24    improvements" means a home modification listed under the
25    Home Services Program administered by the Department of
26    Human Services (Part 686 of Title 89 of the Illinois

 

 

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1    Administrative Code) including, but not limited to:
2    installation of ramps, grab bars, or wheelchair lifts;
3    widening doorways or hallways; re-configuring rooms and
4    closets; and any other changes to enhance the independence
5    of people with disabilities.
6        (12) Any applicant who has purchased the property in
7    an arm's length transaction not more than 90 days before
8    applying for this reduced valuation may use the cost of
9    rehabilitation or repairs required by documented code
10    violations, up to a maximum of $2 per square foot, to meet
11    the qualifying rehabilitation requirements.
12(Source: P.A. 102-175, eff. 7-29-21.)
 
13    Section 99. Effective date. This Act takes effect upon
14becoming law.