Illinois General Assembly - Full Text of SB2092
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Full Text of SB2092  103rd General Assembly




State of Illinois
2023 and 2024


Introduced 2/9/2023, by Sen. Doris Turner


20 ILCS 2505/2505-810 new

    Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department of Revenue shall establish and administer a State Property Tax Relief Reimbursement Pilot Program for the purpose of reimbursing taxing districts for property tax revenue loss associated with State facilities. Sets forth the amount of the reimbursement. Effective immediately.

LRB103 28616 HLH 54997 b





SB2092LRB103 28616 HLH 54997 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 Department of Revenue Law of the Civil
5Administrative Code of Illinois is amended by adding Section
62505-810 as follows:
7    (20 ILCS 2505/2505-810 new)
8    Sec. 2505-810. State Property Tax Relief Reimbursement
9Pilot Program.
10    (a) For State fiscal years that begin on or after July 1,
112023 and before July 1, 2028, the Department shall establish
12and administer a State Property Tax Relief Reimbursement Pilot
13Program. For purposes of the Program, the Department shall
14reimburse taxing districts, in an amount calculated under
15subsection (c), for revenue loss associated with Section 15-55
16of the Property Tax Code. Reimbursement payments shall be made
17to the county that applies to the Department of Revenue on
18behalf of the taxing district under subsection (b) and shall
19be distributed by the county to the taxing district as
20directed by the Department of Revenue.
21    (b) If the county clerk determines that one or more taxing
22districts located in whole or in part in the county qualify for
23reimbursement under this Section, then the county clerk shall



SB2092- 2 -LRB103 28616 HLH 54997 b

1apply to the Department of Revenue on behalf of the taxing
2district for reimbursement under this Section in the form and
3manner required by the Department. The county clerk shall
4consolidate applications submitted on behalf of more than one
5taxing district into a single application. The Department of
6Revenue may audit the information submitted by the county
7clerk as part of the application under this Section for the
8purpose of verifying the accuracy of that information.
9    (c) The amount of the reimbursement shall be the
10difference between (1) the amount of property tax revenue that
11would have been required to be collected and distributed to
12the taxing district for the taxable year that falls 2 years
13before the start of the State fiscal year if the exemptions
14under Section 15-55 of the Property Tax Code had not been
15applied and (2) the amount of property tax revenue that was
16required to be collected and distributed to the taxing
17district for that taxable year.
18    The aggregate amount of reimbursements that may be awarded
19under this Section for all taxing districts in any calendar
20year may not exceed $15,000,000. If the total amount of
21eligible reimbursements under this Section exceeds $15,000,000
22in any calendar year, then the reimbursement amount awarded to
23each particular taxing district shall be reduced on a pro rata
24basis until the aggregate amount of reimbursements awarded
25under this Section for the calendar year does not exceed



SB2092- 3 -LRB103 28616 HLH 54997 b

1    (d) The Department of Revenue may adopt rules necessary
2for the implementation of this Section.
3    (e) As used in this Section:
4    "Taxable year" means the calendar year during which
5property taxes payable in the next succeeding year are levied.
6    "Taxing district" has the meaning given to that term in
7Section 1-150 of the Property Tax Code.
8    Section 99. Effective date. This Act takes effect upon
9becoming law.