Full Text of SB0680 94th General Assembly
SB0680sam001 94TH GENERAL ASSEMBLY
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Sen. John M. Sullivan
Filed: 3/28/2006
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| AMENDMENT TO SENATE BILL 680
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| AMENDMENT NO. ______. Amend Senate Bill 680 by replacing | | 3 |
| everything after the enacting clause with the following:
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| "Section 5. The Property Tax Code is amended by changing | | 5 |
| Section 16-70 as follows:
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| (35 ILCS 200/16-70)
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| Sec. 16-70. Determination of exemptions. The board of | | 8 |
| review shall hear and
determine the application of any person | | 9 |
| who is assessed on property claimed to
be exempt from taxation. | | 10 |
| However, the decision of the board shall not be
final, except | | 11 |
| as to homestead exemptions. Upon filing of any application for | | 12 |
| a
non-homestead exemption which would reduce the assessed | | 13 |
| valuation of any
property by more than $100,000, the owner | | 14 |
| shall deliver, in person or by mail,
a copy of the application | | 15 |
| to any municipality, school district,
and community
college | | 16 |
| district, and fire protection district in which the property is | | 17 |
| situated. Failure of a
municipality, school district,
or | | 18 |
| community college district, or fire protection district to | | 19 |
| receive the
notice shall not invalidate any exemption. The | | 20 |
| board shall give the
municipalities, school districts,
and | | 21 |
| community college districts, fire protection districts, and | | 22 |
| the
taxpayer an opportunity to be heard. The clerk of the board | | 23 |
| in all cases other
than homestead exemptions, under the | | 24 |
| direction of the board, shall make out and
forward to the |
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LRB094 04410 BDD 57758 a |
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| Department, a full and complete statement of all the facts in
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| the case. The Department shall determine whether the property | | 3 |
| is legally liable
to taxation. It shall notify the board of | | 4 |
| review of its decision, and
the board shall correct the | | 5 |
| assessment if necessary. The decision of the
Department is | | 6 |
| subject to review under Sections 8-35 and 8-40. The extension | | 7 |
| of
taxes on any assessment shall not be delayed by any | | 8 |
| proceedings under this
Section, and, if the Department rules | | 9 |
| that the property is exempt, any taxes
extended upon the | | 10 |
| unauthorized assessment shall be abated or, if paid, shall be
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| refunded.
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| (Source: P.A. 86-345; 86-413; 86-1028; 86-1481; 88-455.)".
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