Full Text of HB1546 96th General Assembly
HB1546ham001 96TH GENERAL ASSEMBLY
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Rep. Emily McAsey
Filed: 3/30/2009
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09600HB1546ham001 |
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LRB096 05080 HLH 24670 a |
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| AMENDMENT TO HOUSE BILL 1546
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| AMENDMENT NO. ______. Amend House Bill 1546 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 |
| Sections 1-55 and 9-80 as follows:
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| (35 ILCS 200/1-55)
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| Sec. 1-55. 33 1/3%. Except as provided in Section 9-80, | 8 |
| one-third One-third of the fair cash value of property, as
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| determined by the Department's sales ratio studies for the 3 | 10 |
| most recent years
preceding the assessment year, adjusted to | 11 |
| take into account any changes in
assessment levels implemented | 12 |
| since the data for the studies were collected.
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| (Source: P.A. 86-1481; 87-877; 88-455.)
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| (35 ILCS 200/9-80)
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| Sec. 9-80. Authority to revise assessments; Counties of |
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LRB096 05080 HLH 24670 a |
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| less than 3,000,000. | 2 |
| (a) The chief county assessment officer in counties with | 3 |
| less than 3,000,000
inhabitants shall have the same authority | 4 |
| as the township or multi-township
assessor to assess and to | 5 |
| make changes or alterations in the assessment of
property, and | 6 |
| shall assess and make such changes or alterations in the
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| assessment of property as though originally made. Changes by | 8 |
| the chief county
assessment officer in valuations shall be | 9 |
| noted in a column provided, and no
change shall be made in the | 10 |
| original assessor's figures.
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| When the chief county assessment officer or his or her | 12 |
| deputy views property
for the purposes of assessing the | 13 |
| property or determining whether a change or
alteration in the | 14 |
| assessment of the property is required, he or she shall give
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| notice to the township assessor by U.S. Mail at least 5 days | 16 |
| but not more than
30 days prior to the viewing, so that the | 17 |
| assessor may arrange to be present at
the viewing. He or she | 18 |
| shall also give notice to owners of the properties by
means of | 19 |
| notices in a paper of general circulation in the township. The
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| notices shall state the chief county assessment officer's | 21 |
| intention to view the
property but need not specify the date | 22 |
| and time of the viewing. When the chief
county assessment | 23 |
| officer or his or her deputy is present at the property to be
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| viewed, immediately prior to the viewing, he or she shall make | 25 |
| a reasonable
effort to ascertain if the owner or his or her | 26 |
| representative, or the assessor,
are on the premises and to |
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LRB096 05080 HLH 24670 a |
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| inform them of his or her intention to view the
property. | 2 |
| Failure to provide notice to the township assessor and owner | 3 |
| shall
not of and by itself invalidate any change in an | 4 |
| assessment. A viewing under
this Section and Section 9-155 | 5 |
| means actual viewing of the visible property in
its entirety | 6 |
| from, on or at the site of the property.
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| (b) On or before October 1, 2009, the county assessor of | 8 |
| Will County shall reassess all residential property in the | 9 |
| county at 33 1/3% of the fair cash value of the property, as | 10 |
| determined by the Department's sales ratio studies for the most | 11 |
| recent year preceding the assessment year. For the purposes of | 12 |
| this subsection, "residential property" means a single-family | 13 |
| home, a condominium, a cooperative, an apartment, or a | 14 |
| mixed-use building of 6 or fewer units. | 15 |
| (c) All changes and alterations in the assessment of | 16 |
| property shall be subject to
revision by the board of review in | 17 |
| the same manner that original assessments
are reviewed.
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| (Source: P.A. 81-0838; 81-1055; 81-1509; 88-455.)".
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