Full Text of SB2073 97th General Assembly
SB2073 97TH GENERAL ASSEMBLY |
| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 SB2073 Introduced 2/10/2011, by Sen. Terry Link SYNOPSIS AS INTRODUCED: |
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Amends the Property Tax Code. Provides that decisions of the Property Tax Appeal Board shall be made within 365 days after the date the appeal was received by the Board. Effective January 1, 2012.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| 1 | | AN ACT concerning revenue.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Property Tax Code is amended by changing | 5 | | Section 16-185 as follows:
| 6 | | (35 ILCS 200/16-185)
| 7 | | Sec. 16-185. Decisions. The Board shall make a decision in | 8 | | each appeal or
case appealed to it, and the decision shall be | 9 | | based upon equity and the weight
of evidence and not upon | 10 | | constructive fraud, and shall be binding upon
appellant and | 11 | | officials of government. The decision shall be made within 365 | 12 | | days after the date the appeal was received by the Board. The | 13 | | extension of taxes on any
assessment so appealed shall not be | 14 | | delayed by any proceeding before the Board,
and, in case the | 15 | | assessment is altered by the Board, any taxes extended upon
the | 16 | | unauthorized assessment or part thereof shall be abated, or, if | 17 | | already
paid, shall be refunded with interest as provided in | 18 | | Section 23-20.
| 19 | | The decision or order of the Property Tax Appeal Board in | 20 | | any such
appeal, shall, within 10 days thereafter, be certified | 21 | | at no charge to
the appellant and to the proper authorities, | 22 | | including the board of
review or board of appeals whose | 23 | | decision was appealed, the county clerk
who extends taxes
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| 1 | | the assessment in question, and the county collector who | 2 | | collects
property taxes upon such assessment.
| 3 | | If the Property Tax Appeal Board renders a decision | 4 | | lowering the
assessment of a particular parcel after the | 5 | | deadline for filing complaints
with the board of review or | 6 | | board of appeals or after adjournment of the
session of
the | 7 | | board of review or board of appeals at which assessments for | 8 | | the
subsequent year are
being considered, the taxpayer may, | 9 | | within 30 days after the date of
written notice of the Property | 10 | | Tax Appeal Board's decision, appeal the
assessment for the | 11 | | subsequent year directly to the Property Tax
Appeal Board.
| 12 | | If the Property Tax Appeal Board renders a decision | 13 | | lowering the
assessment of a particular parcel on which a | 14 | | residence
occupied by the
owner is situated, such reduced | 15 | | assessment, subject to equalization, shall
remain in effect for | 16 | | the remainder of the general assessment period as provided
in | 17 | | Sections 9-215 through 9-225, unless that parcel is | 18 | | subsequently sold in
an arm's length transaction establishing a | 19 | | fair cash value for the parcel that
is different from the fair | 20 | | cash value on which the Board's assessment is
based, or unless | 21 | | the decision of the Property Tax Appeal Board is reversed
or | 22 | | modified upon review.
| 23 | | (Source: P.A. 88-455; 88-660, eff. 9-16-94; 89-671, eff. | 24 | | 8-14-96.)
| 25 | | Section 99. Effective date. This Act takes effect January | 26 | | 1, 2012.
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