HB4495 102ND GENERAL ASSEMBLY

  
  

 


 
102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB4495

 

Introduced 1/21/2022, by Rep. Michael J. Zalewski

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/15-178

    Amends the Property Tax Code. In provisions concerning a reduction in assessed value for affordable rental housing construction or rehabilitation, provides that, for the purpose of an initial application and only until the building is put in service, an owner may provide proof of either a deed restriction or participation in a government program that includes legally enforceable affordability requirements comparable to the requirements set forth in those provisions, and the chief county assessment officer shall furnish a letter of intent to the applicant. Makes changes to the definition of "assessed value for the residential real property in the base year". Effective immediately.


LRB102 24953 HLH 34208 b

 

 

A BILL FOR

 

HB4495LRB102 24953 HLH 34208 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            (L) For the purpose of an initial application and
7        only until the building is put in service, an owner may
8        provide proof of either a deed restriction or
9        participation in a government program that includes
10        legally enforceable affordability requirements
11        comparable to the requirements of any or all of
12        subparagraphs (F), (G), (H), (I), and (J) of this
13        paragraph (1), and the chief county assessment officer
14        shall furnish a letter of intent to the applicant
15        indicating that a preliminary assessment of the new
16        construction or qualifying rehabilitation indicates
17        that it will meet all eligibility requirements of this
18        Section.
19        (1.1) In order for a development to receive the
20    reduced valuation under subsection (e), the owner must
21    provide evidence to the county assessor's office of a
22    fully executed project labor agreement entered into with
23    the applicable local building trades council, prior to
24    commencement of any and all construction, building,
25    renovation, demolition, or any material change to the
26    structure or land.

 

 

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1        (2) The application requirements contained in
2    paragraph (1) of subsection (f) are continuing
3    requirements for the duration of the reduction in assessed
4    value received and may be annually or periodically
5    verified by the chief county assessment officer for the
6    county whereby the benefit is being issued.
7        (3) In lieu of submitting an application containing
8    the information prescribed in paragraph (1) of subsection
9    (f), the chief county assessment officer may allow for
10    submission of a substantially similar certification
11    granted by the Illinois Housing Development Authority or a
12    comparable local authority provided that the chief county
13    assessment officer independently verifies the veracity of
14    the certification with the Illinois Housing Development
15    Authority or comparable local authority.
16        (4) The chief county assessment officer shall notify
17    the owner as to whether or not the property meets the
18    requirements of this Section. If the property does not
19    meet the requirements of this Section, the chief county
20    assessment officer shall provide written notice of any
21    deficiencies to the owner, who shall then have 30 days
22    from the date of notification to provide supplemental
23    information showing compliance with this Section. The
24    chief county assessment officer shall, in its discretion,
25    grant additional time to cure any deficiency. If the owner
26    does not exercise this right to cure the deficiency, or if

 

 

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1    the information submitted, in the sole judgment of the
2    chief county assessment officer, is insufficient to meet
3    the requirements of this Section, the chief county
4    assessment officer shall provide a written explanation of
5    the reasons for denial.
6        (5) The chief county assessment officer may charge a
7    reasonable application fee to offset the administrative
8    expenses associated with the program.
9        (6) The reduced valuation conferred by this Section is
10    limited as follows:
11            (A) The owner is eligible to apply for the reduced
12        valuation conferred by this Section beginning in the
13        first assessment year after the effective date of this
14        amendatory Act of the 102nd General Assembly through
15        December 31, 2027. If approved, the reduction will be
16        effective for the current assessment year, which will
17        be reflected in the tax bill issued in the following
18        calendar year. Owners that are approved for the
19        reduced valuation under paragraph (1) of subsection
20        (c) of this Section before December 31, 2027 shall, at
21        minimum, be eligible for annual renewal of the reduced
22        valuation during an initial 10-year period if annual
23        certification requirements are met for each of the 10
24        years, as described in subparagraph (B) of paragraph
25        (4) of subsection (d) of this Section.
26            (B) Property receiving a reduction outlined in

 

 

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1        paragraph (1) of subsection (c) of this Section shall
2        continue to be eligible for an initial period of up to
3        10 years if annual certification requirements are met
4        for each of the 10 years, but shall be extended for up
5        to 2 additional 10-year periods with annual renewals
6        if the owner continues to meet the requirements of
7        this Section, including annual certifications, and
8        excluding the requirements regarding new construction
9        or qualifying rehabilitation defined in subparagraph
10        (D) of paragraph (1) of this subsection.
11            (C) The annual certification materials in the year
12        prior to final year of eligibility for the reduction
13        in assessed value must include a dated copy of the
14        written notice provided to tenants informing them of
15        the date of the termination if the owner is not seeking
16        a renewal.
17            (D) If the property is sold or transferred, the
18        purchaser or transferee must comply with all
19        requirements of this Section, excluding the
20        requirements regarding new construction or qualifying
21        rehabilitation defined in subparagraph (D) of
22        paragraph (1) of this subsection, in order to continue
23        receiving the reduction in assessed value. Purchasers
24        and transferees who comply with all requirements of
25        this Section excluding the requirements regarding new
26        construction or qualifying rehabilitation defined in

 

 

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1        subparagraph (D) of paragraph (1) of this subsection
2        are eligible to apply for renewal on the schedule set
3        by the initial application.
4            (E) The owner may apply for the reduced valuation
5        if the residential real property meets all
6        requirements of this Section and the newly constructed
7        residential real property or improvements to existing
8        residential real property were put in service on or
9        after January 1, 2015. However, the initial 10-year
10        eligibility period or 30-year eligibility period,
11        depending on the applicable program, shall be reduced
12        by the number of years between the placed in service
13        date and the date the owner first receives this
14        reduced valuation.
15            (F) The owner may apply for the reduced valuation
16        within 2 years after the newly constructed residential
17        real property or improvements to existing residential
18        real property are put in service. However, the initial
19        10-year eligibility period or 30-year eligibility
20        period, depending on the applicable program, shall be
21        reduced for the number of years between the placed in
22        service date and the date the owner first receives
23        this reduced valuation.
24            (G) Owners of a multifamily building receiving a
25        reduced valuation through the Cook County Class 9
26        program during the year in which this amendatory Act

 

 

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1        of the 102nd General Assembly takes effect shall be
2        deemed automatically eligible for the reduced
3        valuation defined in paragraph (1) of subsection (c)
4        of this Section in terms of meeting the criteria for
5        new construction or substantial rehabilitation for a
6        specific multifamily building regardless of when the
7        newly constructed residential real property or
8        improvements to existing residential real property
9        were put in service. If a Cook County Class 9 owner had
10        Class 9 status revoked on or after January 1, 2017 but
11        can provide documents sufficient to prove that the
12        revocation was in error or any deficiencies leading to
13        the revocation have been cured, the chief county
14        assessment officer may deem the owner to be eligible.
15        However, owners may not receive both the reduced
16        valuation under this Section and the reduced valuation
17        under the Cook County Class 9 program in any single
18        assessment year. In addition, the number of years
19        during which an owner has participated in the Class 9
20        program shall count against the 3 10-year periods of
21        eligibility for the reduced valuation as defined in
22        subparagraph (1) of subsection (c) of this Section.
23            (H) At the completion of the assessment reduction
24        period described in this Section: the entire parcel
25        will be assessed as otherwise provided by law.
26    (g) (e) As used in this Section:

 

 

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1    "Affordable units" means units that have rents that do not
2exceed the maximum rents as defined in this Section.
3    "Assessed value for the residential real property in the
4base year" means the assessed value used to calculate the tax
5bill, as certified by the board of review, for the tax year
6immediately prior to the tax year in which the building permit
7is issued. For property assessed as other than residential
8property, the "assessed value for the residential real
9property in the base year" means the assessed value that would
10have been obtained had the property been classified as
11residential as derived from the board of review's certified
12market value the value in effect at the end of the taxable year
13prior to the latter of: (1) the date of initial application; or
14(2) the date on which 20% of the total number of units in the
15property are occupied by eligible tenants paying eligible rent
16under this Section.
17    "Household income" includes the annual income for all the
18people who occupy a housing unit that is anticipated to be
19received from a source outside of the family during the
2012-month period following admission or the annual
21recertification, including related family members and all the
22unrelated people who share the housing unit. Household income
23includes the total of the following income sources: wages,
24salaries and tips before any payroll deductions; net business
25income; interest and dividends; payments in lieu of earnings,
26such as unemployment and disability compensation, worker's

 

 

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1compensation and severance pay; Social Security income,
2including lump sum payments; payments from insurance policies,
3annuities, pensions, disability benefits and other types of
4periodic payments, alimony, child support, and other regular
5monetary contributions; and public assistance, except for
6assistance from the Supplemental Nutrition Assistance Program
7(SNAP). "Household income" does not include: earnings of
8children under age 18; temporary income such as cash gifts;
9reimbursement for medical expenses; lump sums from
10inheritance, insurance payments, settlements for personal or
11property losses; student financial assistance paid directly to
12the student or to an educational institution; foster child
13care payments; receipts from government-funded training
14programs; assistance from the Supplemental Nutrition
15Assistance Program (SNAP).
16    "Low affordability community" means (1) a municipality or
17jurisdiction with less than 1,000,000 inhabitants in which 40%
18or less of its total year-round housing units are affordable,
19as determined by the Illinois Housing Development Authority
20during the exemption determination process under the
21Affordable Housing Planning and Appeal Act; (2) "D" zoning
22districts as now or hereafter designated in the Chicago Zoning
23Ordinance; or (3) a jurisdiction located in a municipality
24with 1,000,000 or more inhabitants that has been designated as
25a low affordability community by passage of a local ordinance
26by that municipality, specifying the census tract or property

 

 

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1by permanent index number or numbers.
2    "Maximum income limits" means the maximum regular income
3limits for 60% of area median income for the geographic area in
4which the multifamily building is located for multifamily
5programs as determined by the United States Department of
6Housing and Urban Development and published annually by the
7Illinois Housing Development Authority.
8    "Maximum rent" means the maximum regular rent for 60% of
9the area median income for the geographic area in which the
10multifamily building is located for multifamily programs as
11determined by the United States Department of Housing and
12Urban Development and published annually by the Illinois
13Housing Development Authority. To be eligible for the reduced
14valuation defined in this Section, maximum rents are to be
15consistent with the Illinois Housing Development Authority's
16rules; or if the owner is leasing an affordable unit to a
17household with an income at or below the maximum income limit
18who is participating in qualifying income-based rental subsidy
19program, "maximum rent" means the maximum rents allowable
20under the guidelines of the qualifying income-based rental
21subsidy program.
22    "Qualifying income-based rental subsidy program" means a
23Housing Choice Voucher issued by a housing authority under
24Section 8 of the United States Housing Act of 1937, a tenant
25voucher converted to a project-based voucher by a housing
26authority or any other program administered or funded by a

 

 

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

 

 

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1this Section, the combined expenditure for making the building
2compliant with local codes and replacing primary building
3systems must be at least $12.50 per square foot for work
4completed between January 1 of the year in which this
5amendatory Act of the 102nd General Assembly takes effect and
6December 31 of the year in which this amendatory Act of the
7102nd General Assembly takes effect, and in subsequent years,
8$12.50 adjusted by the Consumer Price Index for All Urban
9Consumers, as published annually by the U.S. Department of
10Labor. To be approved for the reduced valuation under
11subsection (e) of this Section, the combined expenditure for
12making the building compliant with local codes and replacing
13primary building systems must be at least $60 per square foot
14for work completed between January 1 of the year that this
15amendatory Act of the 102nd General Assembly becomes effective
16and December 31 of the year that this amendatory Act of the
17102nd General Assembly becomes effective and, in subsequent
18years, $60 adjusted by the Consumer Price Index for All Urban
19Consumers, as published annually by the U.S. Department of
20Labor. "Primary building systems", together with their related
21rehabilitations, specifically approved for this program are:
22        (1) Electrical. All electrical work must comply with
23    applicable codes; it may consist of a combination of any
24    of the following alternatives:
25            (A) installing individual equipment and appliance
26        branch circuits as required by code (the minimum being

 

 

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

 

 

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

 

 

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

 

 

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

 

 

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

 

 

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1    Act. As used in this paragraph (11), "accessibility
2    improvements" means a home modification listed under the
3    Home Services Program administered by the Department of
4    Human Services (Part 686 of Title 89 of the Illinois
5    Administrative Code) including, but not limited to:
6    installation of ramps, grab bars, or wheelchair lifts;
7    widening doorways or hallways; re-configuring rooms and
8    closets; and any other changes to enhance the independence
9    of people with disabilities.
10        (12) Any applicant who has purchased the property in
11    an arm's length transaction not more than 90 days before
12    applying for this reduced valuation may use the cost of
13    rehabilitation or repairs required by documented code
14    violations, up to a maximum of $2 per square foot, to meet
15    the qualifying rehabilitation requirements.
16(Source: P.A. 102-175, eff. 7-29-21.)
 
17    Section 99. Effective date. This Act takes effect upon
18becoming law.