HC0033 102ND GENERAL ASSEMBLY

LRB102 17700 HLH 23668 e

102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HOUSE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT
HC0033

Introduced , by Rep. David A. Welter

SYNOPSIS AS INTRODUCED:

ILCON Art. IX, Sec. 4

Proposes to amend the Revenue Article of the Illinois Constitution. Provides that the aggregate real property tax rate imposed on a particular property by a county or other taxing district shall not exceed 1.5% of the fair market value of that property unless the voters of the taxing district approve an increase above the 1.5% rate by three-fifths of the registered voters in the taxing district. Effective upon being declared adopted.

HOUSE JOINT RESOLUTION

CONSTITUTIONAL AMENDMENT

RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE HUNDRED SECOND GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE SENATE CONCURRING HEREIN, that there shall be submitted to the electors of the State for adoption or rejection at the general election next occurring at least 6 months after the adoption of this resolution a proposition to amend Section 4 of Article of IX of the Illinois Constitution as follows:

ARTICLE IX

REVENUE

(ILCON Art. IX, Sec. 4)

SECTION 4. REAL PROPERTY TAXATION

(a) Except as otherwise provided in this Section, taxes upon real property shall be levied uniformly by valuation ascertained as the General Assembly shall provide by law.

(b) Subject to such limitations as the General Assembly may hereafter prescribe by law, counties with a population of more than 200,000 may classify or continue to classify real property for purposes of taxation. Any such classification shall be reasonable and assessments shall be uniform within each class. The level of assessment or rate of tax of the highest class in a county shall not exceed two and one-half times the level of assessment or rate of tax of the lowest class in that county. Real property used in farming in a county shall not be assessed at a higher level of assessment than single family residential real property in that county.

(c) Any depreciation in the value of real estate occasioned by a public easement may be deducted in assessing such property.

(d) The aggregate real property tax rate imposed on a particular property by a county or other taxing district shall not exceed 1.5% of the fair market value of that property unless the voters of the taxing district approve an increase above the one and one half percent rate by three-fifths of the registered voters in the taxing district.

(Source: Illinois Constitution.)

SCHEDULE

This Constitutional Amendment takes effect upon being declared adopted in accordance with Section 7 of the Illinois Constitutional Amendment Act.