Full Text of HB4512 103rd General Assembly
HB4512 103RD GENERAL ASSEMBLY | | | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 HB4512 Introduced 1/31/2024, by Rep. Cyril Nichols SYNOPSIS AS INTRODUCED: | | | Amends the Property Tax Code. Provides that, in counties with less than 3,000,000 inhabitants, the assessment list may be posted on the chief county assessment officer's website. |
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| | 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 12-10 as follows: | 6 | | (35 ILCS 200/12-10) | 7 | | Sec. 12-10. Publication of assessments; counties of less | 8 | | than 3,000,000. In counties with less than 3,000,000 | 9 | | inhabitants, as soon as the chief county assessment officer | 10 | | has completed the assessment in the county or in the | 11 | | assessment district, he or she shall, in each year of a general | 12 | | assessment, publish for the county or assessment district a | 13 | | complete list of the assessment, by townships if so organized. | 14 | | In years other than years of a general assessment, the chief | 15 | | county assessment officer shall publish a list of property for | 16 | | which assessments have been added or changed since the | 17 | | preceding assessment, together with the amounts of the | 18 | | assessments, except that publication of individual assessment | 19 | | changes shall not be required if the changes result from | 20 | | equalization by the supervisor of assessments under Section | 21 | | 9-210, or Section 10-200, in which case the list shall include | 22 | | a general statement indicating that assessments have been | 23 | | changed because of the application of an equalization factor |
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| 1 | | and shall set forth the percentage of increase or decrease | 2 | | represented by the factor. The publication shall be made on or | 3 | | before December 31 of that year, and shall be printed in some | 4 | | public newspaper or newspapers published in the county or | 5 | | posted on the chief county assessment officer's website . In | 6 | | every township or assessment district in which there is | 7 | | published one or more newspapers of general circulation, if | 8 | | the publication is not posted on the chief county assessment | 9 | | officer's website, the list of that township shall be | 10 | | published in one of the newspapers. | 11 | | At the top of the list of assessments there shall be a | 12 | | notice in substantially the following form printed in type no | 13 | | smaller than eleven point: | 14 | | "NOTICE TO TAXPAYERS | 15 | | Median Level of Assessment--(insert here the median level | 16 | | of assessment for the assessment district) | 17 | | Your property is to be assessed at the above listed median | 18 | | level of assessment for the assessment district. You may check | 19 | | the accuracy of your assessment by dividing your assessment by | 20 | | the median level of assessment. The resulting value should | 21 | | equal the estimated fair cash value of your property. If the | 22 | | resulting value is greater than the estimated fair cash value | 23 | | of your property, you may be over-assessed. If the resulting | 24 | | value is less than the fair cash value of your property, you | 25 | | may be under-assessed. You may appeal your assessment to the | 26 | | Board of Review." |
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| 1 | | The notice published under this Section shall also include | 2 | | the following: | 3 | | (1) A statement advising the taxpayer that assessments | 4 | | of property, other than farm land and coal, are required | 5 | | by law to be assessed at 33 1/3% of fair market value. | 6 | | (2) The name, address, phone number, office hours, | 7 | | and, if one exists, the website address of the assessor. | 8 | | (3) A statement advising the taxpayer of the steps to | 9 | | follow if the taxpayer believes the full fair market value | 10 | | of the property is incorrect or believes the assessment is | 11 | | not uniform with other comparable properties in the same | 12 | | neighborhood. The statement shall also (i) advise all | 13 | | taxpayers to contact the township assessor's office, in | 14 | | those counties under township organization, first to | 15 | | review the assessment, (ii) advise all taxpayers to file | 16 | | an appeal with the board of review if not satisfied with | 17 | | the assessor review, and (iii) give the phone number to | 18 | | call for a copy of the board of review rules; if the Board | 19 | | of Review maintains a web site, the notice must also | 20 | | include the address of the website where the Board of | 21 | | Review rules can be viewed. | 22 | | (4) A statement advising the taxpayer that there is a | 23 | | deadline date for filing an appeal with the board of | 24 | | review and indicating that deadline date (30 days | 25 | | following the scheduled publication date). | 26 | | (5) A brief explanation of the relationship between |
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| 1 | | the assessment and the tax bill. | 2 | | (6) In bold type, a notice of possible eligibility for | 3 | | the various homestead exemptions as provided in Section | 4 | | 15-165 through Section 15-175 and Section 15-180. | 5 | | The newspaper shall furnish to the local assessment | 6 | | officers as many copies of the paper containing the assessment | 7 | | list as they may require. | 8 | | (Source: P.A. 97-146, eff. 7-14-11.) |
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