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90_SB0047
35 ILCS 200/16-130
Amends the Property Tax Code. Makes technical changes in
the Section concerning exemption procedures.
LRB9001089KDks
LRB9001089KDks
1 AN ACT to amend the Property Tax Code by changing Section
2 16-130.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Property Tax Code is amended by changing
6 Section 16-130 as follows:
7 (35 ILCS 200/16-130)
8 Sec. 16-130. Exemption procedures; board of appeals;
9 board of review. Whenever the board of appeals (until the
10 first Monday in December 1998 and the board of review
11 beginning the first Monday in December 1998 and thereafter)
12 in any county with 3,000,000 or more inhabitants determines
13 that any property is or is not exempt from taxation, the
14 decision of the board shall not be final, except as to
15 homestead exemptions. Upon filing of any application for an
16 exemption that which would, if approved, reduce the assessed
17 valuation of any property by more than $100,000, other than a
18 homestead exemption, the owner shall give timely notice of
19 the application by mailing a copy of it to any municipality,
20 school district, and community college district in which such
21 property is situated. Failure of a municipality, school
22 district, or community college district to receive the notice
23 shall not invalidate any exemption. The board shall give the
24 municipalities, school districts, and community college
25 districts and the taxpayer an opportunity to be heard. In all
26 exemption cases other than homestead exemptions, the
27 secretary of the board shall comply with the provisions of
28 Section 5-15. The Department shall then determine whether the
29 property is or is not legally liable to taxation. It shall
30 notify the board of its decision and the board shall correct
31 the assessment accordingly, if necessary. The decision of the
-2- LRB9001089KDks
1 Department is subject to review under Sections 8-35 and 8-40.
2 The extension of taxes on any assessment shall not be delayed
3 by any proceedings under this paragraph, and, in case the
4 property is determined to be exempt, any taxes extended upon
5 the unauthorized assessment shall be abated or, if already
6 paid, shall be refunded.
7 (Source: P.A. 88-455; 89-126, eff. 7-11-95; 89-671, eff.
8 8-14-96.)