State of Illinois
90th General Assembly

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      35 ILCS 200/16-130
          Amends the Property Tax Code.  Makes technical changes in
      the Section concerning exemption procedures.
 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.)

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