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90_SB1568ham002
LRB9009723PTbdam01
1 AMENDMENT TO SENATE BILL 1568
2 AMENDMENT NO. . Amend Senate Bill 1568 on page 1,
3 lines 1 and 2, by replacing "Section 9-55" with "Sections
4 9-55 and 10-20"; and
5 on page 1, line 6, by replacing "Section 9-55" with "Sections
6 9-55 and 10-20"; and
7 on page 2, below line 2, by inserting the following:
8 "(35 ILCS 200/10-20)
9 Sec. 10-20. Repairs and maintenance of residential
10 property. Maintenance and repairs to residential property
11 owned and used exclusively for a residential purpose shall
12 not increase the assessed valuation of the property. For
13 purposes of this Section, work shall be deemed repair and
14 maintenance when it (1) does not increase the square footage
15 of improvements and does not materially alter the existing
16 character and condition of the structure but is limited to
17 work performed to prolong the life of the existing
18 improvements or to keep the existing improvements in a well
19 maintained condition; and (2) employs materials, such as
20 those used for roofing or siding, whose value is not greater
21 than the replacement value of the materials being replaced.
22 Maintenance and repairs, as those terms are used in this
-2- LRB9009723PTbdam01
1 Section, to property that enhance the overall exterior and
2 interior appearance and quality of a residence by restoring
3 it from a state of disrepair to a standard state of repair do
4 not "materially alter the existing character and condition"
5 of the residence.
6 (Source: P.A. 80-1289; 80-1364; 88-455.)".