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91_HB0134sam002
SRS91HB0134NCcbam05
1 AMENDMENT TO HOUSE BILL 134
2 AMENDMENT NO. . Amend House Bill 134 by replacing
3 everything after the enacting clause with the following:
4 "Section 5. The Property Tax Code is amended by adding
5 the Division 11 heading of Article 10 and Section 10-240 as
6 follows:
7 (35 ILCS 200/Art. 10, Div. 11 heading new)
8 DIVISION 11. VETERANS ORGANIZATION PROPERTY
9 (35 ILCS 200/10-240 new)
10 Sec. 10-240. Veterans organization assessment freeze.
11 (a) For the taxable year 2000 and thereafter, the
12 assessed value of real property owned and used by a veterans
13 organization chartered under federal law, on which is located
14 the principal building for the post, camp, or chapter, must
15 be frozen by the chief county assessment officer at (i) 85%
16 of the 1999 assessed value of the property for property that
17 qualifies for the assessment freeze in taxable year 2000 or
18 (ii) 85% of the assessed value of the property for the
19 taxable year that the property first qualifies for the
20 assessment freeze after taxable year 2000. If, in any year,
21 improvements or additions are made to the property that would
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1 increase the assessed value of the property were it not for
2 this Section, then 85% of the assessed value of such
3 improvements shall be added to the assessment of the property
4 for that year and all subsequent years.
5 (b) The veterans organization must annually submit an
6 application to the chief county assessment officer on or
7 before December 31 of the assessment year. The initial
8 application must contain the information required by the
9 Department of Revenue, including (i) a copy of the
10 organization's congressional charter, (ii) the location or
11 description of the property on which is located the principal
12 building for the post, camp, or chapter, (iii) a written
13 instrument evidencing that the organization is the record
14 owner or has a legal or equitable interest in the property,
15 (iv) an affidavit that the organization is liable for paying
16 the real property taxes on the property, and (v) the
17 signature of the organization's chief presiding officer.
18 Subsequent applications shall include any changes in the
19 initial application and shall be signed by the organization's
20 chief presiding officer. All applications shall be
21 notarized.
22 (c) This Section shall not apply to parcels assessed
23 under Section 15-145.
24 Section 90. The State Mandates Act is amended by adding
25 Section 8.23 as follows:
26 (30 ILCS 805/8.23 new)
27 Sec. 8.23. Exempt mandate. Notwithstanding Sections 6
28 and 8 of this Act, no reimbursement by the State is required
29 for the implementation of any mandate created by this
30 amendatory Act of 1999.
31 Section 99. Effective date. This Act takes effect July
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1 4, 1999.".