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91_SB0375
LRB9103087PTsb
1 AN ACT to amend the Property Tax Code by changing Section
2 16-180.
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 16-180 as follows:
7 (35 ILCS 200/16-180)
8 Sec. 16-180. Procedure for determination of correct
9 assessment. The Property Tax Appeal Board shall establish by
10 rules an informal procedure for the determination of the
11 correct assessment of property that which is the subject of
12 an appeal. The procedure, to the extent that the Board
13 considers practicable, shall eliminate formal rules of
14 pleading, practice and evidence, and except for any
15 reasonable filing fee determined by the Board, may provide
16 that costs shall be in the discretion of the Board. A copy of
17 the appellant's petition shall be mailed by the clerk of the
18 Property Tax Appeal Board to the board of review or board of
19 appeals whose decision is being appealed. In all cases where
20 a change in assessed valuation of $100,000 or more is sought,
21 the board of review or board of appeals shall serve a copy of
22 the petition on all taxing districts as shown on the last
23 available tax bill. The chairman of the Property Tax Appeal
24 Board shall provide for the speedy hearing of all such
25 appeals. All appeals shall be considered de novo. Where no
26 complaint has been made to the board of review of the county
27 where the property is located and the appeal is based solely
28 on the effect of an equalizing factor assigned to all
29 property or to a class of property by the board of review,
30 the Property Tax Appeal Board shall not grant a reduction in
31 assessment greater than the amount that was added as the
-2- LRB9103087PTsb
1 result of the equalizing factor.
2 (Source: P.A. 88-455; 89-671, eff. 8-14-96.)