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[ House Amendment 001 ] |
92_HB1714 LRB9201387SMdvC 1 AN ACT in relation to taxes. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Property Tax Code is amended by changing 5 Section 20-178 as follows: 6 (35 ILCS 200/20-178) 7 Sec. 20-178. Certificate of error; refund; interest. 8 When the county collector makes any refunds due on 9 certificates of error issued under Sections 14-15 through 10 14-25 that have been either certified or adjudicated, the 11 county collector shall pay the taxpayer interest on the 12 amount of the refund at the rate of 0.5% per month. 13 No interest shall be due under this Section for any time 14 prior to 60 days after July 30, 1999 (the effective date of 15 Publicthis amendatoryAct 91-393)of the 91st General16Assembly. For certificates of error issued prior July 30, 17 1999 (tothe effective date of Publicthis amendatoryAct 18 91-393)of the 91st General Assembly, the county collector 19 shall pay the taxpayer interest from 60 days after July 30, 20 1999 (the effective date of Publicthis amendatoryAct 21 91-393)of the 91st General Assemblyuntil the date the 22 refund is paid. For certificates of error issued on or after 23 July 30, 1999 (the effective date of Publicthis amendatory24 Act 91-393) and before the effective date of this amendatory 25 Act of the 92nd General Assemblyof the 91st General26Assembly, interest shall be paid from 60 days after the 27 certificate of error is issued by the chief county assessment 28 officer to the date the refund is made. For certificates of 29 error issued on or after the effective date of this 30 amendatory Act of the 92nd General Assembly, interest shall 31 be paid from 60 days after the submission of a completed -2- LRB9201387SMdvC 1 refund application to the county collector. To cover the cost 2 of interest, the county collector shall proportionately 3 reduce the distribution of taxes collected for each taxing 4 district in which the property is situated. 5 For purposes of this Section, "completed refund 6 application" means (i) completion of the requisite forms 7 supplied by the county treasurer and presentation of legible 8 photocopies of the payment receipt issued by the county 9 treasurer or photocopies of the front and back of the 10 negotiated instrument used to make the payment for the tax 11 year upon which a refund is sought or (ii) such other proof 12 as may be deemed necessary by the county treasurer. If a 13 petitioner cannot provide proof of payment or such other 14 proof as requested by the county treasurer, the petitioner 15 shall have available to him or her the remedies afforded in 16 Section 20-175. 17 This Section shall not apply to any certificate of error 18 granting a homestead exemption under Section 15-170, 15-172, 19 or 15-175. 20 (Source: P.A. 91-393, eff. 7-30-99.) 21 Section 99. Effective date. This Act takes effect upon 22 becoming law.