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92_HB2378eng HB2378 Engrossed LRB9206066SMdv 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 12-55 as follows: 6 (35 ILCS 200/12-55) 7 Sec. 12-55. Notice requirement if assessment is 8 increased; counties of 3,000,000 or more. 9 (a) In counties with 3,000,000 or more inhabitants, a 10 revision by the county assessor, except where such revision 11 is made on complaint of the owner or, beginning with the 2001 12 assessment year, such revision causes a change in all 13 assessments in a particular class in any township or 14 assessment district within the county, shall not increase an 15 assessment without notice to the person to whom the most 16 recent tax bill was mailed and an opportunity to be heard 17 before the assessment is verified. When a notice is mailed by 18 the county assessor to the address of a mortgagee, the 19 mortgagee, within 7 business days after the mortgagee 20 receives the notice, shall forward a copy of the notice to 21 each mortgagor of the property referred to in the notice at 22 the last known address of each mortgagor as shown on the 23 records of the mortgagee. There shall be no liability for 24 the failure of the mortgagee to forward the notice to each 25 mortgagor. If such revision causes a change in all 26 assessments in a particular class of property in any township 27 or assessment district within the county, notice shall be 28 given by publication of the amount of the change. The 29 publication shall be printed in a newspaper or in newspapers 30 of general circulation published in the township or 31 assessment district in which the change occurred. The HB2378 Engrossed -2- LRB9206066SMdv 1 assessor may provide for the filing of complaints and make 2 revisions at times other than those dates published under 3 Section 14-35. When the county assessor has completed the 4 revision and correction and entered the changes and revision 5 in the assessment books, an affidavit shall be attached to 6 the assessment books in the form required by law, signed by 7 the county assessor. 8 (b) In counties with 3,000,000 or more inhabitants, for 9 parcels, other than parcels in the class that includes the 10 majority of the single-family residential parcels under a 11 county ordinance adopted in accordance with Section 4 of 12 Article IX of the Illinois Constitution, located in the 13 assessment district for which the current assessment year is 14 a general assessment year, within 30 days after sending the 15 required notices under this Section, the county assessor 16 shall file with the board of appeals (until the first Monday 17 in December 1998, and the board of review beginning the first 18 Monday in December 1998 and thereafter) a list of the parcels 19 for which the notices under this Section were sent, showing 20 the following information for each such parcel: the parcel 21 index number, the township in which the parcel is located, 22 the class for the current year, the previous year's final 23 total assessed value, the total assessed value proposed by 24 the county assessor, and the name of the person to whom the 25 notice required under this Section was sent. The list shall 26 be available for public inspection at the office of the board 27 during the regular office hours of the board. The list shall 28 be retained by the board for at least 10 years after the date 29 it is initially filed by the county assessor. 30 (c) The provisions of subsection (b) of this Section 31 shall be applicable beginning with the assessment for the 32 1997 tax year. 33 (Source: P.A. 90-4, eff. 3-7-97; 91-751, eff. 6-2-00.) HB2378 Engrossed -3- LRB9206066SMdv 1 Section 99. Effective date. This Act takes effect upon 2 becoming law.