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92_HB3292
LRB9205816SMdv
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 8-55 as follows:
6 (35 ILCS 200/8-55)
7 Sec. 8-55. Office of appraisals. Within the Department,
8 an Office of Appraisals shall assist local government
9 assessment officials, in counties of less than 3,000,000
10 inhabitants, with appraisal of commercial and industrial
11 properties having an assessment, prior to equalization by the
12 Department, of $350,000 or more. The Office of Appraisals
13 shall be staffed by 10 or more professional appraisers
14 qualified by experience and education as required by the
15 Department.
16 The Office shall provide assistance to assessors and
17 Supervisors of Assessments having a complaint or appeal
18 relating to the property to be appraised pending before the
19 Board of Review or the State Property Tax Appeal Board. Such
20 assistance shall be provided upon request, pursuant to a
21 written agreement between the Department and the assessing
22 official making the request, specifying the project involved,
23 the time frame for making the appraisal, the purpose of the
24 appraisal and the responsibilities of the parties, including
25 agreement by the local assessing official that the appraisal
26 will be accepted and utilized in the pending complaint or
27 appeal.
28 (Source: P.A. 84-1454; 88-455.) 5816