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92_HB3292ham002
LRB9205816SMcdam
1 AMENDMENT TO HOUSE BILL 3292
2 AMENDMENT NO. . Amend House Bill 3292, AS AMENDED,
3 by replacing everything after the enacting clause with the
4 following:
5 "Section 5. The Property Tax Code is amended by changing
6 Sections 8-55, 10-110, and 10-135 as follows:
7 (35 ILCS 200/8-55)
8 Sec. 8-55. Office of appraisals. Within the Department,
9 an Office of Appraisals shall assist local government
10 assessment officials, in counties of less than 3,000,000
11 inhabitants, with appraisal of commercial and industrial
12 properties having an assessment, prior to equalization by the
13 Department, of $350,000 or more. The Office of Appraisals
14 shall be staffed by 10 or more professional appraisers
15 qualified by experience and education as required by the
16 Department.
17 The Office shall provide assistance to assessors and
18 Supervisors of Assessments having a complaint or appeal
19 relating to the property to be appraised pending before the
20 Board of Review or the State Property Tax Appeal Board. Such
21 assistance shall be provided upon request, pursuant to a
22 written agreement between the Department and the assessing
-2- LRB9205816SMcdam
1 official making the request, specifying the project involved,
2 the time frame for making the appraisal, the purpose of the
3 appraisal and the responsibilities of the parties, including
4 agreement by the local assessing official that the appraisal
5 will be accepted and utilized in the pending complaint or
6 appeal.
7 (Source: P.A. 84-1454; 88-455.)
8 (35 ILCS 200/10-110)
9 Sec. 10-110. Farmland. The equalized assessed value of
10 a farm, as defined in Section 1-60 and if used as a farm for
11 the 2 preceding years, except tracts subject to assessment
12 under Section 10-145, shall be determined as described in
13 Sections 10-115 through 10-140. To assure proper
14 implementation of Sections 10-110 through 10-140, the
15 Department may withhold non-farm multipliers for any county
16 other than a county with more than 3,000,000 inhabitants that
17 classifies property for tax purposes.
18 (Source: P.A. 86-954; 88-455.)
19 (35 ILCS 200/10-135)
20 Sec. 10-135. Farmland not subject to equalization. The
21 assessed valuation of farmland assessed under Sections 10-110
22 through 10-130 shall not be subject to equalization by means
23 of State equalization factors. Equalization factors applied
24 by a chief county assessment officer or a Board of Review
25 under Sections 9-205 and 16-60 shall be applied to
26 assessments of farmland only to achieve assessments as
27 required by Sections 10-110 through 10-130. To assure proper
28 implementation of this Section, the Department may withhold
29 non-farm multipliers to any county, other than a county with
30 more than 3,000,000 inhabitants which classifies property for
31 tax purposes.
32 (Source: P.A. 86-954; 88-455.)".