RIVERBOAT GAMBLING-INCREASE TX
Synopsis of Bill as introduced:
Amends the Property Tax Code. In Cook County, (i) requires
disclosure of certain information in valuation appeals concerning
commercial or industrial properties and (ii) sets certain requirements
when an appeal requests a change in assessed value of $100,000 or
more. With respect to the Property Tax Appeal Board, provides (i)
that in an appeal to PTAB there is a rebuttable presumption that the
board of review decision is correct, (ii) in a "market value" appeal
the applicant has a "preponderance" burden of proof, and (iii) in a
"uniformity" appeal the appellant has a "clear and convincing" burden
of proof. Requires "debasing the market value" for certain
assessments. Sets requirements for opinion testimony. Makes other
changes. Effective immediately.
FISCAL NOTE (Property Tax Appeal Board)
HB 2381 would not require the expenditure of State funds.
Likewise, it would not affect State revenues.
STATE MANDATE NOTE (Dept. of Commerce and Community Affairs)
In the opinion of DCCA, HB 2381 creates a due process mandate
for which reimbursement of the increased costs to units of
local government is not required under the State Mandates Act.
HOME RULE NOTE (Dept. of Commerce and Community Affairs)
HB 2381 does not preempt home rule authority.
SENATE AMENDMENT NO. 1.
Deletes reference to:
35 ILCS 200/16-169 new
35 ILCS 200/16-170
35 ILCS 200/16-180
Adds reference to:
230 ILCS 10/12 from Ch. 120, par. 2412
230 ILCS 10/13 from Ch. 120, par. 2413
Deletes everything. Amends the Riverboat Gambling Act. Increases
the wagering tax rate and the admissions tax. Effective immediately.
Last action on Bill: PUBLIC ACT.............................. 92-0595
Last action date: JUN-28-2002
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1
END OF INQUIRY
Full Text Bill Status