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Public Act 103-0583 | ||||
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AN ACT concerning revenue. | ||||
Be it enacted by the People of the State of Illinois, | ||||
represented in the General Assembly: | ||||
Section 5. The Property Tax Code is amended by changing | ||||
Section 12-55 as follows: | ||||
(35 ILCS 200/12-55) | ||||
Sec. 12-55. Notice requirement if assessment is increased; | ||||
counties of 3,000,000 or more. | ||||
(a) In counties with 3,000,000 or more inhabitants, a | ||||
revision by the county assessor, except where such revision is | ||||
made on complaint of the owner, shall not increase an | ||||
assessment without notice to the person to whom the most | ||||
recent tax bill was mailed and an opportunity to be heard | ||||
before the assessment is verified. The county assessor shall | ||||
continue to accept appeals from the taxpayer for a period of | ||||
not less than 30 business days from the later of the date the | ||||
assessment notice is mailed as provided in this subsection or | ||||
is published on the assessor's website. When a notice is | ||||
mailed by the county assessor to the address of a mortgagee, | ||||
the mortgagee, within 7 business days after the mortgagee | ||||
receives the notice, shall forward a copy of the notice to each | ||||
mortgagor of the property referred to in the notice at the last | ||||
known address of each mortgagor as shown on the records of the |
mortgagee. There shall be no liability for the failure of the | ||
mortgagee to forward the notice to each mortgagor. The | ||
assessor may provide for the filing of complaints and make | ||
revisions at times other than those dates published under | ||
Section 14-35. When the county assessor has completed the | ||
revision and correction and entered the changes and revision | ||
in the assessment books, an affidavit shall be attached to the | ||
assessment books in the form required by law, signed by the | ||
county assessor. | ||
(b) In counties with 3,000,000 or more inhabitants, for | ||
parcels, other than parcels in the class that includes the | ||
majority of the single-family residential parcels under a | ||
county ordinance adopted in accordance with Section 4 of | ||
Article IX of the Illinois Constitution, located in the | ||
assessment district for which the current assessment year is a | ||
general assessment year, within 30 days after sending the | ||
required notices under this Section, the county assessor shall | ||
file with the board of appeals (until the first Monday in | ||
December 1998, and the board of review beginning the first | ||
Monday in December 1998 and thereafter) a list of the parcels | ||
for which the notices under this Section were sent, showing | ||
the following information for each such parcel: the parcel | ||
index number, the township in which the parcel is located, the | ||
class for the current year, the previous year's final total | ||
assessed value, the total assessed value proposed by the | ||
county assessor, and the name of the person to whom the notice |
required under this Section was sent. The list shall be | ||
available for public inspection at the office of the board | ||
during the regular office hours of the board. The list shall be | ||
retained by the board for at least 10 years after the date it | ||
is initially filed by the county assessor. | ||
(c) The provisions of subsection (b) of this Section shall | ||
be applicable beginning with the assessment for the 1997 tax | ||
year. | ||
(Source: P.A. 90-4, eff. 3-7-97; 91-751, eff. 6-2-00.) |