093_HB2408

 
                                     LRB093 07264 SJM 07422 b

 1        AN ACT concerning 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 9-260 as follows:

 6        (35 ILCS 200/9-260)
 7        Sec.  9-260.  Assessment of omitted property; counties of
 8    3,000,000 or more.  After signing the affidavit,  the  county
 9    assessor  shall  have  power,  when  directed by the board of
10    appeals (until the first Monday  in  December  1998  and  the
11    board  of  review beginning the first Monday in December 1998
12    and thereafter), or on his or her own initiative,  to  assess
13    properties  which  may have been omitted from assessments for
14    the current year or during any year or years  for  which  the
15    property  was  liable  to be taxed, and for which the tax has
16    not been paid, but only on notice and an  opportunity  to  be
17    heard in the manner and form required by law, and shall enter
18    the assessments upon the assessment books.  No charge for tax
19    of  previous  years shall be made against any property if (a)
20    the property was last assessed as unimproved, (b)  the  owner
21    of  such  property gave notice of subsequent improvements and
22    requested a reassessment as required by  Section  9-180,  and
23    (c)  reassessment  of the property was not made within the 16
24    month  period  immediately  following  the  receipt  of  that
25    notice. If the omitted assessment is for 2 or more years  and
26    there is evidence of ministerial error, then the assessor may
27    recommend to the county collector an installment payment plan
28    for  the  taxes  billed  as omitted assessments. The assessor
29    shall have no power to change the  assessment  or  alter  the
30    assessment books in any other manner or for any other purpose
31    so  as  to change or affect the taxes in that year, except as
 
                            -2-      LRB093 07264 SJM 07422 b
 1    ordered by the board of appeals (until the  first  Monday  in
 2    December  1998  and  the  board of review beginning the first
 3    Monday in December 1998 and thereafter).  The county assessor
 4    shall make all changes and corrections ordered by  the  board
 5    of  appeals  (until the first Monday in December 1998 and the
 6    board of review beginning the first Monday in  December  1998
 7    and  thereafter).  The county assessor may for the purpose of
 8    revision by the board of appeals (until the first  Monday  in
 9    December  1998  and  the  board of review beginning the first
10    Monday  in  December  1998  and   thereafter)   certify   the
11    assessment  books  for  any  town or taxing district after or
12    when such books are completed.
13    (Source: P.A. 88-455;  89-126,  eff.  7-11-95;  89-671,  eff.
14    8-14-96.)

15        Section  99.  Effective date.  This Act takes effect upon
16    becoming law.