SB1403sam001 98TH GENERAL ASSEMBLY

Sen. Michael Noland

Filed: 3/13/2013

09800SB1403sam001 LRB098 07189 HLH 42871 a

AMENDMENT TO SENATE BILL 1403

AMENDMENT NO. ______. Amend Senate Bill 1403 on page 3, line 20, after the period, by inserting "If the requested reduction in assessed valuation is greater than 25%, however, the taxpayer shall pay at least 75% of the tax due. The taxpayer shall notify all taxing districts, as shown on the current tax bill, of the amount of tax paid."; and

on page 4, line 20, after "requested.", by inserting "If the requested reduction in assessed valuation is greater than 25%, however, the taxpayer shall pay at least 75% of the tax due. Any taxpayer electing to make a partial payment of the tax due shall first have notified all taxing districts, as shown on the last available tax bill, of the taxpayer's intention to file a tax objection complaint. That notification shall be made (i) within 30 days after the written notice of the decision of the board of review in counties with less than 3,000,000 inhabitants, or (ii) within 30 days after the board of review notice or within 30 days after the date the board of review transmits to the county assessor, pursuant to Section 16-125, its final action on the township in which the property is located, whichever is later, in counties with 3,000,000 or more inhabitants.".