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Illinois Compiled Statutes
Information maintained by the Legislative Reference Bureau Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide. Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.
REVENUE (35 ILCS 200/) Property Tax Code. 35 ILCS 200/17-20
(35 ILCS 200/17-20)
Sec. 17-20. Hearing on tentative equalization factor. The Department
shall, after publishing its tentative equalization factor and giving notice
of hearing to the public in a newspaper of general circulation in the county,
hold a hearing on its estimate not less than 10 days nor more than 30 days from
the date of the publication. The notice shall state the provided hearing platform and accessibility instructions, date, and time of the
hearing, the basis for
the estimate of the Department, and further information as the Department may
prescribe. The Department shall, after giving a hearing to all interested
parties and opportunity for submitting testimony and evidence in support of or
adverse to the estimate as the Department considers requisite, either confirm
or revise the estimate so as to correctly represent the considered judgment of
the Department respecting the estimated percentage to be added to or deducted
from the aggregate assessment of all locally assessed property in the county
except property assessed under Sections 10-110 through 10-140 or 10-170 through
10-200. Within 30 days after the conclusion of the hearing the Department
shall mail to the County Clerk, by certified mail, its determination with
respect to such estimated percentage to be added to or deducted from the
aggregate assessment.
(Source: P.A. 102-1019, eff. 1-1-23 .)
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35 ILCS 200/17-25
(35 ILCS 200/17-25)
Sec. 17-25.
Application of final equalization factor.
The assessments of
all property, other than property assessed under Sections 10-110 through 10-140
and 10-170 through 10-200, as returned by the county clerks, shall be
equalized by adding to the aggregate assessed value thereof in every county in
which the Department finds the valuation to be less than 33 1/3% of the fair
cash value of the property, the rate per cent which will raise the aggregate
assessed valuation to 33 1/3% of fair cash value, and by deducting from the
aggregate assessed value thereof, in every county in which the
Department finds the valuation to be more than 33 1/3% of the fair cash value,
the rate per cent which will reduce the aggregate assessed valuation to
33 1/3% of fair cash value.
However, no equalization factor shall be certified by the Department to
raise or reduce the aggregate assessed value of any county in
which
the aggregate assessed value of property other than that assessed under the
Sections cited above, is more than 99% and less than 101% of 33 1/3% of fair
cash value.
(Source: P.A. 91-555, eff. 1-1-00.)
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35 ILCS 200/17-30
(35 ILCS 200/17-30)
Sec. 17-30.
Certification of final equalization factor.
When the
Department has
completed its equalization of assessments in each year, it shall certify to
each county clerk the percentage finally determined by it
to be added to or
deducted from the listed or assessed valuation of property in the county as
returned by the county clerk.
(Source: P.A. 91-555, eff. 1-1-00.)
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35 ILCS 200/17-35
(35 ILCS 200/17-35)
Sec. 17-35.
Certification of assessments.
The Department shall certify to the county clerks of the proper
counties the assessments made by it on certified pollution control
facilities, low sulfur dioxide emission coal fueled devices and on property
owned or used by railroad companies operating within this State, along with the
distribution of those railroad assessments among the respective taxing
districts within the counties. The county clerks shall extend the taxes for all
purposes on the amounts so certified, in the same manner as taxes are extended
against other property in the taxing districts in which the pollution control
facilities, low sulfur dioxide emission coal fueled devices and railroad
property are allocated or distributed.
(Source: P.A. 91-555, eff. 1-1-00.)
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35 ILCS 200/17-40
(35 ILCS 200/17-40)
Sec. 17-40.
Publication of final equalization factor.
The Department
shall publish in each county the percentage and equalization factor certified
to each county clerk under Section 17-30. If the percentage differs from the
percentage derived from the initial estimate certified under Section 17-15, a
statement as to the basis for the final percentage shall also be published.
The Department shall provide the statement to any member of the public upon
request.
(Source: P.A. 79-703; 88-455.)
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35 ILCS 200/Tit. 6
(35 ILCS 200/Tit. 6 heading)
TITLE 6.
LEVY AND EXTENSION
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35 ILCS 200/Art. 18
(35 ILCS 200/Art. 18 heading)
Article 18.
Levy and Extension Process
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35 ILCS 200/Art. 18 Div. 1
(35 ILCS 200/Art. 18 Div. 1 heading)
Division 1.
Levying process
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35 ILCS 200/18-10
(35 ILCS 200/18-10)
Sec. 18-10.
County levies.
The county board of each county with less than
3,000,000 inhabitants shall, annually, at the September session, determine the
amount of county taxes to be levied for all purposes. Any county with less than
3,000,000 inhabitants which has changed its fiscal year may, at the September
session or at any adjourned meeting thereof, instead of determining the amount
of all county taxes to be levied for a one-year period, determine the amount of
taxes to be levied during a period greater or less than a year as required by
the change of the fiscal year. The county board of each county with 3,000,000
or more inhabitants shall, annually, prior to the third Monday of March,
determine the amount of county taxes to be levied for all purposes. The amount
for each purpose shall be stated separately. All counties shall certify to the
county clerk annually, on or before the last Tuesday in December the amounts
that they have levied.
(Source: P.A. 87-17; 88-455.)
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35 ILCS 200/18-15 (35 ILCS 200/18-15) Sec. 18-15. Filing of levies of taxing districts. (a) Notwithstanding any other law to the contrary, all taxing districts, other than a school district subject to the authority of a Financial Oversight Panel pursuant to Article 1H of the School Code, and except as provided in Section 18-17, shall annually certify to the county clerk, on or before the last Tuesday in December, the several amounts that they have levied. (a-5) Certification to the county clerk under subsection (a), including any supplemental or supportive documentation, may be submitted electronically. (b) A school district subject to the authority of a Financial Oversight Panel pursuant to Article 1H of the School Code shall file a certificate of tax levy, necessary to effect the implementation of the approved financial plan and the approval of the Panel, as otherwise provided by this Section, except that the certificate must be certified to the county clerk on or before the first Tuesday in November. (c) If a school district as specified in subsection (b) of this Section fails to certify and return the certificate of tax levy, necessary to effect the implementation of the approved financial plan and the approval of the Financial Oversight Panel, to the county clerk on or before the first Tuesday in November, then the Financial Oversight Panel for the school district shall proceed to adopt, certify, and return a certificate of tax levy for the school district to the county clerk on or before the last Tuesday in December. (Source: P.A. 102-625, eff. 1-1-22; 103-592, eff. 6-7-24.) |
35 ILCS 200/18-17 (35 ILCS 200/18-17) (Section scheduled to be repealed on January 1, 2025) Sec. 18-17. Supplemental levy for LaMoille Community Unit School District #303. Notwithstanding any other provision of law, LaMoille Community Unit School District #303 may, by ordinance adopted on or before June 30, 2024, amend or supplement its levy for the 2023 tax year for taxes scheduled to be collected in calendar year 2024. The District shall certify the amount of the amended or supplemental levy to the county clerk as soon as possible after the amended or supplemental levy is adopted, and the county clerk shall include those amounts in the extension of taxes for the 2023 tax year. In no event shall the amended or supplemental levy adopted under this Section cause the District's property tax rate for the 2023 tax year to exceed the District's limiting rate under the Property Tax Extension Limitation Law or any other limitation on the extension of property taxes applicable to the District. This Section is repealed on January 1, 2025.
(Source: P.A. 103-592, eff. 6-7-24.) |
35 ILCS 200/18-20
(35 ILCS 200/18-20)
Sec. 18-20.
Abatement of levies.
(a) Notwithstanding any other law to the contrary, if any taxing district
receives funds under Section 12 of the State Revenue Sharing Act, which may
lawfully be used by the district, the governing authority of the district, upon
determining that a surplus of funds is available for any purpose, shall adopt a
resolution or ordinance reducing its tax levy for the year for which the
resolution or ordinance is adopted.
(b) If any taxing district reduces its levy, the governing authority of the
district shall certify its action to the county clerk of each county collecting
those taxes. The county clerk shall abate the levy of the district in
accordance with the provisions of the certified resolution or ordinance.
(Source: P.A. 81-1255; 88-455.)
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35 ILCS 200/18-25
(35 ILCS 200/18-25)
Sec. 18-25.
County clerk to provide collector's books.
The county clerk
shall, annually, make out for the use of collectors, in books to be furnished
by the county, correct lists of taxable property, as assessed and equalized.
(Source: Laws 1939, p. 886; P.A. 88-455.)
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35 ILCS 200/18-30
(35 ILCS 200/18-30)
Sec. 18-30.
Books by township.
In counties not under township organization,
the collector's books shall be made up by congressional townships; but
fractional townships may be added to full townships, at the discretion of the
county board. In counties under township organization, the books shall
correspond with the organized townships. Separate books may be made for the
collection of all taxes within the corporate limits of cities, incorporated
towns and villages. These books shall be in addition to the tax book provided
for in this Code, for the use of county collectors, for collecting taxes
against railroad property.
(Source: Laws 1939, p. 886; P.A. 88-455.)
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35 ILCS 200/18-35
(35 ILCS 200/18-35)
Sec. 18-35. Collector's books; columns. Each county clerk shall prepare the
collector's books with 4 columns for the value of each property, the first to
show the assessed value by the chief county assessment officer, the second to
show the value as corrected by the board of review or board of appeals, the
third to show the value as equalized by the board of review under Sections
16-60 and 16-65, and the fourth to show the value as equalized or assessed by
the Department. Such books may be created, transmitted, and stored in an electronic format. If a municipality has adopted tax increment allocation
financing under Division 74.4 of Article 11 of the Illinois Municipal Code,
the county clerk, or clerks if a municipality is located in more than one
county, shall provide additional columns for the initial equalized assessed
value, for the extension of the taxes and other purposes, and for the amount of
the tax to be deposited in the special tax allocation fund. The books also
shall contain a column to insert opposite each parcel of property any tax sale
or forfeiture for taxes or special assessments for the 2 preceding years not
canceled or withdrawn from collection at any tax sale. Tax sales shall be
designated by the word "sold", forfeited, withdrawn or other appropriate
designation to be stamped in the proper column opposite the property listing
not released prior to December 1st of each year. Each county collector shall
stamp upon all receipts given for taxes the information in those columns, to be
known as the tax sale column and the delinquent special assessment column. The
county clerk shall collect the same fee for stamping forfeitures, as for tax
sales and withdrawals.
(Source: P.A. 98-840, eff. 8-1-14.)
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35 ILCS 200/18-40
(35 ILCS 200/18-40)
Sec. 18-40.
Application of equalization factor.
Each county clerk shall
apply the percentages certified by the Department and enter the equalized
valuations in the columns provided for that purpose. The percentages certified
by the Department shall be applied to the assessed valuation of property, as
corrected and equalized by the board of review, board of appeals, or local
assessment officers. In all cases of extension of valuations where the
equalized valuations are fractional, the clerk shall reject all fractions that
fall below 50¢. Fractions of 50¢ or more shall be extended as $1.
If the equalized assessed value of any property is less than $150 for an
assessment year, the county clerk may declare the imposition and collection of
all tax for that year to be extended on the parcel to be unfeasible and
cancelled. No tax shall be extended or collected on the parcel for that year
and the parcel shall not be sold for delinquent taxes.
(Source: P.A. 85-312; 88-455.)
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