NOVAK. New Act 35 ILCS 200/Title 3, Art. 10, Div.3.5 caption new 35 ILCS 200/10-37 new Creates the Multi-family Fire Compartmentalization Act. Defines multi-family dwelling as any building containing 4 or more living units other than a hotel or motel. Provides that, except for a multi-family dwelling in any county having a population over 3,000,000, the owner of a multi-family dwelling constructed after the effective date of this Act is entitled to claim an alternate valuation of the property under the Property Tax Code if it is certified by the building inspector that certain fire-resistance requirements are met. Provides that, after the owner receives building inspector certification and files a request for an alternate valuation with the chief county assessment officer, the officer shall assess the property as if it meets the fire-resistance requirements and as if it does not, and the lower of the 2 assessments shall be applied. 97-02-20 H FIRST READING 97-02-20 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-26 H ASSIGNED TO COMMITTEE REVENUE 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary