[ Search ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
| [ Introduced ] | [ Engrossed ] | [ House Amendment 001 ] |
| [ House Amendment 003 ] | [ House Amendment 004 ] | [ Senate Amendment 002 ] |
| [ Senate Amendment 003 ] | [ Conference Committee Report 001 ] |
91_HB0134enr HB0134 Enrolled LRB9100448PTpk 1 AN ACT concerning veterans organizations. 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 adding 5 the Division 11 heading of Article 10 and Section 10-240 as 6 follows: 7 (35 ILCS 200/Art. 10, Div. 11 heading new) 8 DIVISION 11. VETERANS ORGANIZATION PROPERTY 9 (35 ILCS 200/10-240 new) 10 Sec. 10-240. Veterans organization assessment freeze. 11 (a) For the taxable year 2000 and thereafter, the 12 assessed value of real property owned and used by a veterans 13 organization chartered under federal law, on which is located 14 the principal building for the post, camp, or chapter, must 15 be frozen by the chief county assessment officer at (i) 15% 16 of the 1999 assessed value of the property for property that 17 qualifies for the assessment freeze in taxable year 2000 or 18 (ii) 15% of the assessed value of the property for the 19 taxable year that the property first qualifies for the 20 assessment freeze after taxable year 2000. If, in any year, 21 improvements or additions are made to the property that would 22 increase the assessed value of the property were it not for 23 this Section, then 15% of the assessed value of such 24 improvements shall be added to the assessment of the property 25 for that year and all subsequent years the property is 26 eligible for the freeze. 27 (b) The veterans organization must annually submit an 28 application to the chief county assessment officer on or 29 before (i) January 31 of the assessment year in counties with 30 a population of 3,000,000 or more and (ii) December 31 of the HB0134 Enrolled -2- LRB9100448PTpk 1 assessment year in all other counties. The initial 2 application must contain the information required by the 3 Department of Revenue, including (i) a copy of the 4 organization's congressional charter, (ii) the location or 5 description of the property on which is located the principal 6 building for the post, camp, or chapter, (iii) a written 7 instrument evidencing that the organization is the record 8 owner or has a legal or equitable interest in the property, 9 (iv) an affidavit that the organization is liable for paying 10 the real property taxes on the property, and (v) the 11 signature of the organization's chief presiding officer. 12 Subsequent applications shall include any changes in the 13 initial application and shall be signed by the organization's 14 chief presiding officer. All applications shall be 15 notarized. 16 (c) This Section shall not apply to parcels exempt under 17 Section 15-145. 18 Section 90. The State Mandates Act is amended by adding 19 Section 8.23 as follows: 20 (30 ILCS 805/8.23 new) 21 Sec. 8.23. Exempt mandate. Notwithstanding Sections 6 22 and 8 of this Act, no reimbursement by the State is required 23 for the implementation of any mandate created by this 24 amendatory Act of 1999. 25 Section 99. Effective date. This Act takes effect July 26 4, 1999.