State of Illinois
91st General Assembly
Legislation

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91_SB1645eng

 
SB1645 Engrossed                               LRB9111535SMmb

 1        AN ACT to amend the Property Tax Code by changing Section
 2    12-55.

 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:

 5        Section 5.  The Property Tax Code is amended by  changing
 6    Section 12-55 as follows:

 7        (35 ILCS 200/12-55)
 8        Sec.   12-55.    Notice   requirement  if  assessment  is
 9    increased; counties of 3,000,000 or more.
10        (a)  In counties with 3,000,000 or  more  inhabitants,  a
11    revision  by  the county assessor, except where such revision
12    is made on complaint of the  owner,  shall  not  increase  an
13    assessment  without  notice  to  the  person to whom the most
14    recent tax bill was mailed and an  opportunity  to  be  heard
15    before the assessment is verified. When a notice is mailed by
16    the  county assessor to the address of a mortgage lender, the
17    mortgage lender, within 5 days after  the  mortgage  lender's
18    receipt  of  the  notice,  shall mail a copy of the notice to
19    each mortgagor of the property referred to in the  notice  at
20    the  last  known  address  of  each mortgagor as shown on the
21    records of the mortgage lender. The assessor may provide  for
22    the  filing  of  complaints and make revisions at times other
23    than those dates published  under  Section  14-35.  When  the
24    county assessor has completed the revision and correction and
25    entered  the changes and revision in the assessment books, an
26    affidavit shall be attached to the assessment  books  in  the
27    form required by law, signed by the county assessor.
28        (b)  In  counties with 3,000,000 or more inhabitants, for
29    parcels, other than parcels in the class  that  includes  the
30    majority  of  the  single-family  residential parcels under a
31    county ordinance adopted in  accordance  with  Section  4  of
 
SB1645 Engrossed            -2-                LRB9111535SMmb
 1    Article  IX  of  the  Illinois  Constitution,  located in the
 2    assessment district for which the current assessment year  is
 3    a  general  assessment year, within 30 days after sending the
 4    required notices under  this  Section,  the  county  assessor
 5    shall  file with the board of appeals (until the first Monday
 6    in December 1998, and the board of review beginning the first
 7    Monday in December 1998 and thereafter) a list of the parcels
 8    for which the notices under this Section were  sent,  showing
 9    the  following  information  for each such parcel: the parcel
10    index number, the township in which the  parcel  is  located,
11    the  class  for  the  current year, the previous year's final
12    total assessed value, the total assessed  value  proposed  by
13    the  county  assessor, and the name of the person to whom the
14    notice required under this Section was sent.  The list  shall
15    be available for public inspection at the office of the board
16    during the regular office hours of the board.  The list shall
17    be retained by the board for at least 10 years after the date
18    it is initially filed by the county assessor.
19        (c)  The  provisions  of  subsection  (b) of this Section
20    shall be applicable beginning with  the  assessment  for  the
21    1997 tax year.
22    (Source: P.A. 90-4, eff. 3-7-97.)

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