[ Search ] [ PDF text ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
92_SB0970 LRB9208112SMdv 1 AN ACT in relation to taxes. 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 changing 5 Section 16-180 as follows: 6 (35 ILCS 200/16-180) 7 Sec. 16-180. Procedure for determination of correct 8 assessment. The Property Tax Appeal Board shall establish by 9 rules an informal procedure for the determination of the 10 correct assessment of property which is the subject of an 11 appeal. The procedure, to the extent that the Board 12 considers practicable, shall eliminate formal rules of 13 pleading, practice and evidence, and except for any 14 reasonable filing fee determined by the Board, may provide 15 that costs shall be in the discretion of the Board. A copy of 16 the appellant's petition shall be mailed by the clerk of the 17 Property Tax Appeal Board to the board of review or board of 18 appeals whose decision is being appealed. In all cases where 19 a change in assessed valuation of $100,000 or more is sought, 20 the State's Attorney of the county from which the appeal was 21 taken
board of review or board of appealsshall serve, within 22 60 days of receipt of notice from the Property Tax Appeal 23 Board, a copy of the petition on all taxing districts as 24 shown on the last available tax bill. The chairman of the 25 Property Tax Appeal Board shall provide for the speedy 26 hearing of all such appeals. All appeals shall be considered 27 de novo. Where no complaint has been made to the board of 28 review of the county where the property is located and the 29 appeal is based solely on the effect of an equalizing factor 30 assigned to all property or to a class of property by the 31 board of review, the Property Tax Appeal Board shall not -2- LRB9208112SMdv 1 grant a reduction in assessment greater than the amount that 2 was added as the result of the equalizing factor. 3 (Source: P.A. 88-455; 89-671, eff. 8-14-96.) 4 Section 99. Effective date. This Act takes effect on 5 January 1, 2002.
[ Top ]