102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB3529

 

Introduced 2/22/2021, by Rep. Michael J. Zalewski

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/9-285 new

    Amends the Property Tax Code. Provides that owners of income producing properties shall file physical descriptions of their properties with the chief county assessor, on a form and format determined by the chief county assessor. Effective immediately.


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A BILL FOR

 

HB3529LRB102 13972 HLH 19324 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Property Tax Code is amended by adding
5Section 9-285 as follows:
 
6    (35 ILCS 200/9-285 new)
7    Sec. 9-285. Real property descriptions.
8    (a) This Section shall apply to all counties with
93,000,000 or more inhabitants and to all counties where the
10county board provides by ordinance or resolution that owners
11of certain property shall substantially comply with subsection
12(b), below.
13    (b) Owners of income producing properties shall file
14physical descriptions of their properties with the chief
15county assessor, on a form and format determined by the chief
16county assessor, within 120 days after:
17        (1) the effective date of this amendatory Act of the
18    102nd General Assembly, for counties of 3,000,000 or more;
19    or
20        (2) the adoption of a resolution by the county board
21    under this Section, for all other counties.
22    Following an initial filing pursuant to paragraphs (1) or
23(2) of this subsection (b), a property owner shall also update

 

 

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1the filing within 120 days after any material change in the
2physical description.
3    (c) If the owner fails to submit the required physical
4description or fails to adequately explain why no submission
5is required, the owner shall pay a penalty to the chief county
6assessment officer of up to 0.025% of the prior year's market
7value as indicated by the most recent certified assessed value
8for the property at issue, but in no case shall the owner be
9required to pay more than a maximum penalty of $1,000 per
10property. The chief county assessment officer shall review all
11submissions and determine whether the owner provided
12sufficient evidence that he or she was not required to report a
13property description or that the submission complies based on
14available documentation.
15    If a party is dissatisfied with a decision of the chief
16county assessment officer, the party may request review of
17that decision. Upon such request, at least 30 days' notice
18shall be provided to the party of a hearing to be conducted by
19a hearing officer designated by the chief county assessment
20officer. If dissatisfied with a hearing officer's decision,
21the party may appeal such decision to the circuit court of the
22county where the property is located as a final administrative
23decision under Administrative Review Law. If a party is
24unsuccessful at hearing, the penalty imposed under this
25Section shall bear interest at 0.05% per month thereafter,
26beginning 21 days after the date of decision or 21 days after

 

 

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1the date of the issuance of a final decision on administrative
2review.
3    (d) Definitions. For the purpose of this Section:
4    "Income producing property" means property that is not
5owner-occupied, as defined in this Section, and is owned for
6the purpose of generating income from the property itself,
7whether or not such property actually generates income in a
8particular year. "Income producing property" does not include:
9        (1) property with a market value of $500,000 or less
10    in the most recent assessment year for which an assessment
11    is certified exclusive of any adjustments to assessed
12    value by a board of review, the Property Tax Appeal Board,
13    or the circuit court;
14        (2) residential property containing 6 or fewer
15    dwelling units;
16        (3) property assessed under Article 10 of this Code
17    and stadiums that are not qualified property under Section
18    10-215 that have a seating capacity of 20,000 or more and
19    host major professional sporting events;
20        (4) property that is assessed by the Department under
21    Article 11 of this Code;
22        (5) property that is owned or leased by a hospital
23    licensed under the Hospital Licensing Act or operated
24    under the University of Illinois Hospital Act, including
25    any hospital affiliate that directly or indirectly
26    controls, is controlled by, or is under common control

 

 

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1    with a hospital; or
2        (6) property that is owned or leased by a facility
3    licensed under the Nursing Home Care Act that is an
4    intermediate or skilled facility.
5    "Net rentable area" means the square footage of an
6improvement that may be leased or rented to tenants and
7excludes common areas such as elevators, stairways, and
8atriums.
9    "Owner-occupied" means real property that is used or
10occupied exclusively by a record owner or related entity, or
11real property where 80% or more of the net rentable area of the
12property is occupied or held for future use by the record owner
13of the property or a related person or entity as described in
14subsection (b) of Section 267 of the Internal Revenue Code. If
15more than 20% of the net rentable area of a property is subject
16to an existing lease or is subject to short term rental of the
17property by an unrelated entity, the property is not
18considered owner-occupied for purposes of this Section.
19    "Physical description" means the land size and, for each
20individual development on the parcel, information about the
21construction type, year built, total development size, number
22of buildings, the number of stories in each building, and
23parking capacity. Additionally:
24        (1) For multi-family residential properties of 6 or
25    more units, "physical description" also includes the
26    number of stories in each building, the size and use of

 

 

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1    basement area, the number of studio, 1-bedroom, 2-bedroom,
2    3-bedroom, and larger units; pool area (if any); exercise
3    area (if any); lower level uses; and the number of units,
4    if any, which are enrolled in any government-administered
5    affordable housing program.
6        (2) For office properties, "physical description" also
7    includes the net rentable area, the number of stories, the
8    size and use of basement area, lower level uses, ceiling
9    height, whether or not each unit is used for medical
10    services, and whether or not buildings on the property
11    share a central plant.
12        (3) For retail properties, "physical description" also
13    includes the net rentable area, the number of stories, the
14    size and uses of basement area, the size and use of lower
15    levels, ceiling height, and total customer capacity.
16        (4) For industrial properties, "physical description"
17    also includes the size and location of office area or
18    areas, ceiling height, the size and location of docks, the
19    number and size of loading bay doors, and the primary
20    tenant or business entity.
21        (5) For hospitality properties, "physical description"
22    also includes the size of any conference area, the number
23    of stories, the size and use of basement area, the room
24    count, the suite count, the size and location of lounge
25    areas, the size and location of restaurant areas,
26    franchise affiliation, the size and location of any pool

 

 

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1    area, and lower level uses.
2    "Property" has the meaning set forth in Section 1-130 of
3this Code and includes contiguous parcels or property index
4numbers that comprise one functional property location.
 
5    Section 99. Effective date. This Act takes effect upon
6becoming law.