96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB3724

 

Introduced 2/25/2009, by Rep. Sidney H. Mathias - Paul D. Froehlich

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/9-85
30 ILCS 805/8.33 new

    Amends the Property Tax Code. Requires that, in counties with 3,000,000 or more inhabitants, on or before October 1, 2010, the county assessor shall reassess all property in the county for which 2010 is not the general assessment year. Provides that the reassessments may not be done through the application of one or more factors, mathematical or otherwise. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.


LRB096 09381 RCE 19538 b

FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT

 

 

A BILL FOR

 

HB3724 LRB096 09381 RCE 19538 b

1     AN ACT concerning revenue.
 
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 9-85 as follows:
 
6     (35 ILCS 200/9-85)
7     Sec. 9-85. Revision of assessments by county assessor and
8 board of review; Counties of 3,000,000 or more.
9     (a) In counties with 3,000,000 or more inhabitants, the
10 county assessor shall have authority annually to revise the
11 assessment books and correct them as appears to be just; and on
12 complaint in writing in proper form by any taxpayer, and after
13 affording the taxpayer an opportunity to be heard thereon, he
14 or she shall do so at any time, until the assessment is
15 verified. An entry upon the assessment books does not
16 constitute an assessment until the assessment is verified. When
17 a notice is to be mailed under Section 12-55 and the address
18 that appears on the assessor's records is the address of a
19 mortgage lender or the trustee, where title to the property is
20 held in a land trust, or in any event whenever the notice is
21 mailed by the assessor to a taxpayer at or in care of the
22 address of a mortgage lender or a trustee where the title to
23 the property is held in a land trust, the mortgage lender or

 

 

HB3724 - 2 - LRB096 09381 RCE 19538 b

1 the trustee within 15 days of the mortgage lender's or the
2 trustee's receipt of such notice shall mail a copy of the
3 notice to each mortgagor of the property referred to in the
4 notice at the last known address of each mortgagor as shown on
5 the records of the mortgage lender, or to each beneficiary as
6 shown on the records of the trustee.
7     (b) On or before October 1, 2010, the county assessor shall
8 reassess all property in the county for which 2010 is not the
9 general assessment year. The reassessments may not be done
10 through the application of one or more factors, mathematical or
11 otherwise.
12     (c) All changes and alterations pursuant to Section 16-95
13 or Section 16-120 in the assessment of property shall be
14 subject to revision and entry into the assessment books by the
15 board of appeals (until the first Monday in December 1998 and
16 the board of review beginning the first Monday in December 1998
17 and thereafter) in the same manner as the original assessments.
18 (Source: P.A. 88-455; 89-126, eff. 7-11-95; 89-671, eff.
19 8-14-96.)
 
20     Section 90. The State Mandates Act is amended by adding
21 Section 8.33 as follows:
 
22     (30 ILCS 805/8.33 new)
23     Sec. 8.33. Exempt mandate. Notwithstanding Sections 6 and 8
24 of this Act, no reimbursement by the State is required for the

 

 

HB3724 - 3 - LRB096 09381 RCE 19538 b

1 implementation of any mandate created by this amendatory Act of
2 the 96th General Assembly.
 
3     Section 99. Effective date. This Act takes effect upon
4 becoming law.