HB0234 EnrolledLRB097 05947 HLH 46016 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 changing
5Section 10-160 as follows:
 
6    (35 ILCS 200/10-160)
7    Sec. 10-160. Open space; application process. In counties
8with 3,000,000 or more inhabitants, the The person liable for
9taxes on land used for open space purposes must file a verified
10application requesting the additional open space valuation
11with the chief county assessment officer by January 31 of each
12year for which that valuation is desired. For taxable years
13prior to 2011, in counties with less than 3,000,000
14inhabitants, the person liable for taxes on land used for open
15space purposes must file a verified application requesting the
16additional open space valuation with the chief county
17assessment officer by January 31 of each year for which that
18valuation is desired. For taxable year 2011 and thereafter, in
19counties with less than 3,000,000 inhabitants, the person
20liable for taxes on land used for open space purposes must file
21a verified application requesting the additional open space
22valuation with the chief county assessment officer by June 30
23of each year for which that valuation is desired. If the

 

 

HB0234 Enrolled- 2 -LRB097 05947 HLH 46016 b

1application is not filed by January 31 or June 30, as
2applicable, the taxpayer waives the right to claim that
3additional valuation for that year. The application shall be in
4the form prescribed by the Department and contain information
5as may reasonably be required to determine whether the
6applicant meets the requirements of Section 10-155. If the
7application shows the applicant is entitled to the valuation,
8the chief county assessment officer shall approve it;
9otherwise, the application shall be rejected.
10    When such an application has been filed with and approved
11by the chief county assessment officer, he or she shall
12determine the valuation of the land as otherwise permitted by
13law and as required under Section 10-155, and shall list those
14valuations separately. The county clerk, in preparing
15assessment books, lists and blanks under Section 9-100, shall
16include therein columns for indicating the approval of an
17application and for setting out the two separate valuations.
18(Source: P.A. 80-1364; 88-455.)
 
19    Section 99. Effective date. This Act takes effect upon
20becoming law.