97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB2073

 

Introduced 2/10/2011, by Sen. Terry Link

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/16-185

    Amends the Property Tax Code. Provides that decisions of the Property Tax Appeal Board shall be made within 365 days after the date the appeal was received by the Board. Effective January 1, 2012.


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FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB2073LRB097 06332 HLH 46412 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 16-185 as follows:
 
6    (35 ILCS 200/16-185)
7    Sec. 16-185. Decisions. The Board shall make a decision in
8each appeal or case appealed to it, and the decision shall be
9based upon equity and the weight of evidence and not upon
10constructive fraud, and shall be binding upon appellant and
11officials of government. The decision shall be made within 365
12days after the date the appeal was received by the Board. The
13extension of taxes on any assessment so appealed shall not be
14delayed by any proceeding before the Board, and, in case the
15assessment is altered by the Board, any taxes extended upon the
16unauthorized assessment or part thereof shall be abated, or, if
17already paid, shall be refunded with interest as provided in
18Section 23-20.
19    The decision or order of the Property Tax Appeal Board in
20any such appeal, shall, within 10 days thereafter, be certified
21at no charge to the appellant and to the proper authorities,
22including the board of review or board of appeals whose
23decision was appealed, the county clerk who extends taxes upon

 

 

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1the assessment in question, and the county collector who
2collects property taxes upon such assessment.
3    If the Property Tax Appeal Board renders a decision
4lowering the assessment of a particular parcel after the
5deadline for filing complaints with the board of review or
6board of appeals or after adjournment of the session of the
7board of review or board of appeals at which assessments for
8the subsequent year are being considered, the taxpayer may,
9within 30 days after the date of written notice of the Property
10Tax Appeal Board's decision, appeal the assessment for the
11subsequent year directly to the Property Tax Appeal Board.
12    If the Property Tax Appeal Board renders a decision
13lowering the assessment of a particular parcel on which a
14residence occupied by the owner is situated, such reduced
15assessment, subject to equalization, shall remain in effect for
16the remainder of the general assessment period as provided in
17Sections 9-215 through 9-225, unless that parcel is
18subsequently sold in an arm's length transaction establishing a
19fair cash value for the parcel that is different from the fair
20cash value on which the Board's assessment is based, or unless
21the decision of the Property Tax Appeal Board is reversed or
22modified upon review.
23(Source: P.A. 88-455; 88-660, eff. 9-16-94; 89-671, eff.
248-14-96.)
 
25    Section 99. Effective date. This Act takes effect January
261, 2012.