SB0343 EngrossedLRB098 04629 HLH 34657 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 10-23 as follows:
 
6    (35 ILCS 200/10-23 new)
7    Sec. 10-23. Improvements to residential property;
8accessibility.
9    (a) Accessibility improvements made to residential
10property shall not increase the assessed valuation of the
11property.
12    (b) For the purposes of this Section, "accessibility
13improvement" means a modification or addition to residential
14property that is designed to make the property more accessible
15to a disabled person, including, but not limited to, the
16installation of ramps, lifts, or fixtures, or the removal of
17architectural barriers on the property.
 
18    Section 99. Effective date. This Act takes effect upon
19becoming law.