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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
SB0107 Introduced 1/28/2015, by Sen. Terry Link SYNOPSIS AS INTRODUCED:
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Amends the Property Tax Code. Provides that accessibility improvements made to residential property shall not increase the assessed valuation of the property. Provides that the term "accessibility improvement" means a modification or addition to residential property that is designed to make the property more accessible to a disabled person, including, but not limited to, the installation of ramps, lifts, or fixtures or the removal of architectural barriers on the property. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | | HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
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| | SB0107 | | LRB099 06566 HLH 26639 b |
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| 1 | | AN ACT concerning revenue.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Property Tax Code is amended by adding |
| 5 | | Section 10-23 as follows:
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| 6 | | (35 ILCS 200/10-23 new) |
| 7 | | Sec. 10-23. Improvements to residential property; |
| 8 | | accessibility. |
| 9 | | (a) Accessibility improvements made to residential |
| 10 | | property shall not increase the assessed valuation of the |
| 11 | | property. |
| 12 | | (b) For the purposes of this Section, "accessibility |
| 13 | | improvement" means a modification or addition to residential |
| 14 | | property that is designed to make the property more accessible |
| 15 | | to a disabled person, including, but not limited to, the |
| 16 | | installation of ramps, lifts, or fixtures, or the removal of |
| 17 | | architectural barriers on the property.
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| 18 | | Section 99. Effective date. This Act takes effect upon |
| 19 | | becoming law. |