Synopsis As Introduced Amends the Property Tax Code. Provides that each tax bill must include information that certain taxpayers may be eligible for tax exemptions, abatements, and other assistance programs and that, for more information, taxpayers should consult with the office of their township or county collector and with the Illinois Department of Revenue. Authorizes counties to establish and operate a homestead protection program under which the county treasurer may make payments from the indemnity fund to pay the delinquent taxes, along with all associated fees and interest, on the primary residence of eligible taxpayers. Provides that the county treasurer shall have a lien on the property in the amount of the assistance provided. Sets forth requirements for the program. Effective immediately.
Deletes everything after the enacting clause. Reinserts the provisions of the bill as introduced with the following changes: (i) provides that each tax bill may (instead of must) include information that certain taxpayers may be eligible for tax exemptions, abatements, and other assistance programs; (ii) provides that payments for the purposes of the homestead protection program must be made from the general fund of the county (instead of from the indemnity fund); and (iii) deletes a provision allowing the county treasurer to release or subordinate a lien with respect to the homestead protection program. Effective immediately.
Housing Affordability Impact Note (H-AM 1)(Housing Development Authority)
This legislation will have no effect on constructing, purchasing, owning, or selling a single-family residence.
Fiscal Note (H-AM 1)(Department of Revenue)
HB 4104 (H-AM 1) would require the Department of Revenue to allocate resources to respond to taxpayer inquiries. The cost would depend upon the number of counties that included information about property tax exemptions on the statement mailed to taxpayers and cannot be determined at this time.
Housing Affordability Impact Note (H-AM 1) (Housing Development Authority)