Synopsis As Introduced Amends the Property Tax Code. Requires the township assessor or chief county assessment officer in a county with a population of more than 300,000 but less than 3,000,000 inhabitants to deliver to each person who makes a request a description or statement of any property assessed in that person's name or in which he or she holds ownership interest and the valuation placed on that property. Provides that the statement shall include a description of the method by which the assessment was derived. Provides that, in lieu of this statement, the assessor may include the equalization factors applied to the property and an explanation of how equalization affects the assessment. Requires continuing education for certain assessment officials. Provides that the county board may determine additional qualifications for board of review members above and beyond the statutory requirements. Provides that township assessors shall inform the supervisor of assessments of the type of software or other method by which assessments are conducted in the township. Requires assessors to maintain a list of all properties where the equalized assessed value has increased by more than 15% over the equalized assessed value of that property in the previous assessment year. Provides that the list shall be transmitted to the chief county assessment officer with the assessment books for that taxable year. Makes other changes. Effective immediately.
Replaces everything after the enacting clause. Amends the Property Tax Code. Provides that the Property Tax Appeal Board shall mail a copy of the appellant's petition to the board of review whose decision is being appealed or send a copy of that petition electronically (currently, the Board shall mail the decision to the board of review). Provides that a final administrative decision of the Property Tax Appeal Board shall be deemed served when a copy of the decision is: (1) deposited in the United States mail, in a sealed envelope or package, with postage prepaid, addressed to the party affected by the decision at his or her last known residence or place of business, or (2) sent electronically to the party affected by the decision at his or her last known e-mail address. Effective immediately.