Full Text of HB3825 96th General Assembly
HB3825 96TH GENERAL ASSEMBLY
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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010 HB3825
Introduced 2/25/2009, by Rep. Frank J. Mautino SYNOPSIS AS INTRODUCED: |
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35 ILCS 200/1-72 new |
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35 ILCS 200/15-167 |
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35 ILCS 200/15-168 |
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35 ILCS 200/15-170 |
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35 ILCS 200/15-172 |
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35 ILCS 200/15-175 |
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35 ILCS 200/15-176 |
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35 ILCS 200/15-177 |
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Amends the Property Tax Code. Generally defines "homestead property" as residential property that on January 1 is occupied by the owner, lessee, or interest holder as a principal dwelling place and there is a liability for paying taxes. States what part of property constitutes a homestead. Allows the chief county assessment officer to establish a specific legal description. Amends various homestead provisions to conform to the definition. Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| AN ACT concerning revenue.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Property Tax Code is amended by changing | 5 |
| Sections 15-167, 15-168, 15-170, 15-172, 15-175, 15-176, and | 6 |
| 15-177 and by adding Section 1-72 as follows: | 7 |
| (35 ILCS 200/1-72 new) | 8 |
| Sec. 1-72. Homestead property. Residential property that | 9 |
| as of January 1 of the taxable year is occupied by its owner or | 10 |
| owners as his, her, their principal dwelling place, that is a | 11 |
| leasehold interest on which a single family residence is | 12 |
| situated, that is occupied as a residence by a person who has a | 13 |
| legal or equitable interest therein evidenced by a written | 14 |
| instrument, as an owner or as a lessee, and on which the person | 15 |
| is liable for the payment of property taxes. A homestead | 16 |
| property includes the dwelling place, appurtenant structures, | 17 |
| and so much of the surrounding land constituting the parcel on | 18 |
| which the dwelling place is situated as is used for residential | 19 |
| purposes. If the chief county assessment officer has | 20 |
| established a specific legal description for a portion of the | 21 |
| property constituting the homestead property, then the | 22 |
| homestead property shall be limited to the property within that | 23 |
| specific legal description. |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| (35 ILCS 200/15-167) | 2 |
| Sec. 15-167. Returning Veterans' Homestead Exemption. | 3 |
| (a) Beginning with taxable year 2007, a homestead | 4 |
| exemption, limited to a reduction set forth under subsection | 5 |
| (b), from the property's value, as equalized or assessed by the | 6 |
| Department, is granted for homestead property that is owned and | 7 |
| occupied as the principal residence of a veteran returning from | 8 |
| an armed conflict involving the armed forces of the United | 9 |
| States who is liable for paying real estate taxes on the | 10 |
| property and is an owner of record of the property or has a | 11 |
| legal or equitable interest therein as evidenced by a written | 12 |
| instrument, except for a leasehold interest, other than a | 13 |
| leasehold interest of land on which a single family residence | 14 |
| is located, which is occupied as the principal residence of a | 15 |
| veteran returning from an armed conflict involving the armed | 16 |
| forces of the United States who has an ownership interest | 17 |
| therein, legal, equitable or as a lessee, and on which he or | 18 |
| she is liable for the payment of property taxes . For purposes | 19 |
| of the exemption under this Section, "veteran" means an | 20 |
| Illinois resident who has served as a member of the United | 21 |
| States Armed Forces, a member of the Illinois National Guard, | 22 |
| or a member of the United States Reserve Forces. | 23 |
| (b) In all counties, the reduction is $5,000 and only for | 24 |
| the taxable year in which the veteran returns from active duty | 25 |
| in an armed conflict involving the armed forces of the United |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| States. For land improved with an apartment building owned and | 2 |
| operated as a cooperative, the maximum reduction from the value | 3 |
| of the property, as equalized by the Department, must be | 4 |
| multiplied by the number of apartments or units occupied by a | 5 |
| veteran returning from an armed conflict involving the armed | 6 |
| forces of the United States who is liable, by contract with the | 7 |
| owner or owners of record, for paying property taxes on the | 8 |
| property and is an owner of record of a legal or equitable | 9 |
| interest in the cooperative apartment building, other than a | 10 |
| leasehold interest. In a cooperative where a homestead | 11 |
| exemption has been granted, the cooperative association or the | 12 |
| management firm of the cooperative or facility shall credit the | 13 |
| savings resulting from that exemption only to the apportioned | 14 |
| tax liability of the owner or resident who qualified for the | 15 |
| exemption. Any person who willfully refuses to so credit the | 16 |
| savings is guilty of a Class B misdemeanor. | 17 |
| (c) Application must be made during the application period | 18 |
| in effect for the county of his or her residence. The assessor | 19 |
| or chief county assessment officer may determine the | 20 |
| eligibility of residential property to receive the homestead | 21 |
| exemption provided by this Section by application, visual | 22 |
| inspection, questionnaire, or other reasonable methods. The | 23 |
| determination must be made in accordance with guidelines | 24 |
| established by the Department. | 25 |
| (d) The exemption under this Section is in addition to any | 26 |
| other homestead exemption provided in this Article 15. |
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LRB096 09398 RCE 19555 b |
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| Notwithstanding Sections 6 and 8 of the State Mandates Act, no | 2 |
| reimbursement by the State is required for the implementation | 3 |
| of any mandate created by this Section.
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| (Source: P.A. 95-644, eff. 10-12-07.) | 5 |
| (35 ILCS 200/15-168)
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| Sec. 15-168. Disabled persons' homestead exemption. | 7 |
| (a) Beginning with taxable year 2007, an
annual homestead | 8 |
| exemption is granted to disabled persons in
the amount of | 9 |
| $2,000, except as provided in subsection (c), to
be deducted | 10 |
| from the homestead property's value as equalized or assessed
by | 11 |
| the Department of Revenue. The disabled person shall receive
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| the homestead exemption upon meeting the following
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| requirements: | 14 |
| (1) The property must be occupied as the primary | 15 |
| residence by the disabled person. | 16 |
| (2) The disabled person must be liable for paying the
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| real estate taxes on the property. | 18 |
| (3) The disabled person must be an owner of record of
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| the property or have a legal or equitable interest in the
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| property as evidenced by a written instrument. In the case
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| of a leasehold interest in property, the lease must be for
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| a single family residence. | 23 |
| A person who is disabled during the taxable year
is | 24 |
| eligible to apply for this homestead exemption during that
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| taxable year. Application must be made during the
application |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| period in effect for the county of residence. If a
homestead | 2 |
| exemption has been granted under this Section and the
person | 3 |
| awarded the exemption subsequently becomes a resident of
a | 4 |
| facility licensed under the Nursing Home Care Act, then the
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| exemption shall continue (i) so long as the residence continues
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| to be occupied by the qualifying person's spouse or (ii) if the
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| residence remains unoccupied but is still owned by the person
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| qualified for the homestead exemption. | 9 |
| (b) For the purposes of this Section, "disabled person"
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| means a person unable to engage in any substantial gainful | 11 |
| activity by reason of a medically determinable physical or | 12 |
| mental impairment which can be expected to result in death or | 13 |
| has lasted or can be expected to last for a continuous period | 14 |
| of not less than 12 months. Disabled persons filing claims | 15 |
| under this Act shall submit proof of disability in such form | 16 |
| and manner as the Department shall by rule and regulation | 17 |
| prescribe. Proof that a claimant is eligible to receive | 18 |
| disability benefits under the Federal Social Security Act shall | 19 |
| constitute proof of disability for purposes of this Act. | 20 |
| Issuance of an Illinois Disabled Person Identification Card | 21 |
| stating that the claimant is under a Class 2 disability, as | 22 |
| defined in Section 4A of The Illinois Identification Card Act, | 23 |
| shall constitute proof that the person named thereon is a | 24 |
| disabled person for purposes of this Act. A disabled person not | 25 |
| covered under the Federal Social Security Act and not | 26 |
| presenting a Disabled Person Identification Card stating that |
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LRB096 09398 RCE 19555 b |
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| the claimant is under a Class 2 disability shall be examined by | 2 |
| a physician designated by the Department, and his status as a | 3 |
| disabled person determined using the same standards as used by | 4 |
| the Social Security Administration. The costs of any required | 5 |
| examination shall be borne by the claimant. | 6 |
| (c) For land improved with (i) an apartment building owned
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| and operated as a cooperative or (ii) a life care facility as
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| defined under Section 2 of the Life Care Facilities Act that is
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| considered to be a cooperative, the maximum reduction from the
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| value of the property, as equalized or assessed by the
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| Department, shall be multiplied by the number of apartments or
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| units occupied by a disabled person. The disabled person shall
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| receive the homestead exemption upon meeting the following
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| requirements: | 15 |
| (1) The property must be occupied as the primary | 16 |
| residence by the
disabled person. | 17 |
| (2) The disabled person must be liable by contract with
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| the owner or owners of record for paying the apportioned
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| property taxes on the property of the cooperative or life
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| care facility. In the case of a life care facility, the
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| disabled person must be liable for paying the apportioned
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| property taxes under a life care contract as defined in | 23 |
| Section 2 of the Life Care Facilities Act. | 24 |
| (3) The disabled person must be an owner of record of a
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| legal or equitable interest in the cooperative apartment
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| building. A leasehold interest does not meet this
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| requirement.
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| If a homestead exemption is granted under this subsection, the
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| cooperative association or management firm shall credit the
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| savings resulting from the exemption to the apportioned tax
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| liability of the qualifying disabled person. The chief county
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| assessment officer may request reasonable proof that the
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| association or firm has properly credited the exemption. A
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| person who willfully refuses to credit an exemption to the
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| qualified disabled person is guilty of a Class B misdemeanor.
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| (d) The chief county assessment officer shall determine the
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| eligibility of property to receive the homestead exemption
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| according to guidelines established by the Department. After a
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| person has received an exemption under this Section, an annual
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| verification of eligibility for the exemption shall be mailed
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| to the taxpayer. | 16 |
| In counties with fewer than 3,000,000 inhabitants, the | 17 |
| chief county assessment officer shall provide to each
person | 18 |
| granted a homestead exemption under this Section a form
to | 19 |
| designate any other person to receive a duplicate of any
notice | 20 |
| of delinquency in the payment of taxes assessed and
levied | 21 |
| under this Code on the person's qualifying property. The
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| duplicate notice shall be in addition to the notice required to
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| be provided to the person receiving the exemption and shall be | 24 |
| given in the manner required by this Code. The person filing
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| the request for the duplicate notice shall pay an
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| administrative fee of $5 to the chief county assessment
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| officer. The assessment officer shall then file the executed
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| designation with the county collector, who shall issue the
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| duplicate notices as indicated by the designation. A
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| designation may be rescinded by the disabled person in the
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| manner required by the chief county assessment officer. | 6 |
| (e) A taxpayer who claims an exemption under Section 15-165 | 7 |
| or 15-169 may not claim an exemption under this Section.
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| (Source: P.A. 95-644, eff. 10-12-07.)
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| (35 ILCS 200/15-170)
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| Sec. 15-170. Senior Citizens Homestead Exemption. An | 11 |
| annual homestead
exemption limited, except as described here | 12 |
| with relation to cooperatives or
life care facilities, to a
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| maximum reduction set forth below from the homestead property's | 14 |
| value, as equalized or
assessed by the Department, is granted | 15 |
| for property of that is occupied as a
residence by a person 65 | 16 |
| years of age or older who is liable for paying real
estate | 17 |
| taxes on the property and is an owner of record of the property | 18 |
| or has a
legal or equitable interest therein as evidenced by a | 19 |
| written instrument,
except for a leasehold interest, other than | 20 |
| a leasehold interest of land on
which a single family residence | 21 |
| is located, which is occupied as a residence by
a person 65 | 22 |
| years or older who has an ownership interest therein, legal,
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| equitable or as a lessee, and on which he or she is liable for | 24 |
| the payment
of property taxes . Before taxable year 2004, the | 25 |
| maximum reduction shall be $2,500 in counties with
3,000,000 or |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| more inhabitants and $2,000 in all other counties. For taxable | 2 |
| years 2004 through 2005, the maximum reduction shall be $3,000 | 3 |
| in all counties. For taxable years 2006 and 2007, the maximum | 4 |
| reduction shall be $3,500 and, for taxable years 2008 and | 5 |
| thereafter, the maximum reduction is $4,000 in all counties.
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| For land
improved with an apartment building owned and | 7 |
| operated as a cooperative, the maximum reduction from the value | 8 |
| of the property, as
equalized
by the Department, shall be | 9 |
| multiplied by the number of apartments or units
occupied by a | 10 |
| person 65 years of age or older who is liable, by contract with
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| the owner or owners of record, for paying property taxes on the | 12 |
| property and
is an owner of record of a legal or equitable | 13 |
| interest in the cooperative
apartment building, other than a | 14 |
| leasehold interest. For land improved with
a life care | 15 |
| facility, the maximum reduction from the value of the property, | 16 |
| as
equalized by the Department, shall be multiplied by the | 17 |
| number of apartments or
units occupied by persons 65 years of | 18 |
| age or older, irrespective of any legal,
equitable, or | 19 |
| leasehold interest in the facility, who are liable, under a
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| contract with the owner or owners of record of the facility, | 21 |
| for paying
property taxes on the property. In a
cooperative or | 22 |
| a life care facility where a
homestead exemption has been | 23 |
| granted, the cooperative association or the
management firm of | 24 |
| the cooperative or facility shall credit the savings
resulting | 25 |
| from that exemption only to
the apportioned tax liability of | 26 |
| the owner or resident who qualified for
the exemption.
Any |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| person who willfully refuses to so credit the savings shall be | 2 |
| guilty of a
Class B misdemeanor. Under this Section and | 3 |
| Sections 15-175, 15-176, and 15-177, "life care
facility" means | 4 |
| a facility, as defined in Section 2 of the Life Care Facilities
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| Act, with which the applicant for the homestead exemption has a | 6 |
| life care
contract as defined in that Act.
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| When a homestead exemption has been granted under this | 8 |
| Section and the person
qualifying subsequently becomes a | 9 |
| resident of a facility licensed under the
Nursing Home Care | 10 |
| Act, the exemption shall continue so long as the residence
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| continues to be occupied by the qualifying person's spouse if | 12 |
| the spouse is 65
years of age or older, or if the residence | 13 |
| remains unoccupied but is still
owned by the person qualified | 14 |
| for the homestead exemption.
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| A person who will be 65 years of age
during the current | 16 |
| assessment year
shall
be eligible to apply for the homestead | 17 |
| exemption during that assessment
year.
Application shall be | 18 |
| made during the application period in effect for the
county of | 19 |
| his residence.
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| Beginning with assessment year 2003, for taxes payable in | 21 |
| 2004, homestead
property
that is first occupied as a residence | 22 |
| after January 1 of any assessment year by
a person who is | 23 |
| eligible for the senior citizens homestead exemption under this
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| Section must be granted a pro-rata exemption for the assessment | 25 |
| year. The
amount of the pro-rata exemption is the exemption
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| allowed in the county under this Section divided by 365 and |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| multiplied by the
number of days during the assessment year the | 2 |
| property is occupied as a
residence by a
person eligible for | 3 |
| the exemption under this Section. The chief county
assessment | 4 |
| officer must adopt reasonable procedures to establish | 5 |
| eligibility
for this pro-rata exemption.
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| The assessor or chief county assessment officer may | 7 |
| determine the eligibility
of a life care facility to receive | 8 |
| the benefits provided by this Section, by
affidavit, | 9 |
| application, visual inspection, questionnaire or other | 10 |
| reasonable
methods in order to insure that the tax savings | 11 |
| resulting from the exemption
are credited by the management | 12 |
| firm to the apportioned tax liability of each
qualifying | 13 |
| resident. The assessor may request reasonable proof that the
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| management firm has so credited the exemption.
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| The chief county assessment officer of each county with | 16 |
| less than 3,000,000
inhabitants shall provide to each person | 17 |
| allowed a homestead exemption under
this Section a form to | 18 |
| designate any other person to receive a
duplicate of any notice | 19 |
| of delinquency in the payment of taxes assessed and
levied | 20 |
| under this Code on the property of the person receiving the | 21 |
| exemption.
The duplicate notice shall be in addition to the | 22 |
| notice required to be
provided to the person receiving the | 23 |
| exemption, and shall be given in the
manner required by this | 24 |
| Code. The person filing the request for the duplicate
notice | 25 |
| shall pay a fee of $5 to cover administrative costs to the | 26 |
| supervisor of
assessments, who shall then file the executed |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| designation with the county
collector. Notwithstanding any | 2 |
| other provision of this Code to the contrary,
the filing of | 3 |
| such an executed designation requires the county collector to
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| provide duplicate notices as indicated by the designation. A | 5 |
| designation may
be rescinded by the person who executed such | 6 |
| designation at any time, in the
manner and form required by the | 7 |
| chief county assessment officer.
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| The assessor or chief county assessment officer may | 9 |
| determine the
eligibility of residential property to receive | 10 |
| the homestead exemption provided
by this Section by | 11 |
| application, visual inspection, questionnaire or other
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| reasonable methods. The determination shall be made in | 13 |
| accordance with
guidelines established by the Department.
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| In counties with less than 3,000,000 inhabitants, the | 15 |
| county board may by
resolution provide that if a person has | 16 |
| been granted a homestead exemption
under this Section, the | 17 |
| person qualifying need not reapply for the exemption.
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| In counties with less than 3,000,000 inhabitants, if the | 19 |
| assessor or chief
county assessment officer requires annual | 20 |
| application for verification of
eligibility for an exemption | 21 |
| once granted under this Section, the application
shall be | 22 |
| mailed to the taxpayer.
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| The assessor or chief county assessment officer shall | 24 |
| notify each person
who qualifies for an exemption under this | 25 |
| Section that the person may also
qualify for deferral of real | 26 |
| estate taxes under the Senior Citizens Real Estate
Tax Deferral |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| Act. The notice shall set forth the qualifications needed for
| 2 |
| deferral of real estate taxes, the address and telephone number | 3 |
| of
county collector, and a
statement that applications for | 4 |
| deferral of real estate taxes may be obtained
from the county | 5 |
| collector.
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| Notwithstanding Sections 6 and 8 of the State Mandates Act, | 7 |
| no
reimbursement by the State is required for the | 8 |
| implementation of any mandate
created by this Section.
| 9 |
| (Source: P.A. 94-794, eff. 5-22-06; 95-644, eff. 10-12-07; | 10 |
| 95-876, eff. 8-21-08.)
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| (35 ILCS 200/15-172)
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| Sec. 15-172. Senior Citizens Assessment Freeze Homestead | 13 |
| Exemption.
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| (a) This Section may be cited as the Senior Citizens | 15 |
| Assessment
Freeze Homestead Exemption.
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| (b) As used in this Section:
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| "Applicant" means an individual who has filed an | 18 |
| application under this
Section.
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| "Base amount" means the base year equalized assessed value | 20 |
| of the homestead property residence
plus the first year's | 21 |
| equalized assessed value of any added improvements which
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| increased the assessed value of the homestead property | 23 |
| residence after the base year.
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| "Base year" means the taxable year prior to the taxable | 25 |
| year for which the
applicant first qualifies and applies for |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| the exemption provided that in the
prior taxable year the | 2 |
| homestead property was improved with a permanent structure that
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| was occupied as a residence by the applicant who was liable for | 4 |
| paying real
property taxes on the property and who was either | 5 |
| (i) an owner of record of the
property or had legal or | 6 |
| equitable interest in the property as evidenced by a
written | 7 |
| instrument or (ii) had a legal or equitable interest as a | 8 |
| lessee in the
parcel of property that was single family | 9 |
| residence .
If in any subsequent taxable year for which the | 10 |
| applicant applies and
qualifies for the exemption the equalized | 11 |
| assessed value of the homestead property residence is
less than | 12 |
| the equalized assessed value in the existing base year
| 13 |
| (provided that such equalized assessed value is not
based
on an
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| assessed value that results from a temporary irregularity in | 15 |
| the property that
reduces the
assessed value for one or more | 16 |
| taxable years), then that
subsequent taxable year shall become | 17 |
| the base year until a new base year is
established under the | 18 |
| terms of this paragraph. For taxable year 1999 only, the
Chief | 19 |
| County Assessment Officer shall review (i) all taxable years | 20 |
| for which
the
applicant applied and qualified for the exemption | 21 |
| and (ii) the existing base
year.
The assessment officer shall | 22 |
| select as the new base year the year with the
lowest equalized | 23 |
| assessed value.
An equalized assessed value that is based on an | 24 |
| assessed value that results
from a
temporary irregularity in | 25 |
| the property that reduces the assessed value for one
or more
| 26 |
| taxable years shall not be considered the lowest equalized |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| assessed value.
The selected year shall be the base year for
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| taxable year 1999 and thereafter until a new base year is | 3 |
| established under the
terms of this paragraph.
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| "Chief County Assessment Officer" means the County | 5 |
| Assessor or Supervisor of
Assessments of the county in which | 6 |
| the property is located.
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| "Equalized assessed value" means the assessed value as | 8 |
| equalized by the
Illinois Department of Revenue.
| 9 |
| "Homestead property" has the same meaning as provided in | 10 |
| Section 1-172 of this Act. | 11 |
| "Household" means the applicant, the spouse of the | 12 |
| applicant, and all persons
using the residence of the applicant | 13 |
| as their principal place of residence.
| 14 |
| "Household income" means the combined income of the members | 15 |
| of a household
for the calendar year preceding the taxable | 16 |
| year.
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| "Income" has the same meaning as provided in Section 3.07 | 18 |
| of the Senior
Citizens and Disabled Persons Property Tax Relief | 19 |
| and Pharmaceutical Assistance
Act, except that, beginning in | 20 |
| assessment year 2001, "income" does not
include veteran's | 21 |
| benefits.
| 22 |
| "Internal Revenue Code of 1986" means the United States | 23 |
| Internal Revenue Code
of 1986 or any successor law or laws | 24 |
| relating to federal income taxes in effect
for the year | 25 |
| preceding the taxable year.
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| "Life care facility that qualifies as a cooperative" means |
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HB3825 |
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LRB096 09398 RCE 19555 b |
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| a facility as
defined in Section 2 of the Life Care Facilities | 2 |
| Act.
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| "Maximum income limitation" means: | 4 |
| (1) $35,000 prior
to taxable year 1999; | 5 |
| (2) $40,000 in taxable years 1999 through 2003; | 6 |
| (3) $45,000 in taxable years 2004 through 2005; | 7 |
| (4) $50,000 in taxable years 2006 and 2007; and | 8 |
| (5) $55,000 in taxable year 2008 and thereafter.
| 9 |
| "Residence" means the principal dwelling place and | 10 |
| appurtenant structures
used for residential purposes in this | 11 |
| State occupied on January 1 of the
taxable year by a household | 12 |
| and so much of the surrounding land, constituting
the parcel | 13 |
| upon which the dwelling place is situated, as is used for
| 14 |
| residential purposes. If the Chief County Assessment Officer | 15 |
| has established a
specific legal description for a portion of | 16 |
| property constituting the
residence, then that portion of | 17 |
| property shall be deemed the residence for the
purposes of this | 18 |
| Section.
| 19 |
| "Taxable year" means the calendar year during which ad | 20 |
| valorem property taxes
payable in the next succeeding year are | 21 |
| levied.
| 22 |
| (c) Beginning in taxable year 1994, a senior citizens | 23 |
| assessment freeze
homestead exemption is granted for real | 24 |
| property that is improved with a
permanent structure that is | 25 |
| occupied as a homestead property residence by an applicant who | 26 |
| (i) is
65 years of age or older during the taxable year, (ii) |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| has a household income that does not exceed the maximum income | 2 |
| limitation, (iii) is liable for paying real property taxes on
| 3 |
| the
property, and (iv) is an owner of record of the property or | 4 |
| has a legal or
equitable interest in the property as evidenced | 5 |
| by a written instrument. This
homestead exemption shall also | 6 |
| apply to a leasehold interest in a parcel of
property improved | 7 |
| with a permanent structure that is a single family residence
| 8 |
| that is occupied as a homestead property residence by a person | 9 |
| who (i) is 65 years of age or older
during the taxable year, | 10 |
| (ii) has a household income that does not exceed the maximum | 11 |
| income limitation,
(iii)
has a legal or equitable ownership | 12 |
| interest in the property as lessee, and (iv)
is liable for the | 13 |
| payment of real property taxes on that property.
| 14 |
| In counties of 3,000,000 or more inhabitants, the amount of | 15 |
| the exemption for all taxable years is the equalized assessed | 16 |
| value of the homestead property
residence in the taxable year | 17 |
| for which application is made minus the base
amount. In all | 18 |
| other counties, the amount of the exemption is as follows: (i) | 19 |
| through taxable year 2005 and for taxable year 2007 and | 20 |
| thereafter, the amount of this exemption shall be the equalized | 21 |
| assessed value of the homestead property
residence in the | 22 |
| taxable year for which application is made minus the base
| 23 |
| amount; and (ii) for
taxable year 2006, the amount of the | 24 |
| exemption is as follows:
| 25 |
| (1) For an applicant who has a household income of | 26 |
| $45,000 or less, the amount of the exemption is the |
|
|
|
HB3825 |
- 18 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| equalized assessed value of the homestead property
| 2 |
| residence in the taxable year for which application is made | 3 |
| minus the base
amount. | 4 |
| (2) For an applicant who has a household income | 5 |
| exceeding $45,000 but not exceeding $46,250, the amount of | 6 |
| the exemption is (i) the equalized assessed value of the | 7 |
| homestead property
residence in the taxable year for which | 8 |
| application is made minus the base
amount (ii) multiplied | 9 |
| by 0.8. | 10 |
| (3) For an applicant who has a household income | 11 |
| exceeding $46,250 but not exceeding $47,500, the amount of | 12 |
| the exemption is (i) the equalized assessed value of the | 13 |
| homestead property
residence in the taxable year for which | 14 |
| application is made minus the base
amount (ii) multiplied | 15 |
| by 0.6. | 16 |
| (4) For an applicant who has a household income | 17 |
| exceeding $47,500 but not exceeding $48,750, the amount of | 18 |
| the exemption is (i) the equalized assessed value of the | 19 |
| homestead property
residence in the taxable year for which | 20 |
| application is made minus the base
amount (ii) multiplied | 21 |
| by 0.4. | 22 |
| (5) For an applicant who has a household income | 23 |
| exceeding $48,750 but not exceeding $50,000, the amount of | 24 |
| the exemption is (i) the equalized assessed value of the | 25 |
| homestead property
residence in the taxable year for which | 26 |
| application is made minus the base
amount (ii) multiplied |
|
|
|
HB3825 |
- 19 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| by 0.2.
| 2 |
| When the applicant is a surviving spouse of an applicant | 3 |
| for a prior year for
the same homestead property residence for | 4 |
| which an exemption under this Section has been granted,
the | 5 |
| base year and base amount for that homestead property residence | 6 |
| are the same as for the
applicant for the prior year.
| 7 |
| Each year at the time the assessment books are certified to | 8 |
| the County Clerk,
the Board of Review or Board of Appeals shall | 9 |
| give to the County Clerk a list
of the assessed values of | 10 |
| improvements on each parcel qualifying for this
exemption that | 11 |
| were added after the base year for this parcel and that
| 12 |
| increased the assessed value of the property.
| 13 |
| In the case of land improved with an apartment building | 14 |
| owned and operated as
a cooperative or a building that is a | 15 |
| life care facility that qualifies as a
cooperative, the maximum | 16 |
| reduction from the equalized assessed value of the
property is | 17 |
| limited to the sum of the reductions calculated for each unit
| 18 |
| occupied as a residence by a person or persons (i) 65 years of | 19 |
| age or older, (ii) with a
household income that does not exceed | 20 |
| the maximum income limitation, (iii) who is liable, by contract | 21 |
| with the
owner
or owners of record, for paying real property | 22 |
| taxes on the property, and (iv) who is
an owner of record of a | 23 |
| legal or equitable interest in the cooperative
apartment | 24 |
| building, other than a leasehold interest. In the instance of a
| 25 |
| cooperative where a homestead exemption has been granted under | 26 |
| this Section,
the cooperative association or its management |
|
|
|
HB3825 |
- 20 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| firm shall credit the savings
resulting from that exemption | 2 |
| only to the apportioned tax liability of the
owner who | 3 |
| qualified for the exemption. Any person who willfully refuses | 4 |
| to
credit that savings to an owner who qualifies for the | 5 |
| exemption is guilty of a
Class B misdemeanor.
| 6 |
| When a homestead exemption has been granted under this | 7 |
| Section and an
applicant then becomes a resident of a facility | 8 |
| licensed under the Nursing Home
Care Act, the exemption shall | 9 |
| be granted in subsequent years so long as the homestead | 10 |
| property
residence (i) continues to be occupied by the | 11 |
| qualified applicant's spouse or
(ii) if remaining unoccupied, | 12 |
| is still owned by the qualified applicant for the
homestead | 13 |
| exemption.
| 14 |
| Beginning January 1, 1997, when an individual dies who | 15 |
| would have qualified
for an exemption under this Section, and | 16 |
| the surviving spouse does not
independently qualify for this | 17 |
| exemption because of age, the exemption under
this Section | 18 |
| shall be granted to the surviving spouse for the taxable year
| 19 |
| preceding and the taxable
year of the death, provided that, | 20 |
| except for age, the surviving spouse meets
all
other | 21 |
| qualifications for the granting of this exemption for those | 22 |
| years.
| 23 |
| When married persons maintain and reside in separate | 24 |
| residences qualifying as homestead property , the exemption | 25 |
| provided for
in this Section may be claimed by only one of such | 26 |
| persons and for only one
residence.
|
|
|
|
HB3825 |
- 21 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| For taxable year 1994 only, in counties having less than | 2 |
| 3,000,000
inhabitants, to receive the exemption, a person shall | 3 |
| submit an application by
February 15, 1995 to the Chief County | 4 |
| Assessment Officer
of the county in which the property is | 5 |
| located. In counties having 3,000,000
or more inhabitants, for | 6 |
| taxable year 1994 and all subsequent taxable years, to
receive | 7 |
| the exemption, a person
may submit an application to the Chief | 8 |
| County
Assessment Officer of the county in which the property | 9 |
| is located during such
period as may be specified by the Chief | 10 |
| County Assessment Officer. The Chief
County Assessment Officer | 11 |
| in counties of 3,000,000 or more inhabitants shall
annually | 12 |
| give notice of the application period by mail or by | 13 |
| publication. In
counties having less than 3,000,000 | 14 |
| inhabitants, beginning with taxable year
1995 and thereafter, | 15 |
| to receive the exemption, a person
shall
submit an
application | 16 |
| by July 1 of each taxable year to the Chief County Assessment
| 17 |
| Officer of the county in which the property is located. A | 18 |
| county may, by
ordinance, establish a date for submission of | 19 |
| applications that is
different than
July 1.
The applicant shall | 20 |
| submit with the
application an affidavit of the applicant's | 21 |
| total household income, age,
marital status (and if married the | 22 |
| name and address of the applicant's spouse,
if known), and | 23 |
| principal dwelling place of members of the household on January
| 24 |
| 1 of the taxable year. The Department shall establish, by rule, | 25 |
| a method for
verifying the accuracy of affidavits filed by | 26 |
| applicants under this Section, and the Chief County Assessment |
|
|
|
HB3825 |
- 22 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| Officer may conduct audits of any taxpayer claiming an | 2 |
| exemption under this Section to verify that the taxpayer is | 3 |
| eligible to receive the exemption. Each application shall | 4 |
| contain or be verified by a written declaration that it is made | 5 |
| under the penalties of perjury. A taxpayer's signing a | 6 |
| fraudulent application under this Act is perjury, as defined in | 7 |
| Section 32-2 of the Criminal Code of 1961.
The applications | 8 |
| shall be clearly marked as applications for the Senior
Citizens | 9 |
| Assessment Freeze Homestead Exemption and must contain a notice | 10 |
| that any taxpayer who receives the exemption is subject to an | 11 |
| audit by the Chief County Assessment Officer.
| 12 |
| Notwithstanding any other provision to the contrary, in | 13 |
| counties having fewer
than 3,000,000 inhabitants, if an | 14 |
| applicant fails
to file the application required by this | 15 |
| Section in a timely manner and this
failure to file is due to a | 16 |
| mental or physical condition sufficiently severe so
as to | 17 |
| render the applicant incapable of filing the application in a | 18 |
| timely
manner, the Chief County Assessment Officer may extend | 19 |
| the filing deadline for
a period of 30 days after the applicant | 20 |
| regains the capability to file the
application, but in no case | 21 |
| may the filing deadline be extended beyond 3
months of the | 22 |
| original filing deadline. In order to receive the extension
| 23 |
| provided in this paragraph, the applicant shall provide the | 24 |
| Chief County
Assessment Officer with a signed statement from | 25 |
| the applicant's physician
stating the nature and extent of the | 26 |
| condition, that, in the
physician's opinion, the condition was |
|
|
|
HB3825 |
- 23 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| so severe that it rendered the applicant
incapable of filing | 2 |
| the application in a timely manner, and the date on which
the | 3 |
| applicant regained the capability to file the application.
| 4 |
| Beginning January 1, 1998, notwithstanding any other | 5 |
| provision to the
contrary, in counties having fewer than | 6 |
| 3,000,000 inhabitants, if an applicant
fails to file the | 7 |
| application required by this Section in a timely manner and
| 8 |
| this failure to file is due to a mental or physical condition | 9 |
| sufficiently
severe so as to render the applicant incapable of | 10 |
| filing the application in a
timely manner, the Chief County | 11 |
| Assessment Officer may extend the filing
deadline for a period | 12 |
| of 3 months. In order to receive the extension provided
in this | 13 |
| paragraph, the applicant shall provide the Chief County | 14 |
| Assessment
Officer with a signed statement from the applicant's | 15 |
| physician stating the
nature and extent of the condition, and | 16 |
| that, in the physician's opinion, the
condition was so severe | 17 |
| that it rendered the applicant incapable of filing the
| 18 |
| application in a timely manner.
| 19 |
| In counties having less than 3,000,000 inhabitants, if an | 20 |
| applicant was
denied an exemption in taxable year 1994 and the | 21 |
| denial occurred due to an
error on the part of an assessment
| 22 |
| official, or his or her agent or employee, then beginning in | 23 |
| taxable year 1997
the
applicant's base year, for purposes of | 24 |
| determining the amount of the exemption,
shall be 1993 rather | 25 |
| than 1994. In addition, in taxable year 1997, the
applicant's | 26 |
| exemption shall also include an amount equal to (i) the amount |
|
|
|
HB3825 |
- 24 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| of
any exemption denied to the applicant in taxable year 1995 | 2 |
| as a result of using
1994, rather than 1993, as the base year, | 3 |
| (ii) the amount of any exemption
denied to the applicant in | 4 |
| taxable year 1996 as a result of using 1994, rather
than 1993, | 5 |
| as the base year, and (iii) the amount of the exemption | 6 |
| erroneously
denied for taxable year 1994.
| 7 |
| For purposes of this Section, a person who will be 65 years | 8 |
| of age during the
current taxable year shall be eligible to | 9 |
| apply for the homestead exemption
during that taxable year. | 10 |
| Application shall be made during the application
period in | 11 |
| effect for the county of his or her residence.
| 12 |
| The Chief County Assessment Officer may determine the | 13 |
| eligibility of a life
care facility that qualifies as a | 14 |
| cooperative to receive the benefits
provided by this Section by | 15 |
| use of an affidavit, application, visual
inspection, | 16 |
| questionnaire, or other reasonable method in order to insure | 17 |
| that
the tax savings resulting from the exemption are credited | 18 |
| by the management
firm to the apportioned tax liability of each | 19 |
| qualifying resident. The Chief
County Assessment Officer may | 20 |
| request reasonable proof that the management firm
has so | 21 |
| credited that exemption.
| 22 |
| Except as provided in this Section, all information | 23 |
| received by the chief
county assessment officer or the | 24 |
| Department from applications filed under this
Section, or from | 25 |
| any investigation conducted under the provisions of this
| 26 |
| Section, shall be confidential, except for official purposes or
|
|
|
|
HB3825 |
- 25 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| pursuant to official procedures for collection of any State or | 2 |
| local tax or
enforcement of any civil or criminal penalty or | 3 |
| sanction imposed by this Act or
by any statute or ordinance | 4 |
| imposing a State or local tax. Any person who
divulges any such | 5 |
| information in any manner, except in accordance with a proper
| 6 |
| judicial order, is guilty of a Class A misdemeanor.
| 7 |
| Nothing contained in this Section shall prevent the | 8 |
| Director or chief county
assessment officer from publishing or | 9 |
| making available reasonable statistics
concerning the | 10 |
| operation of the exemption contained in this Section in which
| 11 |
| the contents of claims are grouped into aggregates in such a | 12 |
| way that
information contained in any individual claim shall | 13 |
| not be disclosed.
| 14 |
| (d) Each Chief County Assessment Officer shall annually | 15 |
| publish a notice
of availability of the exemption provided | 16 |
| under this Section. The notice
shall be published at least 60 | 17 |
| days but no more than 75 days prior to the date
on which the | 18 |
| application must be submitted to the Chief County Assessment
| 19 |
| Officer of the county in which the property is located. The | 20 |
| notice shall
appear in a newspaper of general circulation in | 21 |
| the county.
| 22 |
| Notwithstanding Sections 6 and 8 of the State Mandates Act, | 23 |
| no reimbursement by the State is required for the | 24 |
| implementation of any mandate created by this Section.
| 25 |
| (Source: P.A. 94-794, eff. 5-22-06; 95-644, eff. 10-12-07.)
|
|
|
|
HB3825 |
- 26 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| (35 ILCS 200/15-175)
| 2 |
| Sec. 15-175. General homestead exemption. Except as | 3 |
| provided in Sections 15-176 and 15-177, homestead
property is
| 4 |
| entitled to an annual homestead exemption limited, except as | 5 |
| described here
with relation to cooperatives, to a reduction in | 6 |
| the equalized assessed value
of homestead property equal to the | 7 |
| increase in equalized assessed value for the
current assessment | 8 |
| year above the equalized assessed value of the property for
| 9 |
| 1977, up to the maximum reduction set forth below. If however, | 10 |
| the 1977
equalized assessed value upon which taxes were paid is | 11 |
| subsequently determined
by local assessing officials, the | 12 |
| Property Tax Appeal Board, or a court to have
been excessive, | 13 |
| the equalized assessed value which should have been placed on
| 14 |
| the property for 1977 shall be used to determine the amount of | 15 |
| the exemption.
| 16 |
| Except as provided in Section 15-176, the maximum reduction | 17 |
| before taxable year 2004 shall be
$4,500 in counties with | 18 |
| 3,000,000 or more
inhabitants
and $3,500 in all other counties. | 19 |
| Except as provided in Sections 15-176 and 15-177, for taxable | 20 |
| years 2004 through 2007, the maximum reduction shall be $5,000, | 21 |
| for taxable year 2008, the maximum reduction is $5,500, and, | 22 |
| for taxable years 2009 and thereafter, the maximum reduction is | 23 |
| $6,000 in all counties. If a county has elected to subject | 24 |
| itself to the provisions of Section 15-176 as provided in | 25 |
| subsection (k) of that Section, then, for the first taxable | 26 |
| year only after the provisions of Section 15-176 no longer |
|
|
|
HB3825 |
- 27 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| apply, for owners who, for the taxable year, have not been | 2 |
| granted a senior citizens assessment freeze homestead | 3 |
| exemption under Section 15-172 or a long-time occupant | 4 |
| homestead exemption under Section 15-177, there shall be an | 5 |
| additional exemption of $5,000 for owners with a household | 6 |
| income of $30,000 or less.
| 7 |
| In counties with fewer than 3,000,000 inhabitants, if, | 8 |
| based on the most
recent assessment, the equalized assessed | 9 |
| value of
the homestead property for the current assessment year | 10 |
| is greater than the
equalized assessed value of the property | 11 |
| for 1977, the owner of the property
shall automatically receive | 12 |
| the exemption granted under this Section in an
amount equal to | 13 |
| the increase over the 1977 assessment up to the maximum
| 14 |
| reduction set forth in this Section.
| 15 |
| If in any assessment year beginning with the 2000 | 16 |
| assessment year,
homestead property has a pro-rata valuation | 17 |
| under
Section 9-180 resulting in an increase in the assessed | 18 |
| valuation, a reduction
in equalized assessed valuation equal to | 19 |
| the increase in equalized assessed
value of the property for | 20 |
| the year of the pro-rata valuation above the
equalized assessed | 21 |
| value of the property for 1977 shall be applied to the
property | 22 |
| on a proportionate basis for the period the property qualified | 23 |
| as
homestead property during the assessment year. The maximum | 24 |
| proportionate
homestead exemption shall not exceed the maximum | 25 |
| homestead exemption allowed in
the county under this Section | 26 |
| divided by 365 and multiplied by the number of
days the |
|
|
|
HB3825 |
- 28 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| property qualified as homestead property.
| 2 |
| "Homestead property" has the same meaning as provided in | 3 |
| Section 1-72 of this Act under this Section includes | 4 |
| residential property that is
occupied by its owner or owners as | 5 |
| his or their principal dwelling place, or
that is a leasehold | 6 |
| interest on which a single family residence is situated,
which | 7 |
| is occupied as a residence by a person who has an ownership | 8 |
| interest
therein, legal or equitable or as a lessee, and on | 9 |
| which the person is
liable for the payment of property taxes . | 10 |
| For land improved with
an apartment building owned and operated | 11 |
| as a cooperative or a building which
is a life care facility as | 12 |
| defined in Section 15-170 and considered to
be a cooperative | 13 |
| under Section 15-170, the maximum reduction from the equalized
| 14 |
| assessed value shall be limited to the increase in the value | 15 |
| above the
equalized assessed value of the property for 1977, up | 16 |
| to
the maximum reduction set forth above, multiplied by the | 17 |
| number of apartments
or units occupied by a person or persons | 18 |
| who is liable, by contract with the
owner or owners of record, | 19 |
| for paying property taxes on the property and is an
owner of | 20 |
| record of a legal or equitable interest in the cooperative
| 21 |
| apartment building, other than a leasehold interest. For | 22 |
| purposes of this
Section, the term "life care facility" has the | 23 |
| meaning stated in Section
15-170.
| 24 |
| "Household", as used in this Section,
means the owner, the | 25 |
| spouse of the owner, and all persons using
the homestead | 26 |
| property
residence of the owner as their principal place of |
|
|
|
HB3825 |
- 29 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| residence.
| 2 |
| "Household income", as used in this Section,
means the | 3 |
| combined income of the members of a household
for the calendar | 4 |
| year preceding the taxable year.
| 5 |
| "Income", as used in this Section,
has the same meaning as | 6 |
| provided in Section 3.07 of the Senior
Citizens
and Disabled | 7 |
| Persons Property Tax Relief and Pharmaceutical Assistance Act,
| 8 |
| except that
"income" does not include veteran's benefits.
| 9 |
| In a cooperative where a homestead exemption has been | 10 |
| granted, the
cooperative association or its management firm | 11 |
| shall credit the savings
resulting from that exemption only to | 12 |
| the apportioned tax liability of the
owner who qualified for | 13 |
| the exemption. Any person who willfully refuses to so
credit | 14 |
| the savings shall be guilty of a Class B misdemeanor.
| 15 |
| Where married persons maintain and reside in separate | 16 |
| residences qualifying
as homestead property, each residence | 17 |
| shall receive 50% of the total reduction
in equalized assessed | 18 |
| valuation provided by this Section.
| 19 |
| In all counties, the assessor
or chief county assessment | 20 |
| officer may determine the
eligibility of residential property | 21 |
| to receive the homestead exemption and the amount of the | 22 |
| exemption by
application, visual inspection, questionnaire or | 23 |
| other reasonable methods. The
determination shall be made in | 24 |
| accordance with guidelines established by the
Department, | 25 |
| provided that the taxpayer applying for an additional general | 26 |
| exemption under this Section shall submit to the chief county |
|
|
|
HB3825 |
- 30 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| assessment officer an application with an affidavit of the | 2 |
| applicant's total household income, age, marital status (and, | 3 |
| if married, the name and address of the applicant's spouse, if | 4 |
| known), and principal dwelling place of members of the | 5 |
| household on January 1 of the taxable year. The Department | 6 |
| shall issue guidelines establishing a method for verifying the | 7 |
| accuracy of the affidavits filed by applicants under this | 8 |
| paragraph. The applications shall be clearly marked as | 9 |
| applications for the Additional General Homestead Exemption.
| 10 |
| In counties with fewer than 3,000,000 inhabitants, in the | 11 |
| event of a sale
of
homestead property the homestead exemption | 12 |
| shall remain in effect for the
remainder of the assessment year | 13 |
| of the sale. The assessor or chief county
assessment officer | 14 |
| may require the new
owner of the property to apply for the | 15 |
| homestead exemption for the following
assessment year.
| 16 |
| Notwithstanding Sections 6 and 8 of the State Mandates Act, | 17 |
| no reimbursement by the State is required for the | 18 |
| implementation of any mandate created by this Section.
| 19 |
| (Source: P.A. 95-644, eff. 10-12-07.)
| 20 |
| (35 ILCS 200/15-176)
| 21 |
| Sec. 15-176. Alternative general homestead exemption.
| 22 |
| (a) For the assessment years as determined under subsection | 23 |
| (j), in any county that has elected, by an ordinance in | 24 |
| accordance with subsection (k), to be subject to the provisions | 25 |
| of this Section in lieu of the provisions of Section 15-175, |
|
|
|
HB3825 |
- 31 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| homestead property is
entitled to
an annual homestead exemption | 2 |
| equal to a reduction in the property's equalized
assessed
value | 3 |
| calculated as provided in this Section.
| 4 |
| (b) As used in this Section:
| 5 |
| (1) "Assessor" means the supervisor of assessments or | 6 |
| the chief county assessment officer of each county.
| 7 |
| (2) "Adjusted homestead value" means the lesser of the | 8 |
| following values:
| 9 |
| (A) The property's base homestead value increased | 10 |
| by 7% for each
tax year after the base year through and | 11 |
| including the current tax year, or, if the property is | 12 |
| sold or ownership is otherwise transferred, the | 13 |
| property's base homestead value increased by 7% for | 14 |
| each tax year after the year of the sale or transfer | 15 |
| through and including the current tax year. The | 16 |
| increase by 7% each year is an increase by 7% over the | 17 |
| prior year.
| 18 |
| (B) The property's equalized assessed value for | 19 |
| the current tax
year minus: (i) $4,500 in Cook County | 20 |
| or $3,500 in all other counties in tax year 2003;
(ii) | 21 |
| $5,000 in all counties in tax years 2004 and 2005; and | 22 |
| (iii) the lesser of the amount of the general homestead | 23 |
| exemption under Section 15-175 or an amount equal to | 24 |
| the increase in the equalized assessed value for the | 25 |
| current tax year above the equalized assessed value for | 26 |
| 1977 in tax year 2006 and thereafter.
|
|
|
|
HB3825 |
- 32 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| (3) "Base homestead value".
| 2 |
| (A) Except as provided in subdivision (b)(3)(A-5) | 3 |
| or (b)(3)(B), "base homestead value" means the | 4 |
| equalized assessed value of the property for the base | 5 |
| year
prior to exemptions, minus (i) $4,500 in Cook | 6 |
| County or $3,500 in all other counties in tax year | 7 |
| 2003, (ii) $5,000 in all counties in tax years
2004 and | 8 |
| 2005, or (iii) the lesser of the amount of the general | 9 |
| homestead exemption under Section 15-175 or an amount | 10 |
| equal to the increase in the equalized assessed value | 11 |
| for the current tax year above the equalized assessed | 12 |
| value for 1977 in tax year 2006 and
thereafter, | 13 |
| provided that it was assessed for that
year as | 14 |
| residential property qualified for any of the | 15 |
| homestead exemptions
under Sections 15-170 through | 16 |
| 15-175 of this Code, then in force, and
further | 17 |
| provided that the property's assessment was not based | 18 |
| on a reduced
assessed value resulting from a temporary | 19 |
| irregularity in the property for
that year. Except as | 20 |
| provided in subdivision (b)(3)(B), if the property did | 21 |
| not have a
residential
equalized assessed value for the | 22 |
| base year, then "base homestead value" means the base
| 23 |
| homestead value established by the assessor under | 24 |
| subsection (c).
| 25 |
| (A-5) On or before September 1, 2007, in Cook | 26 |
| County, the base homestead value, as set forth under |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| subdivision (b)(3)(A) and except as provided under | 2 |
| subdivision (b) (3) (B), must be recalculated as the | 3 |
| equalized assessed value of the property for the base | 4 |
| year, prior to exemptions, minus: | 5 |
| (1) if the general assessment year for the | 6 |
| property was 2003, the lesser of (i) $4,500 or (ii) | 7 |
| the amount equal to the increase in equalized | 8 |
| assessed value for the 2002 tax year above the | 9 |
| equalized assessed value for 1977; | 10 |
| (2) if the general assessment year for the | 11 |
| property was 2004, the lesser of (i) $4,500 or (ii) | 12 |
| the amount equal to the increase in equalized | 13 |
| assessed value for the 2003 tax year above the | 14 |
| equalized assessed value for 1977; | 15 |
| (3) if the general assessment year for the | 16 |
| property was 2005, the lesser of (i) $5,000 or (ii) | 17 |
| the amount equal to the increase in equalized | 18 |
| assessed value for the 2004 tax year above the | 19 |
| equalized assessed value for 1977.
| 20 |
| (B) If the property is sold or ownership is | 21 |
| otherwise transferred, other than sales or transfers | 22 |
| between spouses or between a parent and a child, "base | 23 |
| homestead value" means the equalized assessed value of | 24 |
| the property at the time of the sale or transfer prior | 25 |
| to exemptions, minus: (i) $4,500 in Cook County or | 26 |
| $3,500 in all other counties in tax year 2003; (ii) |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| $5,000 in all counties in tax years 2004 and 2005; and | 2 |
| (iii) the lesser of the amount of the general homestead | 3 |
| exemption under Section 15-175 or an amount equal to | 4 |
| the increase in the equalized assessed value for the | 5 |
| current tax year above the equalized assessed value for | 6 |
| 1977 in tax year 2006 and thereafter, provided that it | 7 |
| was assessed as residential property qualified for any | 8 |
| of the homestead exemptions
under Sections 15-170 | 9 |
| through 15-175 of this Code, then in force, and
further | 10 |
| provided that the property's assessment was not based | 11 |
| on a reduced
assessed value resulting from a temporary | 12 |
| irregularity in the property.
| 13 |
| (3.5) "Base year" means (i) tax year 2002 in Cook | 14 |
| County or (ii) tax year 2005 or 2006 in all other counties | 15 |
| in accordance with the designation made by the county as | 16 |
| provided in subsection (k).
| 17 |
| (4) "Current tax year" means the tax year for which the | 18 |
| exemption under
this Section is being applied.
| 19 |
| (5) "Equalized assessed value" means the property's | 20 |
| assessed value as
equalized by the Department.
| 21 |
| (6) "Homestead" or "homestead property" has the same | 22 |
| meaning as provided in Section 1-72 of this Act. | 23 |
| Residential units in an apartment building owned and | 24 |
| operated as a cooperative, or as a life care facility, | 25 |
| which are occupied by persons who hold a legal or equitable | 26 |
| interest in the cooperative apartment building or life care |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| facility as owners or lessees, and who are liable by | 2 |
| contract for the payment of property taxes, shall be | 3 |
| included within this definition of homestead property. | 4 |
| means:
| 5 |
| (A) Residential property that as of January 1 of | 6 |
| the tax year is
occupied by its owner or owners as his, | 7 |
| her, or their principal dwelling
place, or that is a | 8 |
| leasehold interest on which a single family residence | 9 |
| is
situated, that is occupied as a residence by a | 10 |
| person who has a legal or
equitable interest therein | 11 |
| evidenced by a written instrument, as an owner
or as a | 12 |
| lessee, and on which the person is liable for the | 13 |
| payment of
property taxes. Residential units in an | 14 |
| apartment building owned and
operated as a | 15 |
| cooperative, or as a life care facility, which are | 16 |
| occupied by
persons who hold a legal or equitable | 17 |
| interest in the cooperative apartment
building or life | 18 |
| care facility as owners or lessees, and who are liable | 19 |
| by
contract for the payment of property taxes, shall be | 20 |
| included within this
definition of homestead property.
| 21 |
| (B) A homestead includes the dwelling place, | 22 |
| appurtenant
structures, and so much of the surrounding | 23 |
| land constituting the parcel on
which the dwelling | 24 |
| place is situated as is used for residential purposes. | 25 |
| If
the assessor has established a specific legal | 26 |
| description for a portion of
property constituting the |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| homestead, then the homestead shall be limited to
the | 2 |
| property within that description.
| 3 |
| (7) "Life care facility" means a facility as defined in | 4 |
| Section 2 of the
Life
Care Facilities Act.
| 5 |
| (c) If the homestead property did not have a residential | 6 |
| equalized assessed value for
the base year as provided in | 7 |
| subdivision (b)(3)(A) of this Section, then the assessor
shall | 8 |
| first determine an initial value for the property by comparison | 9 |
| with
assessed values for the base year of other properties | 10 |
| having physical and
economic characteristics similar to those | 11 |
| of the subject property, so that the
initial value is uniform | 12 |
| in relation to assessed values of those other
properties for | 13 |
| the base year. The product of the initial value multiplied by
| 14 |
| the equalized factor for the base year for homestead properties | 15 |
| in that county, less: (i) $4,500 in Cook County or $3,500 in | 16 |
| all other counties in tax years 2003; (ii) $5,000 in all | 17 |
| counties in tax year 2004 and 2005; and (iii) the lesser of the | 18 |
| amount of the general homestead exemption under Section 15-175 | 19 |
| or an amount equal to the increase in the equalized assessed | 20 |
| value for the current tax year above the equalized assessed | 21 |
| value for 1977 in tax year 2006 and thereafter, is the base | 22 |
| homestead value.
| 23 |
| For any tax year for which the assessor determines or | 24 |
| adjusts an initial
value and
hence a base homestead value under | 25 |
| this subsection (c), the initial value shall
be subject
to | 26 |
| review by the same procedures applicable to assessed values |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| established
under this
Code for that tax year.
| 2 |
| (d) The base homestead value shall remain constant, except | 3 |
| that the assessor
may
revise it under the following | 4 |
| circumstances:
| 5 |
| (1) If the equalized assessed value of a homestead | 6 |
| property for the current
tax year is less than the previous | 7 |
| base homestead value for that property, then the
current | 8 |
| equalized assessed value (provided it is not based on a | 9 |
| reduced assessed
value resulting from a temporary | 10 |
| irregularity in the property) shall become the
base | 11 |
| homestead value in subsequent tax years.
| 12 |
| (2) For any year in which new buildings, structures, or | 13 |
| other
improvements are constructed on the homestead | 14 |
| property that would increase its
assessed value, the | 15 |
| assessor shall adjust the base homestead value as provided | 16 |
| in
subsection (c) of this Section with due regard to the | 17 |
| value added by the new
improvements. | 18 |
| (3) If the property is sold or ownership is otherwise | 19 |
| transferred, the base homestead value of the property shall | 20 |
| be adjusted as provided in subdivision (b)(3)(B). This item | 21 |
| (3) does not apply to sales or transfers between spouses or | 22 |
| between a parent and a child.
| 23 |
| (4) the recalculation required in Cook County under | 24 |
| subdivision (b)(3)(A-5).
| 25 |
| (e) The amount of the exemption under this Section is the | 26 |
| equalized assessed
value of the homestead property for the |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| current tax year, minus the adjusted homestead
value, with the | 2 |
| following exceptions: | 3 |
| (1) In Cook County, the exemption under this Section | 4 |
| shall not exceed $20,000 for any taxable year through tax | 5 |
| year: | 6 |
| (i) 2005, if the general assessment year for the
| 7 |
| property is 2003; | 8 |
| (ii) 2006, if the general assessment year for the
| 9 |
| property is 2004; or | 10 |
| (iii) 2007, if the general assessment year for the
| 11 |
| property is 2005. | 12 |
| (1.1) Thereafter, in Cook County, and in all other | 13 |
| counties, the exemption is as follows: | 14 |
| (i) if the general assessment year for the property | 15 |
| is 2006, then the exemption may not exceed: $33,000 for | 16 |
| taxable year 2006; $26,000 for taxable year 2007; and | 17 |
| $20,000 for taxable year 2008; | 18 |
| (ii) if the general assessment year for the | 19 |
| property is 2007, then the exemption may not exceed: | 20 |
| $33,000 for taxable year 2007; $26,000 for taxable year | 21 |
| 2008; and $20,000 for taxable year 2009; and | 22 |
| (iii) if the general assessment year for the | 23 |
| property is 2008, then the exemption may not exceed: | 24 |
| $33,000 for taxable year 2008; $26,000 for taxable year | 25 |
| 2009; and $20,000 for taxable year 2010. | 26 |
| (1.5) In Cook County, for the 2006 taxable year only, the |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| maximum amount of the exemption set forth under subsection | 2 |
| (e)(1.1)(i) of this Section may be increased: (i) by $7,000 if | 3 |
| the equalized assessed value of the property in that taxable | 4 |
| year exceeds the equalized assessed value of that property in | 5 |
| 2002 by 100% or more; or (ii) by $2,000 if the equalized | 6 |
| assessed value of the property in that taxable year exceeds the | 7 |
| equalized assessed value of that property in 2002 by more than | 8 |
| 80% but less than 100%.
| 9 |
| (2) In the case of homestead property that also | 10 |
| qualifies for
the exemption under Section 15-172, the | 11 |
| property is entitled to the exemption under
this Section, | 12 |
| limited to the amount of (i) $4,500 in Cook County or | 13 |
| $3,500 in all other counties in tax year 2003, (ii) $5,000 | 14 |
| in all counties in tax years 2004 and 2005, or (iii) the | 15 |
| lesser of the amount of the general homestead exemption | 16 |
| under Section 15-175 or an amount equal to the increase in | 17 |
| the equalized assessed value for the current tax year above | 18 |
| the equalized assessed value for 1977 in tax year 2006 and | 19 |
| thereafter.
| 20 |
| (f) In the case of an apartment building owned and operated | 21 |
| as a cooperative, or
as a life care facility, that contains | 22 |
| residential units that qualify as homestead property
under this | 23 |
| Section, the maximum cumulative exemption amount attributed to | 24 |
| the entire
building or facility shall not exceed the sum of the | 25 |
| exemptions calculated for each
qualified residential unit. The | 26 |
| cooperative association, management firm, or other person
or |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| entity that manages or controls the cooperative apartment | 2 |
| building or life care facility
shall credit the exemption | 3 |
| attributable to each residential unit only to the apportioned | 4 |
| tax
liability of the owner or other person responsible for | 5 |
| payment of taxes as to that unit.
Any person who willfully | 6 |
| refuses to so credit the exemption is guilty of a Class B
| 7 |
| misdemeanor.
| 8 |
| (g) When married persons maintain and reside in separate | 9 |
| residences qualifying as homestead property , the exemption | 10 |
| provided
under this Section shall be claimed by only one such | 11 |
| person and for only one residence.
| 12 |
| (h) In the event of a sale or other transfer in ownership | 13 |
| of the homestead property, the exemption under this
Section | 14 |
| shall remain in effect for the remainder of the tax year and be | 15 |
| calculated using the same base homestead value in which the | 16 |
| sale or transfer occurs, but (other than for sales or transfers | 17 |
| between spouses or between a parent and a child) shall be | 18 |
| calculated for any subsequent tax year using the new base | 19 |
| homestead value as provided in subdivision (b)(3)(B).
The | 20 |
| assessor may require the new owner of the property to apply for | 21 |
| the exemption in the
following year.
| 22 |
| (i) The assessor may determine whether property qualifies | 23 |
| as a homestead under
this Section by application, visual | 24 |
| inspection, questionnaire, or other
reasonable methods.
Each | 25 |
| year, at the time the assessment books are certified to the | 26 |
| county clerk
by the board
of review, the assessor shall furnish |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| to the county clerk a list of the
properties qualified
for the | 2 |
| homestead exemption under this Section. The list shall note the | 3 |
| base
homestead
value of each property to be used in the | 4 |
| calculation of the exemption for the
current tax
year.
| 5 |
| (j) In counties with 3,000,000 or more inhabitants, the | 6 |
| provisions of this Section apply as follows:
| 7 |
| (1) If the general assessment year for the property is | 8 |
| 2003, this Section
applies for assessment years 2003, 2004, | 9 |
| 2005, 2006, 2007, and 2008.
Thereafter, the provisions of | 10 |
| Section 15-175 apply.
| 11 |
| (2) If the general assessment year for the property is | 12 |
| 2004, this Section
applies for assessment years 2004, 2005, | 13 |
| 2006, 2007, 2008, and 2009.
Thereafter, the provisions of | 14 |
| Section 15-175 apply.
| 15 |
| (3) If the general assessment year for the property is | 16 |
| 2005, this Section
applies for assessment years 2005, 2006, | 17 |
| 2007, 2008, 2009, and 2010.
Thereafter, the provisions of | 18 |
| Section 15-175 apply. | 19 |
| In counties with less than 3,000,000 inhabitants, this | 20 |
| Section applies for assessment years (i) 2006, 2007, and 2008, | 21 |
| and 2009 if tax year 2005 is the designated base year or (ii) | 22 |
| 2007, 2008, 2009, and 2010 if tax year 2006 is the designated | 23 |
| base year. Thereafter, the provisions of Section 15-175 apply.
| 24 |
| (k) To be subject to the provisions of this Section in lieu | 25 |
| of Section 15-175, a county must adopt an ordinance to subject | 26 |
| itself to the provisions of this Section within 6 months after |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| the effective date of this amendatory Act of the 95th General | 2 |
| Assembly. In a county other than Cook County, the ordinance | 3 |
| must designate either tax year 2005
or tax year 2006
as the | 4 |
| base year.
| 5 |
| (l) Notwithstanding Sections 6 and 8 of the State Mandates | 6 |
| Act, no
reimbursement
by the State is required for the | 7 |
| implementation of any mandate created by this
Section.
| 8 |
| (Source: P.A. 95-644, eff. 10-12-07.) | 9 |
| (35 ILCS 200/15-177) | 10 |
| Sec. 15-177. The long-time occupant homestead exemption. | 11 |
| (a) If the county has elected, under Section 15-176, to be | 12 |
| subject to the provisions of the alternative general homestead | 13 |
| exemption, then, for taxable years 2007 and thereafter, | 14 |
| regardless of whether the exemption under Section 15-176 | 15 |
| applies, qualified homestead property is
entitled to
an annual | 16 |
| homestead exemption equal to a reduction in the property's | 17 |
| equalized
assessed
value calculated as provided in this | 18 |
| Section. | 19 |
| (b) As used in this Section: | 20 |
| "Adjusted homestead value" means the lesser of
the | 21 |
| following values: | 22 |
| (1) The property's base homestead value increased
by: | 23 |
| (i) 10% for each taxable year after the base year through | 24 |
| and including the current tax year for qualified taxpayers | 25 |
| with a household income of more than $75,000 but not |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| exceeding $100,000; or (ii) 7% for each taxable year after | 2 |
| the base year through and including the current tax year | 3 |
| for qualified taxpayers with a household income of $75,000 | 4 |
| or less. The increase each year is an increase over the | 5 |
| prior year; or | 6 |
| (2) The property's equalized assessed value for
the | 7 |
| current tax year minus the general homestead deduction. | 8 |
| "Base homestead value" means: | 9 |
| (1) if the property did not have an adjusted homestead | 10 |
| value under Section 15-176 for the base year, then an | 11 |
| amount equal to the equalized assessed value of the | 12 |
| property for the base year prior to exemptions, minus the | 13 |
| general homestead deduction, provided that the property's | 14 |
| assessment was not based on a reduced assessed value | 15 |
| resulting from a temporary irregularity in the property for | 16 |
| that year; or | 17 |
| (2) if the property had an adjusted homestead value | 18 |
| under Section 15-176 for the base year, then an amount | 19 |
| equal to the adjusted homestead value of the property under | 20 |
| Section 15-176 for the base year. | 21 |
| "Base year" means the taxable year prior to the taxable | 22 |
| year in which the taxpayer first qualifies for the exemption | 23 |
| under this Section. | 24 |
| "Current taxable year" means the taxable year for which
the | 25 |
| exemption under this Section is being applied. | 26 |
| "Equalized assessed value" means the property's
assessed |
|
|
|
HB3825 |
- 44 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| value as equalized by the Department. | 2 |
| "Homestead" or "homestead property" has the same meaning as | 3 |
| provided in Section 1-72 of this Act means residential property | 4 |
| that as of January 1 of
the tax year is occupied by a qualified | 5 |
| taxpayer as his or her principal dwelling place, or that is a | 6 |
| leasehold interest on which a single family residence is | 7 |
| situated, that is occupied as a residence by a qualified | 8 |
| taxpayer who has a legal or equitable interest therein | 9 |
| evidenced by a written instrument, as an owner or as a lessee, | 10 |
| and on which the person is liable for the payment of property | 11 |
| taxes . Residential units in an apartment building owned and | 12 |
| operated as a cooperative, or as a life care facility, which | 13 |
| are occupied by persons who hold a legal or equitable interest | 14 |
| in the cooperative apartment building or life care facility as | 15 |
| owners or lessees, and who are liable by contract for the | 16 |
| payment of property taxes, are included within this definition | 17 |
| of homestead property. A homestead includes the dwelling place,
| 18 |
| appurtenant structures, and so much of the surrounding land | 19 |
| constituting the parcel on which the dwelling place is situated | 20 |
| as is used for residential purposes. If the assessor has | 21 |
| established a specific legal description for a portion of | 22 |
| property constituting the homestead, then the homestead is | 23 |
| limited to the property within that description. | 24 |
| "Household income" has the meaning set forth under Section | 25 |
| 15-172 of this Code.
| 26 |
| "General homestead deduction" means the amount of the |
|
|
|
HB3825 |
- 45 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| general homestead exemption under Section 15-175.
| 2 |
| "Life care facility" means a facility defined
in Section 2 | 3 |
| of the Life Care Facilities Act. | 4 |
| "Qualified homestead property" means homestead property | 5 |
| owned by a qualified taxpayer.
| 6 |
| "Qualified taxpayer" means any individual: | 7 |
| (1) who, for at least 10 continuous years as of January | 8 |
| 1 of the taxable year, has occupied the same homestead | 9 |
| property as a principal residence and domicile or who, for | 10 |
| at least 5 continuous years as of January 1 of the taxable | 11 |
| year, has occupied the same homestead property as a | 12 |
| principal residence and domicile if that person received | 13 |
| assistance in the acquisition of the property as part of a | 14 |
| government or nonprofit housing program; and | 15 |
| (2) who has a household income of $100,000 or less.
| 16 |
| (c) The base homestead value must remain constant, except | 17 |
| that the assessor may revise it under any of the following | 18 |
| circumstances: | 19 |
| (1) If the equalized assessed value of a homestead
| 20 |
| property for the current tax year is less than the previous | 21 |
| base homestead value for that property, then the current | 22 |
| equalized assessed value (provided it is not based on a | 23 |
| reduced assessed value resulting from a temporary | 24 |
| irregularity in the property) becomes the base homestead | 25 |
| value in subsequent tax years. | 26 |
| (2) For any year in which new buildings, structures,
or |
|
|
|
HB3825 |
- 46 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| other improvements are constructed on the homestead | 2 |
| property that would increase its assessed value, the | 3 |
| assessor shall adjust the base homestead value with due | 4 |
| regard to the value added by the new improvements. | 5 |
| (d) The amount of the exemption under this Section is the | 6 |
| greater of: (i) the equalized assessed value of the homestead | 7 |
| property for the current tax year minus the adjusted homestead | 8 |
| value; or (ii) the general homestead deduction. | 9 |
| (e) In the case of an apartment building owned and operated | 10 |
| as a cooperative, or as a life care facility, that contains | 11 |
| residential units that qualify as homestead property of a | 12 |
| qualified taxpayer under this Section, the maximum cumulative | 13 |
| exemption amount attributed to the entire building or facility | 14 |
| shall not exceed the sum of the exemptions calculated for each | 15 |
| unit that is a qualified homestead property. The cooperative | 16 |
| association, management firm, or other person or entity that | 17 |
| manages or controls the cooperative apartment building or life | 18 |
| care facility shall credit the exemption attributable to each | 19 |
| residential unit only to the apportioned tax liability of the | 20 |
| qualified taxpayer as to that unit. Any person who willfully | 21 |
| refuses to so credit the exemption is guilty of a Class B | 22 |
| misdemeanor. | 23 |
| (f) When married persons maintain separate residences, the | 24 |
| exemption provided under this Section may be claimed by only | 25 |
| one such person and for only one residence. No person who | 26 |
| receives an exemption under Section 15-172 of this Code may |
|
|
|
HB3825 |
- 47 - |
LRB096 09398 RCE 19555 b |
|
| 1 |
| receive an exemption under this Section. No person who receives | 2 |
| an exemption under this Section may receive an exemption under | 3 |
| Section 15-175 or 15-176 of this Code. | 4 |
| (g) In the event of a sale or other transfer in ownership | 5 |
| of the homestead property between spouses or between a parent | 6 |
| and a child, the exemption under this Section remains in effect | 7 |
| if the new owner has a household income of $100,000 or less. | 8 |
| (h) In the event of a sale or other transfer in ownership | 9 |
| of the homestead property other than subsection (g) of this | 10 |
| Section, the exemption under this Section shall remain in | 11 |
| effect for the remainder of the tax year and be calculated | 12 |
| using the same base homestead value in which the sale or | 13 |
| transfer occurs.
| 14 |
| (i) To receive the exemption, a person must submit an | 15 |
| application to the county assessor during the period specified | 16 |
| by the county assessor. | 17 |
| The county assessor shall annually give notice of the | 18 |
| application period by mail or by publication. | 19 |
| The taxpayer must submit, with the application, an | 20 |
| affidavit of the taxpayer's total household income, marital | 21 |
| status (and if married the name and address of the applicant's | 22 |
| spouse, if known), and principal dwelling place of members of | 23 |
| the household on January 1 of the taxable year. The Department | 24 |
| shall establish, by rule, a method for verifying the accuracy | 25 |
| of affidavits filed by applicants under this Section, and the | 26 |
| Chief County Assessment Officer may conduct audits of any |
|
|
|
HB3825 |
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LRB096 09398 RCE 19555 b |
|
| 1 |
| taxpayer claiming an exemption under this Section to verify | 2 |
| that the taxpayer is eligible to receive the exemption. Each | 3 |
| application shall contain or be verified by a written | 4 |
| declaration that it is made under the penalties of perjury. A | 5 |
| taxpayer's signing a fraudulent application under this Act is | 6 |
| perjury, as defined in Section 32-2 of the Criminal Code of | 7 |
| 1961. The applications shall be clearly marked as applications | 8 |
| for the Long-time Occupant Homestead Exemption and must contain | 9 |
| a notice that any taxpayer who receives the exemption is | 10 |
| subject to an audit by the Chief County Assessment Officer. | 11 |
| (j) Notwithstanding Sections 6 and 8 of the State Mandates | 12 |
| Act, no reimbursement by the State is required for the | 13 |
| implementation of any mandate created by this Section.
| 14 |
| (Source: P.A. 95-644, eff. 10-12-07.)
| 15 |
| Section 99. Effective date. This Act takes effect upon | 16 |
| becoming law.
|
|