HB5519 97TH GENERAL ASSEMBLY

LRB097 18558 HLH 63790 b

97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB5519

Introduced 2/15/2012, by Rep. Kent Gaffney

SYNOPSIS AS INTRODUCED:

35 ILCS 200/18-184.15 new
30 ILCS 805/8.36 new

Amends the Property Tax Code. Provides that the county clerk shall abate 10% of the property taxes levied by each taxing district upon residential property owned by an active duty or retired member of the United States Armed Forces. Amends the State Mandates Act to require implementation without reimbursement by the State.

FISCAL NOTE ACT MAY APPLY

HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Property Tax Code is amended by adding Section 18-184.15 as follows:

(35 ILCS 200/18-184.15 new)

Sec. 18-184.15. Abatement for members of the United States Armed Forces. Beginning in taxable year 2012, the county clerk shall abate 10% of the property taxes levied by each taxing district upon residential property owned by an active duty or retired member of the United States Armed Forces.

As used in this Section, the following terms have the following meanings. "Active duty member of the United States Armed Forces" means a member of the Armed Services or Reserve Forces of the United States or a member of the Illinois National Guard who is called to active duty pursuant to an executive order of the President of the United States, an act of the Congress of the United States, or an order of the Governor. "Retired member of the United States Armed Forces" means a member in good standing of the Armed Services or Reserve Forces of the United States or the Illinois National Guard who possesses a certificate of retirement eligibility.

Section 90. The State Mandates Act is amended by adding Section 8.36 as follows:

(30 ILCS 805/8.36 new)

Sec. 8.36. Exempt mandate. Notwithstanding Sections 6 and 8 of this Act, no reimbursement by the State is required for the implementation of any mandate created by this amendatory Act of the 97th General Assembly.