State of Illinois
92nd General Assembly
Legislation

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[ House Amendment 001 ]


92_HB1714

 
                                              LRB9201387SMdvC

 1        AN ACT in relation to taxes.

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

 4        Section  5.  The Property Tax Code is amended by changing
 5    Section 20-178 as follows:

 6        (35 ILCS 200/20-178)
 7        Sec.  20-178.  Certificate of  error;  refund;  interest.
 8    When   the   county   collector  makes  any  refunds  due  on
 9    certificates of error issued  under  Sections  14-15  through
10    14-25  that  have  been  either certified or adjudicated, the
11    county collector shall  pay  the  taxpayer  interest  on  the
12    amount of the refund at the rate of 0.5% per month.
13        No  interest shall be due under this Section for any time
14    prior to 60 days after July 30, 1999 (the effective  date  of
15    Public  this  amendatory  Act  91-393)  of  the  91st General
16    Assembly. For certificates of error  issued  prior  July  30,
17    1999  (to  the  effective  date of Public this amendatory Act
18    91-393) of the 91st General Assembly,  the  county  collector
19    shall  pay  the taxpayer interest from 60 days after July 30,
20    1999 (the  effective  date  of  Public  this  amendatory  Act
21    91-393)  of  the  91st  General  Assembly  until the date the
22    refund is paid. For certificates of error issued on or  after
23    July  30,  1999 (the effective date of Public this amendatory
24    Act 91-393) and before the effective date of this  amendatory
25    Act  of  the  92nd  General  Assembly  of  the  91st  General
26    Assembly,  interest  shall  be  paid  from  60 days after the
27    certificate of error is issued by the chief county assessment
28    officer to the date the refund is made. For  certificates  of
29    error   issued  on  or  after  the  effective  date  of  this
30    amendatory Act of the 92nd General Assembly,  interest  shall
31    be  paid  from  60  days  after the submission of a completed
 
                            -2-               LRB9201387SMdvC
 1    refund application to the county collector. To cover the cost
 2    of  interest,  the  county  collector  shall  proportionately
 3    reduce the distribution of taxes collected  for  each  taxing
 4    district in which the property is situated.
 5        For   purposes   of   this   Section,  "completed  refund
 6    application" means (i)  completion  of  the  requisite  forms
 7    supplied  by the county treasurer and presentation of legible
 8    photocopies of the  payment  receipt  issued  by  the  county
 9    treasurer  or  photocopies  of  the  front  and  back  of the
10    negotiated instrument used to make the payment  for  the  tax
11    year  upon  which a refund is sought or (ii) such other proof
12    as may be deemed necessary by  the  county  treasurer.  If  a
13    petitioner  cannot  provide  proof  of  payment or such other
14    proof as requested by the county  treasurer,  the  petitioner
15    shall  have  available to him or her the remedies afforded in
16    Section 20-175.
17        This Section shall not apply to any certificate of  error
18    granting  a homestead exemption under Section 15-170, 15-172,
19    or 15-175.
20    (Source: P.A. 91-393, eff. 7-30-99.)

21        Section 99.  Effective date.  This Act takes effect  upon
22    becoming law.

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