102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1769
 
Introduced 2/17/2021, by Rep. Gregory Harris
 
SYNOPSIS AS INTRODUCED:
 

 
35 ILCS 200/10-390

     Amends the Property Tax Code. For the purposes of determining the fair cash value of a supportive living facility using the income capitalization approach, provides that gross potential income must not exceed the maximum individual Supplemental Security Income (SSI) amount, minus a resident's personal allowance, multiplied by the number of apartments authorized by the supportive living facility certification. Effective immediately.
  


LRB102 10422 HLH 15750 b

FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB1769LRB102 10422 HLH 15750 b


  
1    AN ACT concerning revenue.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Property Tax Code is amended  by changing 
5Section 10-390 as follows:
 
6    (35 ILCS 200/10-390)

7    Sec. 10-390. Valuation of supportive living facilities.
8    (a) Notwithstanding Section 1-55, to determine
the fair 
9cash value of any supportive living facility  established under 
10Section 5-5.01a of the Illinois Public Aid Code, in assessing 
11the facility, a local assessment
officer must use the income 
12capitalization approach. For the purposes of this Section, 
13gross potential income must not exceed the maximum individual 
14Supplemental Security Income (SSI) amount, minus a resident's 
15personal allowance as defined at 89 Ill Admin. Code 146.205, 
16multiplied by the number of apartments authorized by the 
17supportive living facility certification. 
18    (b) When assessing supportive living facilities, the local 
19assessment
officer may not consider:
20        (1)            payments from Medicaid for services provided to 
21    residents of supportive living facilities when such 
22    payments constitute income that is attributable to 
23    services and not attributable to the real estate; or
 
 
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1        (2)        payments by a resident of a supportive living 
2    facility for services that would be paid by Medicaid if 
3    the resident were Medicaid-eligible, when such payments 
4    constitute income that is attributable to services and not 
5    attributable to real estate.

6(Source: P.A. 94-1086, eff. 1-19-07.)
 
 
7    Section 99. Effective date. This Act takes effect upon 
8becoming law.