Sen. John M. Sullivan
Filed: 3/28/2006
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| 1 | AMENDMENT TO SENATE BILL 680
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 680 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
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| 4 | "Section 5. The Property Tax Code is amended by changing | ||||||
| 5 | Section 16-70 as follows:
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| 6 | (35 ILCS 200/16-70)
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| 7 | Sec. 16-70. Determination of exemptions. The board of | ||||||
| 8 | review shall hear and
determine the application of any person | ||||||
| 9 | who is assessed on property claimed to
be exempt from taxation. | ||||||
| 10 | However, the decision of the board shall not be
final, except | ||||||
| 11 | as to homestead exemptions. Upon filing of any application for | ||||||
| 12 | a
non-homestead exemption which would reduce the assessed | ||||||
| 13 | valuation of any
property by more than $100,000, the owner | ||||||
| 14 | shall deliver, in person or by mail,
a copy of the application | ||||||
| 15 | to any municipality, school district,
and community
college | ||||||
| 16 | district, and fire protection district in which the property is | ||||||
| 17 | situated. Failure of a
municipality, school district,
or | ||||||
| 18 | community college district, or fire protection district to | ||||||
| 19 | receive the
notice shall not invalidate any exemption. The | ||||||
| 20 | board shall give the
municipalities, school districts,
and | ||||||
| 21 | community college districts, fire protection districts, and | ||||||
| 22 | the
taxpayer an opportunity to be heard. The clerk of the board | ||||||
| 23 | in all cases other
than homestead exemptions, under the | ||||||
| 24 | direction of the board, shall make out and
forward to the | ||||||
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| 1 | Department, a full and complete statement of all the facts in
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| 2 | the case. The Department shall determine whether the property | ||||||
| 3 | is legally liable
to taxation. It shall notify the board of | ||||||
| 4 | review of its decision, and
the board shall correct the | ||||||
| 5 | assessment if necessary. The decision of the
Department is | ||||||
| 6 | subject to review under Sections 8-35 and 8-40. The extension | ||||||
| 7 | of
taxes on any assessment shall not be delayed by any | ||||||
| 8 | proceedings under this
Section, and, if the Department rules | ||||||
| 9 | that the property is exempt, any taxes
extended upon the | ||||||
| 10 | unauthorized assessment shall be abated or, if paid, shall be
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| 11 | refunded.
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| 12 | (Source: P.A. 86-345; 86-413; 86-1028; 86-1481; 88-455.)".
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