Rep. Dan Brady
Filed: 3/28/2007
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1 | AMENDMENT TO HOUSE BILL 2958
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2 | AMENDMENT NO. ______. Amend House Bill 2958 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 | Sections 10-300, 10-350, 10-355, and 10-360 as follows:
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6 | (35 ILCS 200/10-300)
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7 | Sec. 10-300. Veterans organization assessment freeze.
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8 | (a) For the taxable year 2000 and thereafter, the assessed | ||||||
9 | value of real
property owned and used by a veterans | ||||||
10 | organization chartered under federal law,
on which is located | ||||||
11 | the principal building for the post, camp, or chapter, and, for | ||||||
12 | taxable years 2004 and thereafter, the assessed value of real | ||||||
13 | property owned by such an organization and used by the | ||||||
14 | organization's members and guests for parking at the principal | ||||||
15 | building for the post, camp, or chapter, must
be frozen by the | ||||||
16 | chief county assessment officer at (i) 15%
of the 1999 assessed |
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1 | value of the property for property that qualifies for the
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2 | assessment freeze in taxable year 2000 or (ii) 15% of the | ||||||
3 | assessed value of the
property for the taxable year that the | ||||||
4 | property first qualifies for the
assessment freeze after | ||||||
5 | taxable year 2000. If, in any year, improvements or
additions | ||||||
6 | are made to the property that would increase the assessed value | ||||||
7 | of
the property were it not for this Section, then 15% of the | ||||||
8 | assessed value of
such improvements shall be added to the | ||||||
9 | assessment of the property for that
year and all subsequent | ||||||
10 | years the property is eligible for the freeze.
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11 | (b) The veterans organization must annually submit an | ||||||
12 | application to the
chief county assessment officer on or before | ||||||
13 | (i) January 31 of the assessment
year in counties with a | ||||||
14 | population of 3,000,000 or more and (ii) December 31 of
the | ||||||
15 | assessment year in all other counties. The initial application | ||||||
16 | must
contain the information required by the Department of | ||||||
17 | Revenue, including (i)
a copy of the organization's | ||||||
18 | congressional charter, (ii) the location or
description of the | ||||||
19 | property on which is located the principal building for
the | ||||||
20 | post, camp, or chapter, (iii) a written instrument evidencing | ||||||
21 | that the
organization is the record owner or has a legal or | ||||||
22 | equitable interest in the
property, (iv) an affidavit that the | ||||||
23 | organization is liable for paying the real
property taxes on | ||||||
24 | the property, and (v) the signature of the organization's
chief | ||||||
25 | presiding officer. Subsequent applications shall include any | ||||||
26 | changes in
the initial application and shall be signed by the |
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1 | organization's chief
presiding officer. All applications shall | ||||||
2 | be notarized.
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3 | (c) This Section shall not apply to parcels exempt under | ||||||
4 | Section 15-145.
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5 | (Source: P.A. 92-16, eff. 6-28-01; 93-753, eff. 7-16-04.)
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6 | (35 ILCS 200/10-350)
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7 | Sec. 10-350. Fraternal organization assessment freeze.
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8 | (a) For the taxable year 2001 and thereafter, the assessed | ||||||
9 | value of real
property owned and used by a fraternal | ||||||
10 | organization chartered by the State of
Illinois prior to 1900, | ||||||
11 | or its subordinate organization or entity, (i) that
prohibits | ||||||
12 | gambling and the use of alcohol on the property, (ii) that
is | ||||||
13 | an exempt entity under Section 501(c)(10) of the Internal | ||||||
14 | Revenue Code, and
(iii) whose members provide, directly or | ||||||
15 | indirectly, financial support for
charitable works, which may | ||||||
16 | include medical care, drug rehabilitation, or
education, shall | ||||||
17 | be established by the chief county assessment officer as
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18 | follows:
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19 | (1) if the property meets the qualifications set forth | ||||||
20 | in this Section on
January 1, 2001 and on January 1 of each | ||||||
21 | subsequent assessment year, for
assessment year 2001 and | ||||||
22 | each subsequent assessment year, the final assessed
value | ||||||
23 | of the property shall be 15% of the final assessed value of | ||||||
24 | the property
for the assessment year 2000; or
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25 | (2) if the property first meets the qualifications set |
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1 | forth in this
Section on January 1 of any assessment year | ||||||
2 | after assessment year 2001 and on
January 1 of each | ||||||
3 | subsequent assessment year, for that first assessment year
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4 | and each subsequent assessment year, the final assessed | ||||||
5 | value shall be 15% of
the final assessed value of the | ||||||
6 | property for the assessment year in which the
property | ||||||
7 | first meets the qualifications set forth in this Section.
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8 | If, in any year, additions or improvements are made to | ||||||
9 | property subject to
assessment under this Section and the | ||||||
10 | additions or improvements would increase
the assessed value of | ||||||
11 | the property, then 15% of the final assessed value of the
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12 | additions or improvements shall be added to the final assessed | ||||||
13 | value of the
property for the year in which the additions or | ||||||
14 | improvements are completed and
for all subsequent years that | ||||||
15 | the property is eligible for assessment under
this Section.
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16 | (b) For purposes of this Section, "final assessed value" | ||||||
17 | means the assessed
value after final board of review action.
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18 | (c) Fraternal organizations whose property is assessed | ||||||
19 | under this Section
must annually submit an application to the | ||||||
20 | chief county assessment officer on
or before (i) January 31 of | ||||||
21 | the assessment year in counties with a population
of 3,000,000 | ||||||
22 | or more and (ii) December 31 of the assessment year in all | ||||||
23 | other
counties. The initial application must contain the | ||||||
24 | information required by the
Department of Revenue, which shall | ||||||
25 | prepare the form, including:
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26 | (1) a copy of the organization's charter from the State |
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1 | of Illinois, if
applicable;
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2 | (2) the location or legal description of the property | ||||||
3 | on which is located
the principal building for the | ||||||
4 | organization, including the PIN number, if
available;
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5 | (3) a written instrument evidencing that the | ||||||
6 | organization is the record
owner or has a legal or | ||||||
7 | equitable interest in the property;
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8 | (4) an affidavit that the organization is liable for | ||||||
9 | paying the real
property taxes on the property; and
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10 | (5) the signature of the organization's chief | ||||||
11 | presiding officer.
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12 | Subsequent applications shall include any changes in the | ||||||
13 | initial application
and shall affirm the ownership, use, and | ||||||
14 | liability for taxes for the year in
which it is submitted. All | ||||||
15 | applications shall be notarized.
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16 | (d) This Section does not apply to parcels exempt from | ||||||
17 | property taxes under
this Code.
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18 | (Source: P.A. 91-834, eff. 1-1-01.)
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19 | (35 ILCS 200/10-355)
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20 | Sec. 10-355. Fraternal organization assessment freeze.
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21 | (a) For the taxable year 2002 and thereafter, the assessed | ||||||
22 | value of real
property owned and used by a fraternal
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23 | organization that on December 31, 1926 had its national | ||||||
24 | headquarters in
Illinois or that
was chartered in Illinois in | ||||||
25 | February 1898, or its subordinate
organization or entity, that |
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1 | is exempt under Section 501(c)(8) of
the Internal Revenue Code | ||||||
2 | and
whose members provide, directly or indirectly, financial | ||||||
3 | support for
charitable works, which may include medical care, | ||||||
4 | drug rehabilitation, or
education, shall be established by the | ||||||
5 | chief county assessment officer as
follows:
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6 | (1) if the property meets the qualifications set forth | ||||||
7 | in this Section on
January 1, 2002 and on January 1 of each | ||||||
8 | subsequent assessment year, for
assessment year 2002 and | ||||||
9 | each subsequent assessment year, the final assessed
value | ||||||
10 | of the property shall be 15% of the final assessed value of | ||||||
11 | the property
for the assessment year 2001; or
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12 | (2) if the property first meets the qualifications set | ||||||
13 | forth in this
Section on January 1 of any assessment year | ||||||
14 | after assessment year 2002 and on
January 1 of each | ||||||
15 | subsequent assessment year, for that first assessment year
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16 | and each subsequent assessment year, the final assessed | ||||||
17 | value shall be 15% of
the final assessed value of the | ||||||
18 | property for the assessment year in which the
property | ||||||
19 | first meets the qualifications set forth in this Section.
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20 | If, in any year, additions or improvements are made to | ||||||
21 | property subject to
assessment under this Section and the | ||||||
22 | additions or improvements would increase
the assessed value of | ||||||
23 | the property, then 15% of the final assessed value of the
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24 | additions or improvements shall be added to the final assessed | ||||||
25 | value of the
property for the year in which the additions or | ||||||
26 | improvements are completed and
for all subsequent years that |
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1 | the property is eligible for assessment under
this Section.
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2 | (b) For purposes of this Section, "final assessed value" | ||||||
3 | means the assessed
value after final board of review action.
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4 | (c) Fraternal organizations whose property is assessed | ||||||
5 | under this Section
must annually submit an application to the | ||||||
6 | chief county assessment officer on
or before (i) January 31 of | ||||||
7 | the assessment year in counties with a population
of 3,000,000 | ||||||
8 | or more and (ii) December 31 of the assessment year in all | ||||||
9 | other
counties. The initial application must contain the | ||||||
10 | information required by the
Department of Revenue, which shall | ||||||
11 | prepare the form, including:
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12 | (1) a copy of the organization's charter from the State | ||||||
13 | of Illinois, if
applicable;
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14 | (2) the location or legal description of the property | ||||||
15 | on which is located
the principal building for the | ||||||
16 | organization, including the PIN number, if
available;
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17 | (3) a written instrument evidencing that the | ||||||
18 | organization is the record
owner or has a legal or | ||||||
19 | equitable interest in the property;
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20 | (4) an affidavit that the organization is liable for | ||||||
21 | paying the real
property taxes on the property; and
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22 | (5) the signature of the organization's chief | ||||||
23 | presiding officer.
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24 | Subsequent applications shall include any changes in the | ||||||
25 | initial application
and shall affirm the ownership, use, and | ||||||
26 | liability for taxes for the year in
which it is submitted. All |
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1 | applications shall be notarized.
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2 | (d) This Section does not apply to parcels exempt from | ||||||
3 | property taxes under
this Code.
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4 | (Source: P.A. 92-388, eff. 1-1-02; 92-859, eff. 1-3-03.)
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5 | (35 ILCS 200/10-360)
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6 | Sec. 10-360. Fraternal organization assessment freeze.
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7 | (a) For the taxable year 2003 and thereafter, the assessed | ||||||
8 | value of real
property owned and used by a fraternal | ||||||
9 | organization or its affiliated Illinois
not for profit | ||||||
10 | corporation chartered prior to 1920 that is an exempt entity
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11 | under Section 501(c)(2), 501(c)(8) or 501(c)(10) of the
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12 | Internal Revenue Code and
whose members provide, directly or | ||||||
13 | indirectly, financial support for
charitable works, which may | ||||||
14 | include medical care, drug rehabilitation, or
education, shall | ||||||
15 | be established by the chief county assessment officer as
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16 | follows:
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17 | (1) if the property meets the qualifications set forth | ||||||
18 | in this Section on
January 1, 2003 and on January 1 of each | ||||||
19 | subsequent assessment year, for
assessment year 2003 and | ||||||
20 | each subsequent assessment year, the final assessed
value | ||||||
21 | of the property shall be 15% of the final assessed value of | ||||||
22 | the property
for the assessment year 2002; or
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23 | (2) if the property first meets the qualifications set | ||||||
24 | forth in this
Section on January 1 of any assessment year | ||||||
25 | after assessment year 2003 and on
January 1 of each |
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1 | subsequent assessment year, for that first assessment year
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2 | and each subsequent assessment year, the final assessed | ||||||
3 | value shall be 15% of
the final assessed value of the | ||||||
4 | property for the assessment year in which the
property | ||||||
5 | first meets the qualifications set forth in this Section.
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6 | If, in any year, additions or improvements are made to | ||||||
7 | property subject to
assessment under this Section and the | ||||||
8 | additions or improvements would increase
the assessed value of | ||||||
9 | the property, then 15% of the final assessed value of the
| ||||||
10 | additions or improvements shall be added to the final assessed | ||||||
11 | value of the
property for the year in which the additions or | ||||||
12 | improvements are completed and
for all subsequent years that | ||||||
13 | the property is eligible for assessment under
this Section.
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14 | (b) For purposes of this Section, "final assessed value" | ||||||
15 | means the assessed
value after final board of review action.
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16 | (c) Fraternal organizations or their affiliated not for | ||||||
17 | profit corporations
whose property is assessed under this | ||||||
18 | Section
must annually submit an application to the chief county | ||||||
19 | assessment officer on
or before (i) January 31 of the | ||||||
20 | assessment year in counties with a population
of 3,000,000 or | ||||||
21 | more and (ii) December 31 of the assessment year in all other
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22 | counties. The initial application must contain the information | ||||||
23 | required by the
Department of Revenue, which shall prepare the | ||||||
24 | form, including:
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25 | (1) the location or legal description of the property | ||||||
26 | on which is located
the principal building for the |
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1 | organization, including the PIN number, if
available;
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2 | (2) a written instrument evidencing that the | ||||||
3 | organization or not for
profit corporation is the record
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4 | owner or has a legal or equitable interest in the property;
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5 | (3) an affidavit that the organization or not for | ||||||
6 | profit corporation is
liable for paying the real
property | ||||||
7 | taxes on the property; and
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8 | (4) the signature of the organization's or not for | ||||||
9 | profit corporation's
chief presiding officer.
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10 | Subsequent applications shall include any changes in the | ||||||
11 | initial application
and shall affirm the ownership, use, and | ||||||
12 | liability for taxes for the year in
which it is submitted. All | ||||||
13 | applications shall be notarized.
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14 | (d) This Section does not apply to parcels exempt from | ||||||
15 | property taxes under
this Code.
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16 | (Source: P.A. 92-859, eff. 1-3-03.)
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17 | Section 99. Effective date. This Act takes effect upon | ||||||
18 | becoming law.".
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