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1 | AN ACT concerning taxes.
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2 | Be it enacted by the People of the State of Illinois, | ||||||||||||||||||||||||||||
3 | represented in the General Assembly:
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4 | Section 5. The Property Tax Code is amended by changing
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5 | Section 12-30 and by adding Section 15-178 as follows:
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6 | (35 ILCS 200/12-30)
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7 | Sec. 12-30. Mailed notice of changed assessments; counties | ||||||||||||||||||||||||||||
8 | of less than
3,000,000. In every county with less than | ||||||||||||||||||||||||||||
9 | 3,000,000 inhabitants, in addition to
the publication of the | ||||||||||||||||||||||||||||
10 | list of assessments in each year of a general assessment
and of | ||||||||||||||||||||||||||||
11 | the list of property for which assessments have been added or | ||||||||||||||||||||||||||||
12 | changed,
as provided above, a notice shall be mailed by the | ||||||||||||||||||||||||||||
13 | chief county assessment
officer to each taxpayer whose | ||||||||||||||||||||||||||||
14 | assessment has been changed since the last
preceding | ||||||||||||||||||||||||||||
15 | assessment, using the address as it appears on the assessor's
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16 | records, except in the case of changes caused by a change in | ||||||||||||||||||||||||||||
17 | the county
equalization factor by the Department or in the case | ||||||||||||||||||||||||||||
18 | of changes resulting
from equalization by the supervisor of | ||||||||||||||||||||||||||||
19 | assessments under Section 9-210,
during any year such change is | ||||||||||||||||||||||||||||
20 | made. The notice may, but need not be, sent by a
township | ||||||||||||||||||||||||||||
21 | assessor. The notice shall include the median level of | ||||||||||||||||||||||||||||
22 | assessment in
the assessment district (as determined by the | ||||||||||||||||||||||||||||
23 | most recent 3 year assessment to
sales ratio study adjusted to |
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1 | take into account any changes in assessment
levels since the | ||||||
2 | data for the studies were collected), the previous year's
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3 | assessed value after board of review equalization, current | ||||||
4 | assessed value and,
in bold type, a notice of possible | ||||||
5 | eligibility for a homestead improvement
exemption as provided | ||||||
6 | in Sections 15-178 and
Section 15-180.
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7 | The notice shall include a statement in substantially the | ||||||
8 | following form:
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9 | "NOTICE TO TAXPAYER
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10 | Your property is to be assessed at the median level of | ||||||
11 | assessment for
your assessment district. You may check the | ||||||
12 | accuracy of your assessment
by dividing your assessment by the | ||||||
13 | median level of assessment for your
assessment district. If the | ||||||
14 | resulting value is greater than the estimated fair
cash value | ||||||
15 | of your property, you may be over-assessed. If the resulting | ||||||
16 | value
is less than the estimated fair cash value of your | ||||||
17 | property, you may be
under-assessed. You may appeal your | ||||||
18 | assessment to the Board of Review in the
manner described | ||||||
19 | elsewhere in this notice."
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20 | The notice shall contain a brief explanation of the | ||||||
21 | relationship between the
assessment and the tax bill (including | ||||||
22 | an explanation of the equalization
factors) and an explanation | ||||||
23 | that the assessment stated for the preceding year
is the | ||||||
24 | assessment after equalization by the board of review in the | ||||||
25 | preceding
year, and shall set forth the procedures and time | ||||||
26 | limits for appealing
assessments and that assessments of |
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1 | property, other than farm land and coal,
are required by law to | ||||||
2 | be 33 1/3% of value. Where practicable, the notice
shall | ||||||
3 | include the reason for any increase in the property's | ||||||
4 | valuation. The
notice must also state the name and price per | ||||||
5 | copy by mail of the newspaper in
which the list of assessments | ||||||
6 | will be published. The form and manner of
providing the | ||||||
7 | information and explanations required to be in the notice shall
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8 | be prescribed by the Department.
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9 | (Source: P.A. 87-1189; 88-455; incorporates 88-321; 88-670, | ||||||
10 | eff. 12-2-94.)
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11 | (35 ILCS 200/15-178 new)
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12 | Sec. 15-178. Homestead improvements; fire safety system. | ||||||
13 | Homestead properties that (i) have been improved with a fire | ||||||
14 | safety sprinkler system after January 1, 2008 or (ii) have been | ||||||
15 | modified after January 1, 2008 to comply with a fire safety | ||||||
16 | compliance plan approved by the applicable local authorities | ||||||
17 | are entitled to a fire safety homestead improvement exemption, | ||||||
18 | limited to $2,500 or the actual cost of installation or | ||||||
19 | modification, whichever is less, for the year that the system | ||||||
20 | is installed or the modification is made, and $100 each year | ||||||
21 | thereafter that the system or modification remains in place, in
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22 | equalized and
assessed value, when that property is owned and | ||||||
23 | used exclusively for a
residential
purpose. The exemption shall | ||||||
24 | be in addition to the exemption that may be
available to a
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25 | person under Section 15-180. The exemption shall continue for |
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1 | as long as the
system
remains in place. The assessor or chief | ||||||
2 | county assessment officer may determine the
eligibility of | ||||||
3 | residential property to receive the homestead exemption | ||||||
4 | provided by this
Section by application, visual inspection, | ||||||
5 | questionnaire, or other reasonable methods.
The determination | ||||||
6 | shall be made in accordance with guidelines established by the
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7 | Department. For land improved with an apartment building owned | ||||||
8 | and operated as a
cooperative, the maximum reduction from the | ||||||
9 | equalized assessed value of the property
shall be multiplied by | ||||||
10 | the number of apartments or units in the building. Whenever the
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11 | cost of installing or maintaining a fire safety sprinkler | ||||||
12 | system or the cost of making a building modification to comply | ||||||
13 | with a life safety compliance plan is recouped by special | ||||||
14 | assessment or similar assessment imposed by a condominium | ||||||
15 | association or other entity upon the owner of a
condominium | ||||||
16 | unit or cooperative apartment or unit, the "actual cost of | ||||||
17 | installation or modification" for the year that the system is | ||||||
18 | installed or the modification is made with respect to that unit | ||||||
19 | or apartment shall be the
total annual amount of the special | ||||||
20 | assessment for each year that the assessment
is paid, up
to a | ||||||
21 | total of $2,500 for all years; provided that nothing in this | ||||||
22 | sentence
limits the amount
of the exemption that is available | ||||||
23 | in subsequent years.
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24 | "Homestead property" under this Section includes | ||||||
25 | residential property that is
occupied by its owner or owners as | ||||||
26 | his, her, or their principal dwelling place,
or that is a
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1 | leasehold interest on which a single family residence is | ||||||
2 | situated, which is
occupied as a
residence by a person who has | ||||||
3 | an ownership interest therein, legal or equitable
or as a
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4 | lessee, and on which the person is liable for the payment of | ||||||
5 | property taxes.
"Fire safety
sprinkler system" under this | ||||||
6 | Section means an automatic sprinkler system that
meets the
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7 | standard for such systems established by local fire protection | ||||||
8 | authorities or
the Office of
the State Fire Marshal.
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9 | For purposes of this Section, "life safety compliance plan" | ||||||
10 | means a plan concerning public safety adopted by a unit of | ||||||
11 | local government that is imposed upon a building owner as an | ||||||
12 | alternative or supplement to any requirement concerning a fire | ||||||
13 | safety sprinkler system.
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14 | In a cooperative where an exemption has been granted, the | ||||||
15 | cooperative
association or its management firm shall credit the | ||||||
16 | savings resulting from the
exemption
against the apportioned | ||||||
17 | tax liability of the owner who qualified for the
exemption. Any
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18 | person who willfully refuses to so credit the savings shall be | ||||||
19 | guilty of a
Class B
misdemeanor.
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20 | Notwithstanding Sections 6 and 8 of the State Mandates Act, | ||||||
21 | no reimbursement
by the State is required for the | ||||||
22 | implementation of any mandate created by this
Section.
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23 | Section 90. The State Mandates Act is amended by adding | ||||||
24 | Section 8.32 as follows: |
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1 | (30 ILCS 805/8.32 new) | ||||||
2 | Sec. 8.32. Exempt mandate. Notwithstanding Sections 6 and 8 | ||||||
3 | of this Act, no reimbursement by the State is required for the | ||||||
4 | implementation of any mandate created by this amendatory Act of | ||||||
5 | the 95th General Assembly. | ||||||
6 | Section 99. Effective date. This Act takes effect upon | ||||||
7 | becoming law. |