100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB5445

 

Introduced , by Rep. Sheri Jesiel

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/10-350

    Amends the Property Tax Code. Removes a requirement that a fraternal organization must prohibit the use of alcohol on the property to be eligible for the fraternal organization assessment freeze. Effective immediately.


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FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5445LRB100 18552 HLH 33770 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 10-350 as follows:
 
6    (35 ILCS 200/10-350)
7    Sec. 10-350. Fraternal organization assessment freeze.
8    (a) For the taxable year 2001 and thereafter, the assessed
9value of real property owned and used by a fraternal
10organization chartered by the State of Illinois prior to 1900,
11or its subordinate organization or entity, (i) that prohibits
12gambling and the use of alcohol on the property, (ii) that is
13an exempt entity under Section 501(c)(10) of the Internal
14Revenue Code, and (iii) whose members provide, directly or
15indirectly, financial support for charitable works, which may
16include medical care, drug rehabilitation, or education, shall
17be established by the chief county assessment officer as
18follows:
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

 

 

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1    the property for the assessment year 2000; or
2        (2) if the property first meets the qualifications set
3    forth in this Section on January 1 of any assessment year
4    after assessment year 2001 and on January 1 of each
5    subsequent assessment year, for that first assessment year
6    and each subsequent assessment year, the final assessed
7    value shall be 15% of the final assessed value of the
8    property for the assessment year in which the property
9    first meets the qualifications set forth in this Section.
10    If, in any year, additions or improvements are made to
11property subject to assessment under this Section and the
12additions or improvements would increase the assessed value of
13the property, then 15% of the final assessed value of the
14additions or improvements shall be added to the final assessed
15value of the property for the year in which the additions or
16improvements are completed and for all subsequent years that
17the property is eligible for assessment under this Section.
18    (b) For purposes of this Section, "final assessed value"
19means the assessed value after final board of review action.
20    (c) Fraternal organizations whose property is assessed
21under this Section must annually submit an application to the
22chief county assessment officer on or before (i) January 31 of
23the assessment year in counties with a population of 3,000,000
24or more and (ii) December 31 of the assessment year in all
25other counties. The initial application must contain the
26information required by the Department of Revenue, which shall

 

 

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1prepare the form, including:
2        (1) a copy of the organization's charter from the State
3    of Illinois, if applicable;
4        (2) the location or legal description of the property
5    on which is located the principal building for the
6    organization, including the PIN number, if available;
7        (3) a written instrument evidencing that the
8    organization is the record owner or has a legal or
9    equitable interest in the property;
10        (4) an affidavit that the organization is liable for
11    paying the real property taxes on the property; and
12        (5) the signature of the organization's chief
13    presiding officer.
14    Subsequent applications shall include any changes in the
15initial application and shall affirm the ownership, use, and
16liability for taxes for the year in which it is submitted. All
17applications shall be notarized.
18    (d) This Section does not apply to parcels exempt from
19property taxes under this Code.
20(Source: P.A. 91-834, eff. 1-1-01.)
 
21    Section 99. Effective date. This Act takes effect upon
22becoming law.