Rep. Robert "Bob" Rita

Filed: 4/24/2023

 

 


 

 


 
10300HB2232ham001LRB103 25574 HLH 58798 a

1
AMENDMENT TO HOUSE BILL 2232

2    AMENDMENT NO. ______. Amend House Bill 2232 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Property Tax Code is amended by changing
5Section 23-20 as follows:
 
6    (35 ILCS 200/23-20)
7    Sec. 23-20. Effect of protested payments; refunds. No
8protest shall prevent or be a cause of delay in the
9distribution of tax collections to the taxing districts of any
10taxes collected which were not paid under protest. If the
11final order of the Property Tax Appeal Board or of a court
12results in a refund to the taxpayer, the collector shall issue
13the refund regardless of the tax year or date of that final
14order. Refunds refunds shall be made by the collector from
15funds remaining in the Protest Fund until such funds are
16exhausted and thereafter from the next funds collected after

 

 

10300HB2232ham001- 2 -LRB103 25574 HLH 58798 a

1entry of the final order until full payment of the refund and
2interest thereon has been made. Interest from the date of
3payment, regardless of whether the payment was made before the
4effective date of this amendatory Act of 1997, or from the date
5payment is due, whichever is later, to the date of refund shall
6also be paid to the taxpayer at the annual rate of the lesser
7of (i) 5% or (ii) the percentage increase in the Consumer Price
8Index For All Urban Consumers during the 12-month calendar
9year preceding the levy year for which the refund was made, as
10published by the federal Bureau of Labor Statistics.
11(Source: P.A. 94-558, eff. 1-1-06.)
 
12    Section 99. Effective date. This Act takes effect upon
13becoming law.".