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90_SB1094enr
35 ILCS 5/202 from Ch. 120, par. 2-202
35 ILCS 200/15-175
Amends the Illinois Income Tax Act. Makes provisions in
the Section defining net income gender neutral. Amends the
Property Tax Code. Makes provisions in the Section
concerning the homestead exemption gender neutral.
LRB9002118KDks
SB1094 Enrolled LRB9002118KDks
1 AN ACT to amend the Property Tax Code by changing Section
2 15.10.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Property Tax Code is amended by changing
6 Section 15-10 as follows:
7 (35 ILCS 200/15-10)
8 Sec. 15-10. Exempt property; procedures for
9 certification. All property described in the Sections
10 following Section 15-30 and preceding Section 16-5, to the
11 extent therein limited, is exempt from taxation. However, it
12 is the duty of the titleholder or the owner of the beneficial
13 interest of any property that is exempt, except property
14 exempted under Section 15-45 (burial grounds) in counties of
15 less than 3,000,000 inhabitants and owned by a not-for-profit
16 organization, exempted under Section 15-50 (United States
17 property), and except as is otherwise provided in Sections
18 15-170 and 15-175 (senior and general homesteads), to file
19 with the chief county assessment officer, on or before
20 January 31 of each year (May 31 in the case of property
21 exempted by Section 15-170), an affidavit stating whether
22 there has been any change in the ownership or use of the
23 property or the status of the owner-resident, or that a
24 disabled veteran who qualifies under Section 15-165 owned and
25 used the property as of January 1 of that year. In counties
26 of less than 3,000,000 inhabitants, the titleholder or the
27 owner of the beneficial interest of property owned by a
28 not-for-profit organization and exempt under Section 15-45 is
29 not required to file an affidavit after January 31, 1998.
30 The nature of any change shall be stated in the affidavit.
31 Failure to file an affidavit shall, in the discretion of the
SB1094 Enrolled -2- LRB9002118KDks
1 assessment officer, constitute cause to terminate the
2 exemption of that property, notwithstanding any other
3 provision of this Code. Owners of 5 or more such exempt
4 parcels within a county may file a single annual affidavit in
5 lieu of an affidavit for each parcel. The assessment
6 officer, upon request, shall furnish an affidavit form to the
7 owners, in which the owner may state whether there has been
8 any change in the ownership or use of the property or status
9 of the owner or resident as of January 1 of that year. The
10 owner of 5 or more exempt parcels shall list all the
11 properties giving the same information for each parcel as
12 required of owners who file individual affidavits.
13 (Source: P.A. 87-895; 87-1189; 88-455.)