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90_SB1094sam001
LRB9002118KDpcam
1 AMENDMENT TO SENATE BILL 1094
2 AMENDMENT NO. . Amend Senate Bill 1094 by replacing
3 the title with the following:
4 "AN ACT to amend the Property Tax Code by changing
5 Section 15.10."; and
6 by replacing everything after the enacting clause with the
7 following:
8 "Section 5. The Property Tax Code is amended by changing
9 Section 15-10 as follows:
10 (35 ILCS 200/15-10)
11 Sec. 15-10. Exempt property; procedures for
12 certification. All property described in the Sections
13 following Section 15-30 and preceding Section 16-5, to the
14 extent therein limited, is exempt from taxation. However, it
15 is the duty of the titleholder or the owner of the beneficial
16 interest of any property that is exempt, except property
17 exempted under Section 15-45 (burial grounds) in counties of
18 less than 3,000,000 inhabitants and owned by a not-for-profit
19 organization, exempted under Section 15-50 (United States
20 property), and except as is otherwise provided in Sections
-2- LRB9002118KDpcam
1 15-170 and 15-175 (senior and general homesteads), to file
2 with the chief county assessment officer, on or before
3 January 31 of each year (May 31 in the case of property
4 exempted by Section 15-170), an affidavit stating whether
5 there has been any change in the ownership or use of the
6 property or the status of the owner-resident, or that a
7 disabled veteran who qualifies under Section 15-165 owned and
8 used the property as of January 1 of that year. In counties
9 of less than 3,000,000 inhabitants, the titleholder or the
10 owner of the beneficial interest of property owned by a
11 not-for-profit organization and exempt under Section 15-45 is
12 not required to file an affidavit after January 31, 1998.
13 The nature of any change shall be stated in the affidavit.
14 Failure to file an affidavit shall, in the discretion of the
15 assessment officer, constitute cause to terminate the
16 exemption of that property, notwithstanding any other
17 provision of this Code. Owners of 5 or more such exempt
18 parcels within a county may file a single annual affidavit in
19 lieu of an affidavit for each parcel. The assessment
20 officer, upon request, shall furnish an affidavit form to the
21 owners, in which the owner may state whether there has been
22 any change in the ownership or use of the property or status
23 of the owner or resident as of January 1 of that year. The
24 owner of 5 or more exempt parcels shall list all the
25 properties giving the same information for each parcel as
26 required of owners who file individual affidavits.
27 (Source: P.A. 87-895; 87-1189; 88-455.)".