Public Act 094-1031
SB0680 Enrolled LRB094 04410 BDD 34439 b

    AN ACT concerning revenue.
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
    Section 5. The Property Tax Code is amended by changing
Section 16-70 as follows:
    (35 ILCS 200/16-70)
    Sec. 16-70. Determination of exemptions. The board of
review shall hear and determine the application of any person
who is assessed on property claimed to be exempt from taxation.
However, the decision of the board shall not be final, except
as to homestead exemptions. Upon filing of any application for
a non-homestead exemption which would reduce the assessed
valuation of any property by more than $100,000, the owner
shall deliver, in person or by mail, a copy of the application
to any municipality, school district, and community college
district, and fire protection district in which the property is
situated. Failure of a municipality, school district, or
community college district, or fire protection district to
receive the notice shall not invalidate any exemption. The
board shall give the municipalities, school districts, and
community college districts, fire protection districts, and
the taxpayer an opportunity to be heard. The clerk of the board
in all cases other than homestead exemptions, under the
direction of the board, shall make out and forward to the
Department, a full and complete statement of all the facts in
the case. The Department shall determine whether the property
is legally liable to taxation. It shall notify the board of
review of its decision, and the board shall correct the
assessment if necessary. The decision of the Department is
subject to review under Sections 8-35 and 8-40. The extension
of taxes on any assessment shall not be delayed by any
proceedings under this Section, and, if the Department rules
that the property is exempt, any taxes extended upon the
unauthorized assessment shall be abated or, if paid, shall be
(Source: P.A. 86-345; 86-413; 86-1028; 86-1481; 88-455.)

Effective Date: 1/1/2007