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Public Act 91-0635
HB0134 Enrolled LRB9100448PTpk
AN ACT concerning veterans organizations.
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 adding
the Division 11 heading of Article 10 and Section 10-240 as
follows:
(35 ILCS 200/Art. 10, Div. 11 heading new)
DIVISION 11. VETERANS ORGANIZATION PROPERTY
(35 ILCS 200/10-240 new)
Sec. 10-240. Veterans organization assessment freeze.
(a) For the taxable year 2000 and thereafter, the
assessed value of real property owned and used by a veterans
organization chartered under federal law, on which is located
the principal building for the post, camp, or chapter, must
be frozen by the chief county assessment officer at (i) 15%
of the 1999 assessed value of the property for property that
qualifies for the assessment freeze in taxable year 2000 or
(ii) 15% of the assessed value of the property for the
taxable year that the property first qualifies for the
assessment freeze after taxable year 2000. If, in any year,
improvements or additions are made to the property that would
increase the assessed value of the property were it not for
this Section, then 15% of the assessed value of such
improvements shall be added to the assessment of the property
for that year and all subsequent years the property is
eligible for the freeze.
(b) The veterans organization must annually submit an
application to the chief county assessment officer on or
before (i) January 31 of the assessment year in counties with
a population of 3,000,000 or more and (ii) December 31 of the
assessment year in all other counties. The initial
application must contain the information required by the
Department of Revenue, including (i) a copy of the
organization's congressional charter, (ii) the location or
description of the property on which is located the principal
building for the post, camp, or chapter, (iii) a written
instrument evidencing that the organization is the record
owner or has a legal or equitable interest in the property,
(iv) an affidavit that the organization is liable for paying
the real property taxes on the property, and (v) the
signature of the organization's chief presiding officer.
Subsequent applications shall include any changes in the
initial application and shall be signed by the organization's
chief presiding officer. All applications shall be
notarized.
(c) This Section shall not apply to parcels exempt under
Section 15-145.
Section 90. The State Mandates Act is amended by adding
Section 8.23 as follows:
(30 ILCS 805/8.23 new)
Sec. 8.23. Exempt mandate. Notwithstanding Sections 6
and 8 of this Act, no reimbursement by the State is required
for the implementation of any mandate created by this
amendatory Act of 1999.
Section 99. Effective date. This Act takes effect July
4, 1999.
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