Bill Title: Amends the Property Tax Code. Provides that a claim for a refund resulting from a final order of the Property Tax Appeal Board shall not be allowed unless the claim is filed within 20 years from the date the right to a refund arose; provided, however, that the aggregate total of refunded taxes and interest shall not exceed $5,000,000 in any calendar year for claims filed more than 7 years after the right to the refund arose. Provides that if the payment of a claim for a refund would cause the aggregate total of taxes and interest to exceed $5,000,000 in any year, the refund shall be paid in the next succeeding year. Provides that the changes made by the amendatory Act apply to matters concerning refund claims filed on or after the first day of the first month following the effective date of the amendatory Act. Effective immediately.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Passed) 2024-07-19 - Public Act . . . . . . . . . 103-0655 [HB2232 Detail]

---

Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2024-07-22	HTML/Text	Link	View
Enrolled	2024-05-16	HTML/Text	Link	View
Engrossed	2024-04-12	HTML/Text	Link	View
Introduced	2023-02-08	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 002	2023-05-25	Proposed	HTML/Text	Link	View
House Amendment 001	2023-04-24	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB2232 currently on file.

Social Comments on IL HB2232