Bill Text: IL HB3947 | 2011-2012 | 97th General Assembly | Introduced

---

Bill Title: Amends the Property Tax Code. Provides that a board of review may enter into discussions with a taxpayer aimed at achieving a stipulated revised assessment upon the property. Contains provisions concerning notice provided to taxing districts. Contains provisions concerning objections by taxing districts to the proposed assessment, and requires that those objections be submitted to the board of review within 45 days after the district receives notice of the proposed assessment. Provides that, within 120 days after the Property Tax Appeal Board's receipt of the stipulation or assessment agreement, the Property Tax Appeal Board shall issue a decision in accordance with the stipulation or assessment agreement, unless it finds that the Property Tax Appeal Board lacks jurisdiction over the appeal or that the stipulation or assessment agreement is against the manifest weight of the evidence. Contains provisions concerning notice to taxing districts. Provides that discussions of a proposed settlement may not be used as evidence in any hearing with respect to that assessment year and that property. Effective immediately.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Failed) 2013-01-08 - Session Sine Die [HB3947 Detail]

Download: Illinois-2011-HB3947-Introduced.html

---

97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 HB3947 Introduced , by Rep. David R. Leitch SYNOPSIS AS INTRODUCED:
35 ILCS 200/16-181 new
Amends the Property Tax Code. Provides that a board of review may enter into discussions with a taxpayer aimed at achieving a stipulated revised assessment upon the property. Contains provisions concerning notice provided to taxing districts. Contains provisions concerning objections by taxing districts to the proposed assessment, and requires that those objections be submitted to the board of review within 45 days after the district receives notice of the proposed assessment. Provides that, within 120 days after the Property Tax Appeal Board's receipt of the stipulation or assessment agreement, the Property Tax Appeal Board shall issue a decision in accordance with the stipulation or assessment agreement, unless it finds that the Property Tax Appeal Board lacks jurisdiction over the appeal or that the stipulation or assessment agreement is against the manifest weight of the evidence. Contains provisions concerning notice to taxing districts. Provides that discussions of a proposed settlement may not be used as evidence in any hearing with respect to that assessment year and that property. Effective immediately.
LRB097 14631 HLH 59511 b
FISCAL NOTE ACT MAY APPLY HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
A BILL FOR
HB3947 LRB097 14631 HLH 59511 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 adding
Section 16-181 as follows:
(35 ILCS 200/16-181 new)
Sec. 16-181. Stipulation to revised assessment. The board
of review whose decision is being appealed may, at its
discretion, enter into discussions with a taxpayer aimed at
achieving a stipulated revised assessment upon the property,
either prior to or after receipt of the taxpayer's petition
from the Property Tax Appeal Board. If such discussions
commence prior to the board of review's receipt of the
taxpayer's petition from the Property Tax Appeal Board, the
taxpayer shall provide the board of review with such evidence
of the taxpayer's timely filing of its appeal before the
Property Tax Appeal Board as the board of review may request,
including but not limited to a copy of the taxpayer's petition
as filed with the Property Tax Appeal Board. If, after
discussions have been entered into, the taxpayer and the board
of review propose to stipulate to a revised assessment of the
property, and if the original complaint requested a reduction
in assessed value of more than $100,000, then the board of

HB3947 - 2 - LRB097 14631 HLH 59511 b
review shall first serve a copy of the proposed stipulation or
assessment agreement on all taxing districts as shown on the
last available property tax bill, along with a copy of the
taxpayer's petition as provided to the board of review and all
other evidence used to reach the settlement. The taxing
districts so served shall have a period of 45 days after the
postmark date of the notice from the board of review to file a
written objection to the proposal with the board of review.
Failure of a taxing district to object to the proposed
assessment within the 45-day objection period shall be
considered acceptance of the proposed assessment. Upon the
later of (i) the expiration of the 45-day objection period or
(ii) written resolution of any timely filed written objection
received from a taxing district, the board of review shall
provide the proposed stipulation or assessment agreement to the
Property Tax Appeal Board along with a certificate of service
affirming that all taxing districts have been notified of the
proposed stipulation or assessment agreement, and that no
timely written objections to the stipulation or assessment
agreement have been received or that any such objections have
been fully resolved. The certificate of service shall be signed
by a member of the board of review or the clerk of the board of
review. Within 120 days after the Property Tax Appeal Board's
receipt of the stipulation or assessment agreement and
certificate of service, the Property Tax Appeal Board shall
issue a decision in accordance with the stipulation or

HB3947 - 3 - LRB097 14631 HLH 59511 b
assessment agreement, unless it finds that the Property Tax
Appeal Board lacks jurisdiction over the appeal or that the
stipulation or assessment agreement is against the manifest
weight of the evidence.
If the board of review provides notice to the affected
taxing districts of the proposed stipulation or assessment
agreement, and a taxing district (i) does not respond to the
notice, (ii) accepts the proposed assessment, or (iii) reaches
a written resolution with the board of review and the taxpayer,
then the board of review is not required to otherwise send
notice as required by Section 16-180 of the Property Tax Code
to that taxing district, and that taxing district is precluded
from intervening or otherwise participating in the appeal
pending before the Property Tax Appeal Board challenging the
assessment. If a taxing district files a written objection to
the proposal to the board of review which is not followed by a
written resolution, then the appeal shall proceed as provided
by law, the board of review must notify that taxing district as
required by Section 16-180, and any proposed stipulation or
assessment agreement shall not be considered or introduced as
evidence in any proceeding before the Property Tax Appeal
Board.