Bill Text: IL HB4836 | 2021-2022 | 102nd General Assembly | Introduced
Bill Title: Amends the Property Tax Code. Provides that, for State fiscal years beginning on or after July 1, 2022, the Department of Revenue shall remit the assessor's additional performance-based compensation to the appropriate township, and the township shall pay the additional compensation to the assessor from those funds. Provides that, with respect to that additional compensation, the township shall be considered the assessor's employer for payroll purposes. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2022-01-27 - Referred to Rules Committee [HB4836 Detail]
Download: Illinois-2021-HB4836-Introduced.html
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| 1 | AN ACT concerning revenue.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Property Tax Code is amended by changing | |||||||||||||||||||
| 5 | Section 4-20 as follows:
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| 6 | (35 ILCS 200/4-20)
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| 7 | Sec. 4-20. Additional compensation based on performance. | |||||||||||||||||||
| 8 | Any assessor in
counties with less than 3,000,000 but more | |||||||||||||||||||
| 9 | than 50,000 inhabitants each
year may petition the Department | |||||||||||||||||||
| 10 | to receive additional compensation based on
performance. To | |||||||||||||||||||
| 11 | receive additional compensation, the official's assessment
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| 12 | jurisdiction must meet the following criteria:
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| 13 | (1) the median level of assessment must be no more | |||||||||||||||||||
| 14 | than
35 1/3% and no less than 31 1/3% of fair cash value of | |||||||||||||||||||
| 15 | property
in his or her assessment jurisdiction; and
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| 16 | (2) the coefficient of dispersion must not be greater | |||||||||||||||||||
| 17 | than 15%.
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| 18 | For purposes of this Section, "coefficient of dispersion" | |||||||||||||||||||
| 19 | means the average
deviation of all assessments from the median | |||||||||||||||||||
| 20 | level.
For purposes of this Section, the number of inhabitants | |||||||||||||||||||
| 21 | shall be determined
by the latest federal decennial census. | |||||||||||||||||||
| 22 | When the most
recent census shows an increase in inhabitants | |||||||||||||||||||
| 23 | to over 50,000 or a decrease
to 50,000 or fewer, then the
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| 1 | assessment year used to compute the coefficient of dispersion | ||||||
| 2 | and the most
recent year of the 3-year average level of | ||||||
| 3 | assessments is the year that
determines qualification for | ||||||
| 4 | additional
compensation.
The Department will
promulgate rules | ||||||
| 5 | and regulations to determine whether an assessor meets these
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| 6 | criteria.
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| 7 | Any assessor in a county of 50,000 or fewer inhabitants | ||||||
| 8 | may
petition the
Department for consideration to receive | ||||||
| 9 | additional compensation each year
based on performance. In | ||||||
| 10 | order to receive the additional compensation, the
assessments | ||||||
| 11 | in the official's assessment jurisdiction must meet the | ||||||
| 12 | following
criteria: (i) the median level of assessments must | ||||||
| 13 | be no more than 35 1/3% and
no less than 31 1/3% of fair cash | ||||||
| 14 | value of property in his or her assessment
jurisdiction; and | ||||||
| 15 | (ii) the coefficient of dispersion must not be greater than
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| 16 | 40% in 1994, 38% in 1995, 36% in 1996, 34% in 1997, 32% in | ||||||
| 17 | 1998, and 30% in
1999 and every year thereafter.
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| 18 | Real estate transfer declarations used by the Department | ||||||
| 19 | in annual
sales-assessment ratio studies will be used to | ||||||
| 20 | evaluate applications for
additional compensation. The | ||||||
| 21 | Department will audit other property to determine
if the | ||||||
| 22 | sales-assessment ratio study data is representative of the | ||||||
| 23 | assessment
jurisdiction. If the ratio study is found not | ||||||
| 24 | representative, appraisals and
other information may be | ||||||
| 25 | utilized. If the ratio study is representative, upon
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| 26 | certification by the Department, the assessor shall receive | ||||||
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| 1 | additional
compensation of $3,000 for that year, to be paid | ||||||
| 2 | out of funds appropriated to
the Department from the Personal | ||||||
| 3 | Property Tax Replacement Fund.
For State fiscal years | ||||||
| 4 | beginning on or after July 1, 2022, the Department shall remit | ||||||
| 5 | those funds to the appropriate townships, and the township | ||||||
| 6 | shall pay the additional compensation to the assessor from | ||||||
| 7 | those funds. On and after July 1, 2022, with respect to the | ||||||
| 8 | additional compensation under this Section, the township shall | ||||||
| 9 | be considered the assessor's employer for payroll purposes, | ||||||
| 10 | including, but not limited to, State and federal income tax | ||||||
| 11 | reporting and withholding and employer contributions under the | ||||||
| 12 | Illinois Pension Code.
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| 13 | As used in this Section, "assessor" means any township or | ||||||
| 14 | multi-township
assessor, or supervisor of assessments.
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| 15 | (Source: P.A. 97-72, eff. 7-1-11.)
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| 16 | Section 99. Effective date. This Act takes effect upon | ||||||
| 17 | becoming law.
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