Bill Text: IL SB1335 | 2011-2012 | 97th General Assembly | Enrolled
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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: Moderate Partisan Bill (Democrat 6-1)
Status: (Passed) 2011-12-16 - Public Act . . . . . . . . . 97-0637 [SB1335 Detail]
Download: Illinois-2011-SB1335-Enrolled.html
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: Moderate Partisan Bill (Democrat 6-1)
Status: (Passed) 2011-12-16 - Public Act . . . . . . . . . 97-0637 [SB1335 Detail]
Download: Illinois-2011-SB1335-Enrolled.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, | ||||||
| 3 | represented in the General Assembly:
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| 4 | Section 5. The Property Tax Code is amended by changing | ||||||
| 5 | Section 21-150 as follows:
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| 6 | (35 ILCS 200/21-150)
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| 7 | Sec. 21-150. Time of applying for judgment. Except as | ||||||
| 8 | otherwise provided in
this Section or by ordinance or | ||||||
| 9 | resolution enacted under subsection (c) of
Section 21-40, in | ||||||
| 10 | any county with fewer than 3,000,000 inhabitants, all | ||||||
| 11 | applications for judgment and order of sale for taxes and
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| 12 | special assessments on delinquent properties shall be made | ||||||
| 13 | within 90 days after the second installment due date. In Cook | ||||||
| 14 | County, all applications for judgment and order of sale for | ||||||
| 15 | taxes and special assessments on delinquent properties shall be | ||||||
| 16 | made (i) by July 1, 2011 for tax year 2009, (ii) by July 1, 2012 | ||||||
| 17 | for tax year 2010, (iii) by July 1, 2013 for tax year 2011, | ||||||
| 18 | (iv) by July 1, 2014 for tax year 2012, and (v) (ii) within 90 | ||||||
| 19 | days after the second installment due date for tax year 2013 | ||||||
| 20 | 2010 and each tax year thereafter. In those counties which have | ||||||
| 21 | adopted an ordinance under Section
21-40, the application for | ||||||
| 22 | judgment and order of sale for delinquent taxes
shall be made | ||||||
| 23 | in December. In the 10 years next following the completion of
a | ||||||
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| 1 | general reassessment of property in any county with 3,000,000 | ||||||
| 2 | or more
inhabitants, made under an order of the Department, | ||||||
| 3 | applications for judgment
and order of sale shall be made as | ||||||
| 4 | soon as may be and on the day specified in
the advertisement | ||||||
| 5 | required by Section 21-110 and 21-115. If for any cause the
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| 6 | court is not held on the day specified, the cause shall stand | ||||||
| 7 | continued, and it
shall be unnecessary to re-advertise the list | ||||||
| 8 | or notice.
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| 9 | Within 30 days after the day specified for the application | ||||||
| 10 | for judgment the
court shall hear and determine the matter. If | ||||||
| 11 | judgment is rendered, the sale
shall begin on the date within 5 | ||||||
| 12 | business days specified in the notice as
provided in Section | ||||||
| 13 | 21-115. If the collector is prevented from advertising and
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| 14 | obtaining judgment within the time periods specified by this | ||||||
| 15 | Section 90 days after the second installment due date, the | ||||||
| 16 | collector may obtain
judgment at any time thereafter; but if | ||||||
| 17 | the failure arises by the county
collector's not complying with | ||||||
| 18 | any of the requirements of this Code, he or she
shall be held | ||||||
| 19 | on his or her official bond for the full amount of all taxes | ||||||
| 20 | and
special assessments charged against him or her. In Cook | ||||||
| 21 | County, if the collector is prevented from advertising and | ||||||
| 22 | obtaining judgment by July 1, 2011 for tax year 2009, or within | ||||||
| 23 | 90 days after the second installment due date for tax year 2010 | ||||||
| 24 | and each tax year thereafter, the collector may obtain judgment | ||||||
| 25 | at any time thereafter, but if the failure arises by the county
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| 26 | collector's not complying with any of the requirements of this | ||||||
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| 1 | Code, then the county collector shall be held on his or her | ||||||
| 2 | official bond for the full amount of all taxes and special | ||||||
| 3 | assessments charged against him or her. Any failure on the part | ||||||
| 4 | of the
county collector shall not be allowed as a valid | ||||||
| 5 | objection to the collection of
any tax or assessment, or to | ||||||
| 6 | entry of a judgment against any delinquent
properties included | ||||||
| 7 | in the application of the county collector.
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| 8 | (Source: P.A. 96-1329, eff. 7-27-10; 96-1512, eff. 1-27-11.)
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