Bill Text: IL SB3607 | 2011-2012 | 97th General Assembly | Chaptered

---

Bill Title: Amends the Property Tax Code. Provides that complaints affecting the assessment of property shall be filed on or before 30 calendar days after the date of publication of the assessment list (now, those complaints must be filed on or before the 10th day of August in counties with less than 150,000 inhabitants and on or before the 10th day of September in counties with 150,000 or more but less than 3,000,000 inhabitants). Effective immediately.

Spectrum: Partisan Bill (Republican 4-0)

Status: (Passed) 2012-07-13 - Public Act . . . . . . . . . 97-0812 [SB3607 Detail]

Download: Illinois-2011-SB3607-Chaptered.html

---

Public Act 097-0812
SB3607 Enrolled LRB097 18590 HLH 63822 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 changing
Section 16-55 as follows:
(35 ILCS 200/16-55)
Sec. 16-55. Complaints. On written complaint that any
property is overassessed or underassessed, the board shall
review the assessment, and correct it, as appears to be just,
but in no case shall the property be assessed at a higher
percentage of fair cash value than other property in the
assessment district prior to equalization by the board or the
Department. The board shall include compulsory sales in
reviewing and correcting assessments, including, but not
limited to, those compulsory sales submitted by the taxpayer,
if the board determines that those sales reflect the same
property characteristics and condition as those originally
used to make the assessment. The board shall also consider
whether the compulsory sale would otherwise be considered an
arm's length transaction. A complaint to affect the assessment
for the current year shall be filed on or before the 10th day
of August in counties with less than 150,000 inhabitants and on
or before the 10th day of September in counties with 150,000 or

more but less than 3,000,000 inhabitants, except if the
assessment books containing the assessment complained of are
not filed with the board of review by the 10th day of July in a
county with fewer than 150,000 inhabitants or by the 10th day
of August in a county with 150,000 or more but less than
3,000,000 inhabitants, then the complaint shall be filed on or
before 30 calendar days after the date of publication of the
assessment list under Section 12-10. The board may also, at any
time before its revision of the assessments is completed in
every year, increase, reduce or otherwise adjust the assessment
of any property, making changes in the valuation as may be
just, and shall have full power over the assessment of any
person and may do anything in regard thereto that it may deem
necessary to make a just assessment, but the property shall not
be assessed at a higher percentage of fair cash value than the
assessed valuation of other property in the assessment district
prior to equalization by the board or the Department. No
assessment shall be increased until the person to be affected
has been notified and given an opportunity to be heard, except
as provided below. Before making any reduction in assessments
of its own motion, the board of review shall give notice to the
assessor or chief county assessment officer who certified the
assessment, and give the assessor or chief county assessment
officer an opportunity to be heard thereon. All complaints of
errors in assessments of property shall be in writing, and
shall be filed by the complaining party with the board of

review, in duplicate. The duplicate shall be filed by the board
of review with the assessor or chief county assessment officer
who certified the assessment. In all cases where a change in
assessed valuation of $100,000 or more is sought, the board of
review shall also serve a copy of the petition on all taxing
districts as shown on the last available tax bill at least 14
days prior to the hearing on the complaint. All taxing
districts shall have an opportunity to be heard on the
complaint. Complaints shall be classified by townships or
taxing districts by the clerk of the board of review. All
classes of complaints shall be docketed numerically, each in
its own class, in the order in which they are presented, in
books kept for that purpose, which books shall be open to
public inspection. Complaints shall be considered by townships
or taxing districts until all complaints have been heard and
passed upon by the board.
(Source: P.A. 96-1083, eff. 7-16-10.)
Section 99. Effective date. This Act takes effect upon
becoming law.