Illinois 2023-2024 Regular Session

Illinois House Bill HB2232 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	Public Act 103-0655
2	1		HB2232 EnrolledLRB103 25574 HLH 51923 b HB2232 Enrolled LRB103 25574 HLH 51923 b
3	2		HB2232 Enrolled LRB103 25574 HLH 51923 b
4		-	AN ACT concerning revenue.
5		-	Be it enacted by the People of the State of Illinois,
6		-	represented in the General Assembly:
7		-	Section 5. The Property Tax Code is amended by changing
8		-	Section 23-20 as follows:
9		-	(35 ILCS 200/23-20)
10		-	Sec. 23-20. Effect of protested payments; refunds. No
11		-	protest shall prevent or be a cause of delay in the
12		-	distribution of tax collections to the taxing districts of any
13		-	taxes collected which were not paid under protest. If the
14		-	final order of the Property Tax Appeal Board or of a court
15		-	results in a refund to the taxpayer, refunds shall be made by
16		-	the collector from funds remaining in the Protest Fund until
17		-	such funds are exhausted and thereafter from the next funds
18		-	collected after entry of the final order until full payment of
19		-	the refund and interest thereon has been made. Interest from
20		-	the date of payment, regardless of whether the payment was
21		-	made before the effective date of this amendatory Act of 1997,
22		-	or from the date payment is due, whichever is later, to the
23		-	date of refund shall also be paid to the taxpayer at the annual
24		-	rate of the lesser of (i) 5% or (ii) the percentage increase in
25		-	the Consumer Price Index For All Urban Consumers during the
26		-	12-month calendar year preceding the levy year for which the
	3	+	1 AN ACT concerning revenue.
	4	+	2 Be it enacted by the People of the State of Illinois,
	5	+	3 represented in the General Assembly:
	6	+	4 Section 5. The Property Tax Code is amended by changing
	7	+	5 Section 23-20 as follows:
	8	+	6 (35 ILCS 200/23-20)
	9	+	7 Sec. 23-20. Effect of protested payments; refunds. No
	10	+	8 protest shall prevent or be a cause of delay in the
	11	+	9 distribution of tax collections to the taxing districts of any
	12	+	10 taxes collected which were not paid under protest. If the
	13	+	11 final order of the Property Tax Appeal Board or of a court
	14	+	12 results in a refund to the taxpayer, refunds shall be made by
	15	+	13 the collector from funds remaining in the Protest Fund until
	16	+	14 such funds are exhausted and thereafter from the next funds
	17	+	15 collected after entry of the final order until full payment of
	18	+	16 the refund and interest thereon has been made. Interest from
	19	+	17 the date of payment, regardless of whether the payment was
	20	+	18 made before the effective date of this amendatory Act of 1997,
	21	+	19 or from the date payment is due, whichever is later, to the
	22	+	20 date of refund shall also be paid to the taxpayer at the annual
	23	+	21 rate of the lesser of (i) 5% or (ii) the percentage increase in
	24	+	22 the Consumer Price Index For All Urban Consumers during the
	25	+	23 12-month calendar year preceding the levy year for which the
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30	29		HB2232 Enrolled LRB103 25574 HLH 51923 b
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33		-	refund was made, as published by the federal Bureau of Labor
34		-	Statistics.
35		-	A claim for a refund resulting from a final order of the
36		-	Property Tax Appeal Board shall not be allowed unless the
37		-	claim is filed within 20 years from the date the right to a
38		-	refund arose; provided, however, that the aggregate total of
39		-	refunded taxes and interest shall not exceed $5,000,000 in any
40		-	calendar year for claims filed more than 7 years after the
41		-	right to the refund arose. If the payment of a claim for a
42		-	refund would cause the aggregate total of taxes and interest
43		-	to exceed $5,000,000 in any year, the refund shall be paid in
44		-	the next succeeding year.
45		-	The changes made to this Section by this amendatory Act of
46		-	the 103rd General Assembly apply to matters concerning refund
47		-	claims filed on or after the first day of the first month
48		-	following the effective date of this amendatory Act of the
49		-	103rd General Assembly.
50		-	(Source: P.A. 94-558, eff. 1-1-06.)
	32	+	HB2232 Enrolled- 2 -LRB103 25574 HLH 51923 b HB2232 Enrolled - 2 - LRB103 25574 HLH 51923 b
	33	+	HB2232 Enrolled - 2 - LRB103 25574 HLH 51923 b
	34	+	1 refund was made, as published by the federal Bureau of Labor
	35	+	2 Statistics.
	36	+	3 A claim for a refund resulting from a final order of the
	37	+	4 Property Tax Appeal Board shall not be allowed unless the
	38	+	5 claim is filed within 20 years from the date the right to a
	39	+	6 refund arose; provided, however, that the aggregate total of
	40	+	7 refunded taxes and interest shall not exceed $5,000,000 in any
	41	+	8 calendar year for claims filed more than 7 years after the
	42	+	9 right to the refund arose. If the payment of a claim for a
	43	+	10 refund would cause the aggregate total of taxes and interest
	44	+	11 to exceed $5,000,000 in any year, the refund shall be paid in
	45	+	12 the next succeeding year.
	46	+	13 The changes made to this Section by this amendatory Act of
	47	+	14 the 103rd General Assembly apply to matters concerning refund
	48	+	15 claims filed on or after the first day of the first month
	49	+	16 following the effective date of this amendatory Act of the
	50	+	17 103rd General Assembly.
	51	+	18 (Source: P.A. 94-558, eff. 1-1-06.)
	52	+
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	57	+	HB2232 Enrolled - 2 - LRB103 25574 HLH 51923 b