Illinois 2023-2024 Regular Session

Illinois House Bill HB2359 Compare Versions

Only one version of the bill is available at this time.

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1	1	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2359 Introduced , by Rep. Maura Hirschauer SYNOPSIS AS INTRODUCED: 35 ILCS 200/4-20 Amends the Property Tax Code. Provides that, for State fiscal years beginning on or after July 1, 2023, 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. LRB103 27264 HLH 53635 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2359 Introduced , by Rep. Maura Hirschauer SYNOPSIS AS INTRODUCED: 35 ILCS 200/4-20 35 ILCS 200/4-20 Amends the Property Tax Code. Provides that, for State fiscal years beginning on or after July 1, 2023, 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. LRB103 27264 HLH 53635 b LRB103 27264 HLH 53635 b A BILL FOR
2	2	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2359 Introduced , by Rep. Maura Hirschauer SYNOPSIS AS INTRODUCED:
3	3	35 ILCS 200/4-20 35 ILCS 200/4-20
4	4	35 ILCS 200/4-20
5	5	Amends the Property Tax Code. Provides that, for State fiscal years beginning on or after July 1, 2023, 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.
6	6	LRB103 27264 HLH 53635 b LRB103 27264 HLH 53635 b
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8	8	A BILL FOR
9	9	HB2359LRB103 27264 HLH 53635 b HB2359 LRB103 27264 HLH 53635 b
10	10	HB2359 LRB103 27264 HLH 53635 b
11	11	1 AN ACT concerning revenue.
12	12	2 Be it enacted by the People of the State of Illinois,
13	13	3 represented in the General Assembly:
14	14	4 Section 5. The Property Tax Code is amended by changing
15	15	5 Section 4-20 as follows:
16	16	6 (35 ILCS 200/4-20)
17	17	7 Sec. 4-20. Additional compensation based on performance.
18	18	8 Any assessor in counties with less than 3,000,000 but more
19	19	9 than 50,000 inhabitants each year may petition the Department
20	20	10 to receive additional compensation based on performance. To
21	21	11 receive additional compensation, the official's assessment
22	22	12 jurisdiction must meet the following criteria:
23	23	13 (1) the median level of assessment must be no more
24	24	14 than 35 1/3% and no less than 31 1/3% of fair cash value of
25	25	15 property in his or her assessment jurisdiction; and
26	26	16 (2) the coefficient of dispersion must not be greater
27	27	17 than 15%.
28	28	18 For purposes of this Section, "coefficient of dispersion"
29	29	19 means the average deviation of all assessments from the median
30	30	20 level. For purposes of this Section, the number of inhabitants
31	31	21 shall be determined by the latest federal decennial census.
32	32	22 When the most recent census shows an increase in inhabitants
33	33	23 to over 50,000 or a decrease to 50,000 or fewer, then the
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37	37	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2359 Introduced , by Rep. Maura Hirschauer SYNOPSIS AS INTRODUCED:
38	38	35 ILCS 200/4-20 35 ILCS 200/4-20
39	39	35 ILCS 200/4-20
40	40	Amends the Property Tax Code. Provides that, for State fiscal years beginning on or after July 1, 2023, 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.
41	41	LRB103 27264 HLH 53635 b LRB103 27264 HLH 53635 b
42	42	LRB103 27264 HLH 53635 b
43	43	A BILL FOR
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49	49	35 ILCS 200/4-20
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68	68	1 assessment year used to compute the coefficient of dispersion
69	69	2 and the most recent year of the 3-year average level of
70	70	3 assessments is the year that determines qualification for
71	71	4 additional compensation. The Department will promulgate rules
72	72	5 and regulations to determine whether an assessor meets these
73	73	6 criteria.
74	74	7 Any assessor in a county of 50,000 or fewer inhabitants
75	75	8 may petition the Department for consideration to receive
76	76	9 additional compensation each year based on performance. In
77	77	10 order to receive the additional compensation, the assessments
78	78	11 in the official's assessment jurisdiction must meet the
79	79	12 following criteria: (i) the median level of assessments must
80	80	13 be no more than 35 1/3% and no less than 31 1/3% of fair cash
81	81	14 value of property in his or her assessment jurisdiction; and
82	82	15 (ii) the coefficient of dispersion must not be greater than
83	83	16 40% in 1994, 38% in 1995, 36% in 1996, 34% in 1997, 32% in
84	84	17 1998, and 30% in 1999 and every year thereafter.
85	85	18 Real estate transfer declarations used by the Department
86	86	19 in annual sales-assessment ratio studies will be used to
87	87	20 evaluate applications for additional compensation. The
88	88	21 Department will audit other property to determine if the
89	89	22 sales-assessment ratio study data is representative of the
90	90	23 assessment jurisdiction. If the ratio study is found not
91	91	24 representative, appraisals and other information may be
92	92	25 utilized. If the ratio study is representative, upon
93	93	26 certification by the Department, the assessor shall receive
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104	104	1 additional compensation of $3,000 for that year, to be paid
105	105	2 out of funds appropriated to the Department from the Personal
106	106	3 Property Tax Replacement Fund. For State fiscal years
107	107	4 beginning on or after July 1, 2023, the Department shall remit
108	108	5 those funds to the appropriate townships, and the township
109	109	6 shall pay the additional compensation to the assessor from
110	110	7 those funds. On and after July 1, 2023, with respect to the
111	111	8 additional compensation under this Section, the township shall
112	112	9 be considered the assessor's employer for payroll purposes,
113	113	10 including, but not limited to, State and federal income tax
114	114	11 reporting and withholding and employer contributions under the
115	115	12 Illinois Pension Code.
116	116	13 As used in this Section, "assessor" means any township or
117	117	14 multi-township assessor, or supervisor of assessments.
118	118	15 (Source: P.A. 97-72, eff. 7-1-11.)
119	119	16 Section 99. Effective date. This Act takes effect upon
120	120	17 becoming law.
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