Illinois 2023-2024 Regular Session

Illinois House Bill HB2992 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 HB2992 Introduced , by Rep. Dan Swanson SYNOPSIS AS INTRODUCED: 35 ILCS 200/15-10 Amends the Property Tax Code. Provides that, if a taxing district fails to timely file an affidavit that is required to be filed with respect to exempt property, then, prior to terminating the exemption, the chief county assessment officer shall notify the taxing district by first-class mail that the chief county assessment officer has not received the affidavit. LRB103 05897 HLH 50918 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2992 Introduced , by Rep. Dan Swanson SYNOPSIS AS INTRODUCED: 35 ILCS 200/15-10 35 ILCS 200/15-10 Amends the Property Tax Code. Provides that, if a taxing district fails to timely file an affidavit that is required to be filed with respect to exempt property, then, prior to terminating the exemption, the chief county assessment officer shall notify the taxing district by first-class mail that the chief county assessment officer has not received the affidavit. LRB103 05897 HLH 50918 b LRB103 05897 HLH 50918 b A BILL FOR
2	2	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2992 Introduced , by Rep. Dan Swanson SYNOPSIS AS INTRODUCED:
3	3	35 ILCS 200/15-10 35 ILCS 200/15-10
4	4	35 ILCS 200/15-10
5	5	Amends the Property Tax Code. Provides that, if a taxing district fails to timely file an affidavit that is required to be filed with respect to exempt property, then, prior to terminating the exemption, the chief county assessment officer shall notify the taxing district by first-class mail that the chief county assessment officer has not received the affidavit.
6	6	LRB103 05897 HLH 50918 b LRB103 05897 HLH 50918 b
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8	8	A BILL FOR
9	9	HB2992LRB103 05897 HLH 50918 b HB2992 LRB103 05897 HLH 50918 b
10	10	HB2992 LRB103 05897 HLH 50918 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 15-10 as follows:
16	16	6 (35 ILCS 200/15-10)
17	17	7 Sec. 15-10. Exempt property; procedures for certification.
18	18	8 (a) All property granted an exemption by the Department
19	19	9 pursuant to the requirements of Section 15-5 and described in
20	20	10 the Sections following Section 15-30 and preceding Section
21	21	11 16-5, to the extent therein limited, is exempt from taxation.
22	22	12 In order to maintain that exempt status, the titleholder or
23	23	13 the owner of the beneficial interest of any property that is
24	24	14 exempt must file with the chief county assessment officer, on
25	25	15 or before January 31 of each year (May 31 in the case of
26	26	16 property exempted by Section 15-170), an affidavit stating
27	27	17 whether there has been any change in the ownership or use of
28	28	18 the property, the status of the owner-resident, the
29	29	19 satisfaction by a relevant hospital entity of the condition
30	30	20 for an exemption under Section 15-86, or that a veteran with a
31	31	21 disability who qualifies under Section 15-165 owned and used
32	32	22 the property as of January 1 of that year. The nature of any
33	33	23 change shall be stated in the affidavit. Failure to file an
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37	37	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2992 Introduced , by Rep. Dan Swanson SYNOPSIS AS INTRODUCED:
38	38	35 ILCS 200/15-10 35 ILCS 200/15-10
39	39	35 ILCS 200/15-10
40	40	Amends the Property Tax Code. Provides that, if a taxing district fails to timely file an affidavit that is required to be filed with respect to exempt property, then, prior to terminating the exemption, the chief county assessment officer shall notify the taxing district by first-class mail that the chief county assessment officer has not received the affidavit.
41	41	LRB103 05897 HLH 50918 b LRB103 05897 HLH 50918 b
42	42	LRB103 05897 HLH 50918 b
43	43	A BILL FOR
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49	49	35 ILCS 200/15-10
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68	68	1 affidavit shall, in the discretion of the assessment officer,
69	69	2 constitute cause to terminate the exemption of that property,
70	70	3 notwithstanding any other provision of this Code. Owners of 5
71	71	4 or more such exempt parcels within a county may file a single
72	72	5 annual affidavit in lieu of an affidavit for each parcel. The
73	73	6 assessment officer, upon request, shall furnish an affidavit
74	74	7 form to the owners, in which the owner may state whether there
75	75	8 has been any change in the ownership or use of the property or
76	76	9 status of the owner or resident as of January 1 of that year.
77	77	10 The owner of 5 or more exempt parcels shall list all the
78	78	11 properties giving the same information for each parcel as
79	79	12 required of owners who file individual affidavits. If a taxing
80	80	13 district fails to file an affidavit by the date specified in
81	81	14 this Section, then, prior to terminating the exemption of the
82	82	15 property, the chief county assessment officer shall notify the
83	83	16 taxing district by first-class mail that the chief county
84	84	17 assessment officer has not received the affidavit.
85	85	18 (b) However, titleholders or owners of the beneficial
86	86	19 interest in any property exempted under any of the following
87	87	20 provisions are not required to submit an annual filing under
88	88	21 this Section:
89	89	22 (1) Section 15-45 (burial grounds) in counties of less
90	90	23 than 3,000,000 inhabitants and owned by a not-for-profit
91	91	24 organization.
92	92	25 (2) Section 15-40.
93	93	26 (3) Section 15-50 (United States property).
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104	104	1 (c) If there is a change in use or ownership, however,
105	105	2 notice must be filed pursuant to Section 15-20.
106	106	3 (d) An application for homestead exemptions shall be filed
107	107	4 as provided in Section 15-170 (senior citizens homestead
108	108	5 exemption), Section 15-172 (low-income senior citizens
109	109	6 assessment freeze homestead exemption), and Sections 15-175
110	110	7 (general homestead exemption), 15-176 (general alternative
111	111	8 homestead exemption), and 15-177 (long-time occupant homestead
112	112	9 exemption), respectively.
113	113	10 (e) For purposes of determining satisfaction of the
114	114	11 condition for an exemption under Section 15-86:
115	115	12 (1) The "year for which exemption is sought" is the
116	116	13 year prior to the year in which the affidavit is due.
117	117	14 (2) The "hospital year" is the fiscal year of the
118	118	15 relevant hospital entity, or the fiscal year of one of the
119	119	16 hospitals in the hospital system if the relevant hospital
120	120	17 entity is a hospital system with members with different
121	121	18 fiscal years, that ends in the year prior to the year in
122	122	19 which the affidavit is due. However, if that fiscal year
123	123	20 ends 3 months or less before the date on which the
124	124	21 affidavit is due, the relevant hospital entity shall file
125	125	22 an interim affidavit based on the currently available
126	126	23 information, and shall file a supplemental affidavit
127	127	24 within 90 days of date on which the application was due, if
128	128	25 the information in the relevant hospital entity's audited
129	129	26 financial statements changes the interim affidavit's
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140	140	1 statement concerning the entity's compliance with the
141	141	2 calculation required by Section 15-86.
142	142	3 (3) The affidavit shall be accompanied by an exhibit
143	143	4 prepared by the relevant hospital entity showing (A) the
144	144	5 value of the relevant hospital entity's services and
145	145	6 activities, if any, under items (1) through (7) of
146	146	7 subsection (e) of Section 15-86, stated separately for
147	147	8 each item, and (B) the value relating to the relevant
148	148	9 hospital entity's estimated property tax liability under
149	149	10 paragraphs (A), (B), and (C) of item (1) of subsection (g)
150	150	11 of Section 15-86; under paragraphs (A), (B), and (C) of
151	151	12 item (2) of subsection (g) of Section 15-86; and under
152	152	13 item (3) of subsection (g) of Section 15-86.
153	153	14 (Source: P.A. 102-895, eff. 5-23-22.)
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