Illinois 2025-2026 Regular Session

Illinois House Bill HB1746 Compare Versions

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

Old	New	Differences
1	1	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1746 Introduced , by Rep. Joe C. Sosnowski SYNOPSIS AS INTRODUCED: 35 ILCS 200/15-17235 ILCS 200/15-175 Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the term "maximum income limitation" for the low-income senior citizens assessment freeze homestead exemption means the greater of (i) $80,000 or (ii) $80,000 adjusted by certain increases in the consumer price index-u. Provides that the Department of Revenue shall, not later than January 31 of each calendar year, calculate, publish, and transmit to all county clerks and county treasurers the indexed maximum income limitation number. In provisions concerning the general homestead exemption, provides that, for taxable years 2026 and thereafter, the maximum reduction is $10,000 in all counties. LRB104 03562 HLH 13586 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1746 Introduced , by Rep. Joe C. Sosnowski SYNOPSIS AS INTRODUCED: 35 ILCS 200/15-17235 ILCS 200/15-175 35 ILCS 200/15-172 35 ILCS 200/15-175 Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the term "maximum income limitation" for the low-income senior citizens assessment freeze homestead exemption means the greater of (i) $80,000 or (ii) $80,000 adjusted by certain increases in the consumer price index-u. Provides that the Department of Revenue shall, not later than January 31 of each calendar year, calculate, publish, and transmit to all county clerks and county treasurers the indexed maximum income limitation number. In provisions concerning the general homestead exemption, provides that, for taxable years 2026 and thereafter, the maximum reduction is $10,000 in all counties. LRB104 03562 HLH 13586 b LRB104 03562 HLH 13586 b A BILL FOR
2	2	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1746 Introduced , by Rep. Joe C. Sosnowski SYNOPSIS AS INTRODUCED:
3	3	35 ILCS 200/15-17235 ILCS 200/15-175 35 ILCS 200/15-172 35 ILCS 200/15-175
4	4	35 ILCS 200/15-172
5	5	35 ILCS 200/15-175
6	6	Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the term "maximum income limitation" for the low-income senior citizens assessment freeze homestead exemption means the greater of (i) $80,000 or (ii) $80,000 adjusted by certain increases in the consumer price index-u. Provides that the Department of Revenue shall, not later than January 31 of each calendar year, calculate, publish, and transmit to all county clerks and county treasurers the indexed maximum income limitation number. In provisions concerning the general homestead exemption, provides that, for taxable years 2026 and thereafter, the maximum reduction is $10,000 in all counties.
7	7	LRB104 03562 HLH 13586 b LRB104 03562 HLH 13586 b
8	8	LRB104 03562 HLH 13586 b
9	9	A BILL FOR
10	10	HB1746LRB104 03562 HLH 13586 b HB1746 LRB104 03562 HLH 13586 b
11	11	HB1746 LRB104 03562 HLH 13586 b
12	12	1 AN ACT concerning revenue.
13	13	2 Be it enacted by the People of the State of Illinois,
14	14	3 represented in the General Assembly:
15	15	4 Section 5. The Property Tax Code is amended by changing
16	16	5 Sections 15-172 and 15-175 as follows:
17	17	6 (35 ILCS 200/15-172)
18	18	7 Sec. 15-172. Low-Income Senior Citizens Assessment Freeze
19	19	8 Homestead Exemption.
20	20	9 (a) This Section may be cited as the Low-Income Senior
21	21	10 Citizens Assessment Freeze Homestead Exemption.
22	22	11 (b) As used in this Section:
23	23	12 "Applicant" means an individual who has filed an
24	24	13 application under this Section.
25	25	14 "Base amount" means the base year equalized assessed value
26	26	15 of the residence plus the first year's equalized assessed
27	27	16 value of any added improvements which increased the assessed
28	28	17 value of the residence after the base year.
29	29	18 "Base year" means the taxable year prior to the taxable
30	30	19 year for which the applicant first qualifies and applies for
31	31	20 the exemption provided that in the prior taxable year the
32	32	21 property was improved with a permanent structure that was
33	33	22 occupied as a residence by the applicant who was liable for
34	34	23 paying real property taxes on the property and who was either
35	35
36	36
37	37
38	38	104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1746 Introduced , by Rep. Joe C. Sosnowski SYNOPSIS AS INTRODUCED:
39	39	35 ILCS 200/15-17235 ILCS 200/15-175 35 ILCS 200/15-172 35 ILCS 200/15-175
40	40	35 ILCS 200/15-172
41	41	35 ILCS 200/15-175
42	42	Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the term "maximum income limitation" for the low-income senior citizens assessment freeze homestead exemption means the greater of (i) $80,000 or (ii) $80,000 adjusted by certain increases in the consumer price index-u. Provides that the Department of Revenue shall, not later than January 31 of each calendar year, calculate, publish, and transmit to all county clerks and county treasurers the indexed maximum income limitation number. In provisions concerning the general homestead exemption, provides that, for taxable years 2026 and thereafter, the maximum reduction is $10,000 in all counties.
43	43	LRB104 03562 HLH 13586 b LRB104 03562 HLH 13586 b
44	44	LRB104 03562 HLH 13586 b
45	45	A BILL FOR
46	46
47	47
48	48
49	49
50	50
51	51	35 ILCS 200/15-172
52	52	35 ILCS 200/15-175
53	53
54	54
55	55
56	56	LRB104 03562 HLH 13586 b
57	57
58	58
59	59
60	60
61	61
62	62
63	63
64	64
65	65
66	66	HB1746 LRB104 03562 HLH 13586 b
67	67
68	68
69	69	HB1746- 2 -LRB104 03562 HLH 13586 b HB1746 - 2 - LRB104 03562 HLH 13586 b
70	70	HB1746 - 2 - LRB104 03562 HLH 13586 b
71	71	1 (i) an owner of record of the property or had legal or
72	72	2 equitable interest in the property as evidenced by a written
73	73	3 instrument or (ii) had a legal or equitable interest as a
74	74	4 lessee in the parcel of property that was single family
75	75	5 residence. If in any subsequent taxable year for which the
76	76	6 applicant applies and qualifies for the exemption the
77	77	7 equalized assessed value of the residence is less than the
78	78	8 equalized assessed value in the existing base year (provided
79	79	9 that such equalized assessed value is not based on an assessed
80	80	10 value that results from a temporary irregularity in the
81	81	11 property that reduces the assessed value for one or more
82	82	12 taxable years), then that subsequent taxable year shall become
83	83	13 the base year until a new base year is established under the
84	84	14 terms of this paragraph. For taxable year 1999 only, the Chief
85	85	15 County Assessment Officer shall review (i) all taxable years
86	86	16 for which the applicant applied and qualified for the
87	87	17 exemption and (ii) the existing base year. The assessment
88	88	18 officer shall select as the new base year the year with the
89	89	19 lowest equalized assessed value. An equalized assessed value
90	90	20 that is based on an assessed value that results from a
91	91	21 temporary irregularity in the property that reduces the
92	92	22 assessed value for one or more taxable years shall not be
93	93	23 considered the lowest equalized assessed value. The selected
94	94	24 year shall be the base year for taxable year 1999 and
95	95	25 thereafter until a new base year is established under the
96	96	26 terms of this paragraph.
97	97
98	98
99	99
100	100
101	101
102	102	HB1746 - 2 - LRB104 03562 HLH 13586 b
103	103
104	104
105	105	HB1746- 3 -LRB104 03562 HLH 13586 b HB1746 - 3 - LRB104 03562 HLH 13586 b
106	106	HB1746 - 3 - LRB104 03562 HLH 13586 b
107	107	1 "Chief County Assessment Officer" means the County
108	108	2 Assessor or Supervisor of Assessments of the county in which
109	109	3 the property is located.
110	110	4 "Consumer price index-u" means the index published by the
111	111	5 Bureau of Labor Statistics of the United States Department of
112	112	6 Labor that measures the average change in prices of goods and
113	113	7 services purchased by all urban consumers, United States city
114	114	8 average, all items, 1982-84 = 100.
115	115	9 "Equalized assessed value" means the assessed value as
116	116	10 equalized by the Illinois Department of Revenue.
117	117	11 "Household" means the applicant, the spouse of the
118	118	12 applicant, and all persons using the residence of the
119	119	13 applicant as their principal place of residence.
120	120	14 "Household income" means the combined income of the
121	121	15 members of a household for the calendar year preceding the
122	122	16 taxable year.
123	123	17 "Income" has the same meaning as provided in Section 3.07
124	124	18 of the Senior Citizens and Persons with Disabilities Property
125	125	19 Tax Relief Act, except that, beginning in assessment year
126	126	20 2001, "income" does not include veteran's benefits.
127	127	21 "Internal Revenue Code of 1986" means the United States
128	128	22 Internal Revenue Code of 1986 or any successor law or laws
129	129	23 relating to federal income taxes in effect for the year
130	130	24 preceding the taxable year.
131	131	25 "Life care facility that qualifies as a cooperative" means
132	132	26 a facility as defined in Section 2 of the Life Care Facilities
133	133
134	134
135	135
136	136
137	137
138	138	HB1746 - 3 - LRB104 03562 HLH 13586 b
139	139
140	140
141	141	HB1746- 4 -LRB104 03562 HLH 13586 b HB1746 - 4 - LRB104 03562 HLH 13586 b
142	142	HB1746 - 4 - LRB104 03562 HLH 13586 b
143	143	1 Act.
144	144	2 "Maximum income limitation" means:
145	145	3 (1) $35,000 prior to taxable year 1999;
146	146	4 (2) $40,000 in taxable years 1999 through 2003;
147	147	5 (3) $45,000 in taxable years 2004 through 2005;
148	148	6 (4) $50,000 in taxable years 2006 and 2007;
149	149	7 (5) $55,000 in taxable years 2008 through 2016;
150	150	8 (6) for taxable year 2017, (i) $65,000 for qualified
151	151	9 property located in a county with 3,000,000 or more
152	152	10 inhabitants and (ii) $55,000 for qualified property
153	153	11 located in a county with fewer than 3,000,000 inhabitants;
154	154	12 and
155	155	13 (7) for taxable years 2018 through 2025 and
156	156	14 thereafter, $65,000 for all qualified property; and .
157	157	15 (8) for taxable years 2026 and thereafter, the greater
158	158	16 of either (i) $80,000 or (ii) $80,000 multiplied by the
159	159	17 unadjusted percentage increase (but not less than zero) in
160	160	18 the consumer price index-u for the 12 months ending with
161	161	19 December preceding each January 1, including all previous
162	162	20 adjustments. The Department shall, by January 31, 2026 and
163	163	21 by January 31 of each calendar year thereafter, calculate,
164	164	22 publish, and transmit to all county clerks and county
165	165	23 treasurers the indexed maximum income limitation for the
166	166	24 applicable taxable year, as calculated under this
167	167	25 paragraph (8).
168	168	26 As an alternative income valuation, a homeowner who is
169	169
170	170
171	171
172	172
173	173
174	174	HB1746 - 4 - LRB104 03562 HLH 13586 b
175	175
176	176
177	177	HB1746- 5 -LRB104 03562 HLH 13586 b HB1746 - 5 - LRB104 03562 HLH 13586 b
178	178	HB1746 - 5 - LRB104 03562 HLH 13586 b
179	179	1 enrolled in any of the following programs may be presumed to
180	180	2 have household income that does not exceed the maximum income
181	181	3 limitation for that tax year as required by this Section: Aid
182	182	4 to the Aged, Blind or Disabled (AABD) Program or the
183	183	5 Supplemental Nutrition Assistance Program (SNAP), both of
184	184	6 which are administered by the Department of Human Services;
185	185	7 the Low Income Home Energy Assistance Program (LIHEAP), which
186	186	8 is administered by the Department of Commerce and Economic
187	187	9 Opportunity; The Benefit Access program, which is administered
188	188	10 by the Department on Aging; and the Senior Citizens Real
189	189	11 Estate Tax Deferral Program.
190	190	12 A chief county assessment officer may indicate that he or
191	191	13 she has verified an applicant's income eligibility for this
192	192	14 exemption but may not report which program or programs, if
193	193	15 any, enroll the applicant. Release of personal information
194	194	16 submitted pursuant to this Section shall be deemed an
195	195	17 unwarranted invasion of personal privacy under the Freedom of
196	196	18 Information Act.
197	197	19 "Residence" means the principal dwelling place and
198	198	20 appurtenant structures used for residential purposes in this
199	199	21 State occupied on January 1 of the taxable year by a household
200	200	22 and so much of the surrounding land, constituting the parcel
201	201	23 upon which the dwelling place is situated, as is used for
202	202	24 residential purposes. If the Chief County Assessment Officer
203	203	25 has established a specific legal description for a portion of
204	204	26 property constituting the residence, then that portion of
205	205
206	206
207	207
208	208
209	209
210	210	HB1746 - 5 - LRB104 03562 HLH 13586 b
211	211
212	212
213	213	HB1746- 6 -LRB104 03562 HLH 13586 b HB1746 - 6 - LRB104 03562 HLH 13586 b
214	214	HB1746 - 6 - LRB104 03562 HLH 13586 b
215	215	1 property shall be deemed the residence for the purposes of
216	216	2 this Section.
217	217	3 "Taxable year" means the calendar year during which ad
218	218	4 valorem property taxes payable in the next succeeding year are
219	219	5 levied.
220	220	6 (c) Beginning in taxable year 1994, a low-income senior
221	221	7 citizens assessment freeze homestead exemption is granted for
222	222	8 real property that is improved with a permanent structure that
223	223	9 is occupied as a residence by an applicant who (i) is 65 years
224	224	10 of age or older during the taxable year, (ii) has a household
225	225	11 income that does not exceed the maximum income limitation,
226	226	12 (iii) is liable for paying real property taxes on the
227	227	13 property, and (iv) is an owner of record of the property or has
228	228	14 a legal or equitable interest in the property as evidenced by a
229	229	15 written instrument. This homestead exemption shall also apply
230	230	16 to a leasehold interest in a parcel of property improved with a
231	231	17 permanent structure that is a single family residence that is
232	232	18 occupied as a residence by a person who (i) is 65 years of age
233	233	19 or older during the taxable year, (ii) has a household income
234	234	20 that does not exceed the maximum income limitation, (iii) has
235	235	21 a legal or equitable ownership interest in the property as
236	236	22 lessee, and (iv) is liable for the payment of real property
237	237	23 taxes on that property.
238	238	24 In counties of 3,000,000 or more inhabitants, the amount
239	239	25 of the exemption for all taxable years is the equalized
240	240	26 assessed value of the residence in the taxable year for which
241	241
242	242
243	243
244	244
245	245
246	246	HB1746 - 6 - LRB104 03562 HLH 13586 b
247	247
248	248
249	249	HB1746- 7 -LRB104 03562 HLH 13586 b HB1746 - 7 - LRB104 03562 HLH 13586 b
250	250	HB1746 - 7 - LRB104 03562 HLH 13586 b
251	251	1 application is made minus the base amount. In all other
252	252	2 counties, the amount of the exemption is as follows: (i)
253	253	3 through taxable year 2005 and for taxable year 2007 and
254	254	4 thereafter, the amount of this exemption shall be the
255	255	5 equalized assessed value of the residence in the taxable year
256	256	6 for which application is made minus the base amount; and (ii)
257	257	7 for taxable year 2006, the amount of the exemption is as
258	258	8 follows:
259	259	9 (1) For an applicant who has a household income of
260	260	10 $45,000 or less, the amount of the exemption is the
261	261	11 equalized assessed value of the residence in the taxable
262	262	12 year for which application is made minus the base amount.
263	263	13 (2) For an applicant who has a household income
264	264	14 exceeding $45,000 but not exceeding $46,250, the amount of
265	265	15 the exemption is (i) the equalized assessed value of the
266	266	16 residence in the taxable year for which application is
267	267	17 made minus the base amount (ii) multiplied by 0.8.
268	268	18 (3) For an applicant who has a household income
269	269	19 exceeding $46,250 but not exceeding $47,500, the amount of
270	270	20 the exemption is (i) the equalized assessed value of the
271	271	21 residence in the taxable year for which application is
272	272	22 made minus the base amount (ii) multiplied by 0.6.
273	273	23 (4) For an applicant who has a household income
274	274	24 exceeding $47,500 but not exceeding $48,750, the amount of
275	275	25 the exemption is (i) the equalized assessed value of the
276	276	26 residence in the taxable year for which application is
277	277
278	278
279	279
280	280
281	281
282	282	HB1746 - 7 - LRB104 03562 HLH 13586 b
283	283
284	284
285	285	HB1746- 8 -LRB104 03562 HLH 13586 b HB1746 - 8 - LRB104 03562 HLH 13586 b
286	286	HB1746 - 8 - LRB104 03562 HLH 13586 b
287	287	1 made minus the base amount (ii) multiplied by 0.4.
288	288	2 (5) For an applicant who has a household income
289	289	3 exceeding $48,750 but not exceeding $50,000, the amount of
290	290	4 the exemption is (i) the equalized assessed value of the
291	291	5 residence in the taxable year for which application is
292	292	6 made minus the base amount (ii) multiplied by 0.2.
293	293	7 When the applicant is a surviving spouse of an applicant
294	294	8 for a prior year for the same residence for which an exemption
295	295	9 under this Section has been granted, the base year and base
296	296	10 amount for that residence are the same as for the applicant for
297	297	11 the prior year.
298	298	12 Each year at the time the assessment books are certified
299	299	13 to the County Clerk, the Board of Review or Board of Appeals
300	300	14 shall give to the County Clerk a list of the assessed values of
301	301	15 improvements on each parcel qualifying for this exemption that
302	302	16 were added after the base year for this parcel and that
303	303	17 increased the assessed value of the property.
304	304	18 In the case of land improved with an apartment building
305	305	19 owned and operated as a cooperative or a building that is a
306	306	20 life care facility that qualifies as a cooperative, the
307	307	21 maximum reduction from the equalized assessed value of the
308	308	22 property is limited to the sum of the reductions calculated
309	309	23 for each unit occupied as a residence by a person or persons
310	310	24 (i) 65 years of age or older, (ii) with a household income that
311	311	25 does not exceed the maximum income limitation, (iii) who is
312	312	26 liable, by contract with the owner or owners of record, for
313	313
314	314
315	315
316	316
317	317
318	318	HB1746 - 8 - LRB104 03562 HLH 13586 b
319	319
320	320
321	321	HB1746- 9 -LRB104 03562 HLH 13586 b HB1746 - 9 - LRB104 03562 HLH 13586 b
322	322	HB1746 - 9 - LRB104 03562 HLH 13586 b
323	323	1 paying real property taxes on the property, and (iv) who is an
324	324	2 owner of record of a legal or equitable interest in the
325	325	3 cooperative apartment building, other than a leasehold
326	326	4 interest. In the instance of a cooperative where a homestead
327	327	5 exemption has been granted under this Section, the cooperative
328	328	6 association or its management firm shall credit the savings
329	329	7 resulting from that exemption only to the apportioned tax
330	330	8 liability of the owner who qualified for the exemption. Any
331	331	9 person who willfully refuses to credit that savings to an
332	332	10 owner who qualifies for the exemption is guilty of a Class B
333	333	11 misdemeanor.
334	334	12 When a homestead exemption has been granted under this
335	335	13 Section and an applicant then becomes a resident of a facility
336	336	14 licensed under the Assisted Living and Shared Housing Act, the
337	337	15 Nursing Home Care Act, the Specialized Mental Health
338	338	16 Rehabilitation Act of 2013, the ID/DD Community Care Act, or
339	339	17 the MC/DD Act, the exemption shall be granted in subsequent
340	340	18 years so long as the residence (i) continues to be occupied by
341	341	19 the qualified applicant's spouse or (ii) if remaining
342	342	20 unoccupied, is still owned by the qualified applicant for the
343	343	21 homestead exemption.
344	344	22 Beginning January 1, 1997, when an individual dies who
345	345	23 would have qualified for an exemption under this Section, and
346	346	24 the surviving spouse does not independently qualify for this
347	347	25 exemption because of age, the exemption under this Section
348	348	26 shall be granted to the surviving spouse for the taxable year
349	349
350	350
351	351
352	352
353	353
354	354	HB1746 - 9 - LRB104 03562 HLH 13586 b
355	355
356	356
357	357	HB1746- 10 -LRB104 03562 HLH 13586 b HB1746 - 10 - LRB104 03562 HLH 13586 b
358	358	HB1746 - 10 - LRB104 03562 HLH 13586 b
359	359	1 preceding and the taxable year of the death, provided that,
360	360	2 except for age, the surviving spouse meets all other
361	361	3 qualifications for the granting of this exemption for those
362	362	4 years.
363	363	5 When married persons maintain separate residences, the
364	364	6 exemption provided for in this Section may be claimed by only
365	365	7 one of such persons and for only one residence.
366	366	8 For taxable year 1994 only, in counties having less than
367	367	9 3,000,000 inhabitants, to receive the exemption, a person
368	368	10 shall submit an application by February 15, 1995 to the Chief
369	369	11 County Assessment Officer of the county in which the property
370	370	12 is located. In counties having 3,000,000 or more inhabitants,
371	371	13 for taxable year 1994 and all subsequent taxable years, to
372	372	14 receive the exemption, a person may submit an application to
373	373	15 the Chief County Assessment Officer of the county in which the
374	374	16 property is located during such period as may be specified by
375	375	17 the Chief County Assessment Officer. The Chief County
376	376	18 Assessment Officer in counties of 3,000,000 or more
377	377	19 inhabitants shall annually give notice of the application
378	378	20 period by mail or by publication. In counties having less than
379	379	21 3,000,000 inhabitants, beginning with taxable year 1995 and
380	380	22 thereafter, to receive the exemption, a person shall submit an
381	381	23 application by July 1 of each taxable year to the Chief County
382	382	24 Assessment Officer of the county in which the property is
383	383	25 located. A county may, by ordinance, establish a date for
384	384	26 submission of applications that is different than July 1. The
385	385
386	386
387	387
388	388
389	389
390	390	HB1746 - 10 - LRB104 03562 HLH 13586 b
391	391
392	392
393	393	HB1746- 11 -LRB104 03562 HLH 13586 b HB1746 - 11 - LRB104 03562 HLH 13586 b
394	394	HB1746 - 11 - LRB104 03562 HLH 13586 b
395	395	1 applicant shall submit with the application an affidavit of
396	396	2 the applicant's total household income, age, marital status
397	397	3 (and if married the name and address of the applicant's
398	398	4 spouse, if known), and principal dwelling place of members of
399	399	5 the household on January 1 of the taxable year. The Department
400	400	6 shall establish, by rule, a method for verifying the accuracy
401	401	7 of affidavits filed by applicants under this Section, and the
402	402	8 Chief County Assessment Officer may conduct audits of any
403	403	9 taxpayer claiming an exemption under this Section to verify
404	404	10 that the taxpayer is eligible to receive the exemption. Each
405	405	11 application shall contain or be verified by a written
406	406	12 declaration that it is made under the penalties of perjury. A
407	407	13 taxpayer's signing a fraudulent application under this Act is
408	408	14 perjury, as defined in Section 32-2 of the Criminal Code of
409	409	15 2012. The applications shall be clearly marked as applications
410	410	16 for the Low-Income Senior Citizens Assessment Freeze Homestead
411	411	17 Exemption and must contain a notice that any taxpayer who
412	412	18 receives the exemption is subject to an audit by the Chief
413	413	19 County Assessment Officer.
414	414	20 Notwithstanding any other provision to the contrary, in
415	415	21 counties having fewer than 3,000,000 inhabitants, if an
416	416	22 applicant fails to file the application required by this
417	417	23 Section in a timely manner and this failure to file is due to a
418	418	24 mental or physical condition sufficiently severe so as to
419	419	25 render the applicant incapable of filing the application in a
420	420	26 timely manner, the Chief County Assessment Officer may extend
421	421
422	422
423	423
424	424
425	425
426	426	HB1746 - 11 - LRB104 03562 HLH 13586 b
427	427
428	428
429	429	HB1746- 12 -LRB104 03562 HLH 13586 b HB1746 - 12 - LRB104 03562 HLH 13586 b
430	430	HB1746 - 12 - LRB104 03562 HLH 13586 b
431	431	1 the filing deadline for a period of 30 days after the applicant
432	432	2 regains the capability to file the application, but in no case
433	433	3 may the filing deadline be extended beyond 3 months of the
434	434	4 original filing deadline. In order to receive the extension
435	435	5 provided in this paragraph, the applicant shall provide the
436	436	6 Chief County Assessment Officer with a signed statement from
437	437	7 the applicant's physician, advanced practice registered nurse,
438	438	8 or physician assistant stating the nature and extent of the
439	439	9 condition, that, in the physician's, advanced practice
440	440	10 registered nurse's, or physician assistant's opinion, the
441	441	11 condition was so severe that it rendered the applicant
442	442	12 incapable of filing the application in a timely manner, and
443	443	13 the date on which the applicant regained the capability to
444	444	14 file the application.
445	445	15 Beginning January 1, 1998, notwithstanding any other
446	446	16 provision to the contrary, in counties having fewer than
447	447	17 3,000,000 inhabitants, if an applicant fails to file the
448	448	18 application required by this Section in a timely manner and
449	449	19 this failure to file is due to a mental or physical condition
450	450	20 sufficiently severe so as to render the applicant incapable of
451	451	21 filing the application in a timely manner, the Chief County
452	452	22 Assessment Officer may extend the filing deadline for a period
453	453	23 of 3 months. In order to receive the extension provided in this
454	454	24 paragraph, the applicant shall provide the Chief County
455	455	25 Assessment Officer with a signed statement from the
456	456	26 applicant's physician, advanced practice registered nurse, or
457	457
458	458
459	459
460	460
461	461
462	462	HB1746 - 12 - LRB104 03562 HLH 13586 b
463	463
464	464
465	465	HB1746- 13 -LRB104 03562 HLH 13586 b HB1746 - 13 - LRB104 03562 HLH 13586 b
466	466	HB1746 - 13 - LRB104 03562 HLH 13586 b
467	467	1 physician assistant stating the nature and extent of the
468	468	2 condition, and that, in the physician's, advanced practice
469	469	3 registered nurse's, or physician assistant's opinion, the
470	470	4 condition was so severe that it rendered the applicant
471	471	5 incapable of filing the application in a timely manner.
472	472	6 In counties having less than 3,000,000 inhabitants, if an
473	473	7 applicant was denied an exemption in taxable year 1994 and the
474	474	8 denial occurred due to an error on the part of an assessment
475	475	9 official, or his or her agent or employee, then beginning in
476	476	10 taxable year 1997 the applicant's base year, for purposes of
477	477	11 determining the amount of the exemption, shall be 1993 rather
478	478	12 than 1994. In addition, in taxable year 1997, the applicant's
479	479	13 exemption shall also include an amount equal to (i) the amount
480	480	14 of any exemption denied to the applicant in taxable year 1995
481	481	15 as a result of using 1994, rather than 1993, as the base year,
482	482	16 (ii) the amount of any exemption denied to the applicant in
483	483	17 taxable year 1996 as a result of using 1994, rather than 1993,
484	484	18 as the base year, and (iii) the amount of the exemption
485	485	19 erroneously denied for taxable year 1994.
486	486	20 For purposes of this Section, a person who will be 65 years
487	487	21 of age during the current taxable year shall be eligible to
488	488	22 apply for the homestead exemption during that taxable year.
489	489	23 Application shall be made during the application period in
490	490	24 effect for the county of his or her residence.
491	491	25 The Chief County Assessment Officer may determine the
492	492	26 eligibility of a life care facility that qualifies as a
493	493
494	494
495	495
496	496
497	497
498	498	HB1746 - 13 - LRB104 03562 HLH 13586 b
499	499
500	500
501	501	HB1746- 14 -LRB104 03562 HLH 13586 b HB1746 - 14 - LRB104 03562 HLH 13586 b
502	502	HB1746 - 14 - LRB104 03562 HLH 13586 b
503	503	1 cooperative to receive the benefits provided by this Section
504	504	2 by use of an affidavit, application, visual inspection,
505	505	3 questionnaire, or other reasonable method in order to insure
506	506	4 that the tax savings resulting from the exemption are credited
507	507	5 by the management firm to the apportioned tax liability of
508	508	6 each qualifying resident. The Chief County Assessment Officer
509	509	7 may request reasonable proof that the management firm has so
510	510	8 credited that exemption.
511	511	9 Except as provided in this Section, all information
512	512	10 received by the chief county assessment officer or the
513	513	11 Department from applications filed under this Section, or from
514	514	12 any investigation conducted under the provisions of this
515	515	13 Section, shall be confidential, except for official purposes
516	516	14 or pursuant to official procedures for collection of any State
517	517	15 or local tax or enforcement of any civil or criminal penalty or
518	518	16 sanction imposed by this Act or by any statute or ordinance
519	519	17 imposing a State or local tax. Any person who divulges any such
520	520	18 information in any manner, except in accordance with a proper
521	521	19 judicial order, is guilty of a Class A misdemeanor.
522	522	20 Nothing contained in this Section shall prevent the
523	523	21 Director or chief county assessment officer from publishing or
524	524	22 making available reasonable statistics concerning the
525	525	23 operation of the exemption contained in this Section in which
526	526	24 the contents of claims are grouped into aggregates in such a
527	527	25 way that information contained in any individual claim shall
528	528	26 not be disclosed.
529	529
530	530
531	531
532	532
533	533
534	534	HB1746 - 14 - LRB104 03562 HLH 13586 b
535	535
536	536
537	537	HB1746- 15 -LRB104 03562 HLH 13586 b HB1746 - 15 - LRB104 03562 HLH 13586 b
538	538	HB1746 - 15 - LRB104 03562 HLH 13586 b
539	539	1 Notwithstanding any other provision of law, for taxable
540	540	2 year 2017 and thereafter, in counties of 3,000,000 or more
541	541	3 inhabitants, the amount of the exemption shall be the greater
542	542	4 of (i) the amount of the exemption otherwise calculated under
543	543	5 this Section or (ii) $2,000.
544	544	6 (c-5) Notwithstanding any other provision of law, each
545	545	7 chief county assessment officer may approve this exemption for
546	546	8 the 2020 taxable year, without application, for any property
547	547	9 that was approved for this exemption for the 2019 taxable
548	548	10 year, provided that:
549	549	11 (1) the county board has declared a local disaster as
550	550	12 provided in the Illinois Emergency Management Agency Act
551	551	13 related to the COVID-19 public health emergency;
552	552	14 (2) the owner of record of the property as of January
553	553	15 1, 2020 is the same as the owner of record of the property
554	554	16 as of January 1, 2019;
555	555	17 (3) the exemption for the 2019 taxable year has not
556	556	18 been determined to be an erroneous exemption as defined by
557	557	19 this Code; and
558	558	20 (4) the applicant for the 2019 taxable year has not
559	559	21 asked for the exemption to be removed for the 2019 or 2020
560	560	22 taxable years.
561	561	23 Nothing in this subsection shall preclude or impair the
562	562	24 authority of a chief county assessment officer to conduct
563	563	25 audits of any taxpayer claiming an exemption under this
564	564	26 Section to verify that the taxpayer is eligible to receive the
565	565
566	566
567	567
568	568
569	569
570	570	HB1746 - 15 - LRB104 03562 HLH 13586 b
571	571
572	572
573	573	HB1746- 16 -LRB104 03562 HLH 13586 b HB1746 - 16 - LRB104 03562 HLH 13586 b
574	574	HB1746 - 16 - LRB104 03562 HLH 13586 b
575	575	1 exemption as provided elsewhere in this Section.
576	576	2 (c-10) Notwithstanding any other provision of law, each
577	577	3 chief county assessment officer may approve this exemption for
578	578	4 the 2021 taxable year, without application, for any property
579	579	5 that was approved for this exemption for the 2020 taxable
580	580	6 year, if:
581	581	7 (1) the county board has declared a local disaster as
582	582	8 provided in the Illinois Emergency Management Agency Act
583	583	9 related to the COVID-19 public health emergency;
584	584	10 (2) the owner of record of the property as of January
585	585	11 1, 2021 is the same as the owner of record of the property
586	586	12 as of January 1, 2020;
587	587	13 (3) the exemption for the 2020 taxable year has not
588	588	14 been determined to be an erroneous exemption as defined by
589	589	15 this Code; and
590	590	16 (4) the taxpayer for the 2020 taxable year has not
591	591	17 asked for the exemption to be removed for the 2020 or 2021
592	592	18 taxable years.
593	593	19 Nothing in this subsection shall preclude or impair the
594	594	20 authority of a chief county assessment officer to conduct
595	595	21 audits of any taxpayer claiming an exemption under this
596	596	22 Section to verify that the taxpayer is eligible to receive the
597	597	23 exemption as provided elsewhere in this Section.
598	598	24 (d) Each Chief County Assessment Officer shall annually
599	599	25 publish a notice of availability of the exemption provided
600	600	26 under this Section. The notice shall be published at least 60
601	601
602	602
603	603
604	604
605	605
606	606	HB1746 - 16 - LRB104 03562 HLH 13586 b
607	607
608	608
609	609	HB1746- 17 -LRB104 03562 HLH 13586 b HB1746 - 17 - LRB104 03562 HLH 13586 b
610	610	HB1746 - 17 - LRB104 03562 HLH 13586 b
611	611	1 days but no more than 75 days prior to the date on which the
612	612	2 application must be submitted to the Chief County Assessment
613	613	3 Officer of the county in which the property is located. The
614	614	4 notice shall appear in a newspaper of general circulation in
615	615	5 the county.
616	616	6 Notwithstanding Sections 6 and 8 of the State Mandates
617	617	7 Act, no reimbursement by the State is required for the
618	618	8 implementation of any mandate created by this Section.
619	619	9 (Source: P.A. 101-635, eff. 6-5-20; 102-136, eff. 7-23-21;
620	620	10 102-895, eff. 5-23-22.)
621	621	11 (35 ILCS 200/15-175)
622	622	12 Sec. 15-175. General homestead exemption.
623	623	13 (a) Except as provided in Sections 15-176 and 15-177,
624	624	14 homestead property is entitled to an annual homestead
625	625	15 exemption limited, except as described here with relation to
626	626	16 cooperatives or life care facilities, to a reduction in the
627	627	17 equalized assessed value of homestead property equal to the
628	628	18 increase in equalized assessed value for the current
629	629	19 assessment year above the equalized assessed value of the
630	630	20 property for 1977, up to the maximum reduction set forth
631	631	21 below. If however, the 1977 equalized assessed value upon
632	632	22 which taxes were paid is subsequently determined by local
633	633	23 assessing officials, the Property Tax Appeal Board, or a court
634	634	24 to have been excessive, the equalized assessed value which
635	635	25 should have been placed on the property for 1977 shall be used
636	636
637	637
638	638
639	639
640	640
641	641	HB1746 - 17 - LRB104 03562 HLH 13586 b
642	642
643	643
644	644	HB1746- 18 -LRB104 03562 HLH 13586 b HB1746 - 18 - LRB104 03562 HLH 13586 b
645	645	HB1746 - 18 - LRB104 03562 HLH 13586 b
646	646	1 to determine the amount of the exemption.
647	647	2 (b) Except as provided in Section 15-176, the maximum
648	648	3 reduction before taxable year 2004 shall be $4,500 in counties
649	649	4 with 3,000,000 or more inhabitants and $3,500 in all other
650	650	5 counties. Except as provided in Sections 15-176 and 15-177,
651	651	6 for taxable years 2004 through 2007, the maximum reduction
652	652	7 shall be $5,000, for taxable year 2008, the maximum reduction
653	653	8 is $5,500, and, for taxable years 2009 through 2011, the
654	654	9 maximum reduction is $6,000 in all counties. For taxable years
655	655	10 2012 through 2016, the maximum reduction is $7,000 in counties
656	656	11 with 3,000,000 or more inhabitants and $6,000 in all other
657	657	12 counties. For taxable years 2017 through 2022, the maximum
658	658	13 reduction is $10,000 in counties with 3,000,000 or more
659	659	14 inhabitants and $6,000 in all other counties. For taxable year
660	660	15 years 2023 and thereafter, the maximum reduction is $10,000 in
661	661	16 counties with 3,000,000 or more inhabitants, $8,000 in
662	662	17 counties that are contiguous to a county of 3,000,000 or more
663	663	18 inhabitants, and $6,000 in all other counties. For taxable
664	664	19 years 2026 and thereafter, the maximum reduction is $10,000 in
665	665	20 all counties. If a county has elected to subject itself to the
666	666	21 provisions of Section 15-176 as provided in subsection (k) of
667	667	22 that Section, then, for the first taxable year only after the
668	668	23 provisions of Section 15-176 no longer apply, for owners who,
669	669	24 for the taxable year, have not been granted a senior citizens
670	670	25 assessment freeze homestead exemption under Section 15-172 or
671	671	26 a long-time occupant homestead exemption under Section 15-177,
672	672
673	673
674	674
675	675
676	676
677	677	HB1746 - 18 - LRB104 03562 HLH 13586 b
678	678
679	679
680	680	HB1746- 19 -LRB104 03562 HLH 13586 b HB1746 - 19 - LRB104 03562 HLH 13586 b
681	681	HB1746 - 19 - LRB104 03562 HLH 13586 b
682	682	1 there shall be an additional exemption of $5,000 for owners
683	683	2 with a household income of $30,000 or less.
684	684	3 (c) In counties with fewer than 3,000,000 inhabitants, if,
685	685	4 based on the most recent assessment, the equalized assessed
686	686	5 value of the homestead property for the current assessment
687	687	6 year is greater than the equalized assessed value of the
688	688	7 property for 1977, the owner of the property shall
689	689	8 automatically receive the exemption granted under this Section
690	690	9 in an amount equal to the increase over the 1977 assessment up
691	691	10 to the maximum reduction set forth in this Section.
692	692	11 (d) If in any assessment year beginning with the 2000
693	693	12 assessment year, homestead property has a pro-rata valuation
694	694	13 under Section 9-180 resulting in an increase in the assessed
695	695	14 valuation, a reduction in equalized assessed valuation equal
696	696	15 to the increase in equalized assessed value of the property
697	697	16 for the year of the pro-rata valuation above the equalized
698	698	17 assessed value of the property for 1977 shall be applied to the
699	699	18 property on a proportionate basis for the period the property
700	700	19 qualified as homestead property during the assessment year.
701	701	20 The maximum proportionate homestead exemption shall not exceed
702	702	21 the maximum homestead exemption allowed in the county under
703	703	22 this Section divided by 365 and multiplied by the number of
704	704	23 days the property qualified as homestead property.
705	705	24 (d-1) In counties with 3,000,000 or more inhabitants,
706	706	25 where the chief county assessment officer provides a notice of
707	707	26 discovery, if a property is not occupied by its owner as a
708	708
709	709
710	710
711	711
712	712
713	713	HB1746 - 19 - LRB104 03562 HLH 13586 b
714	714
715	715
716	716	HB1746- 20 -LRB104 03562 HLH 13586 b HB1746 - 20 - LRB104 03562 HLH 13586 b
717	717	HB1746 - 20 - LRB104 03562 HLH 13586 b
718	718	1 principal residence as of January 1 of the current tax year,
719	719	2 then the property owner shall notify the chief county
720	720	3 assessment officer of that fact on a form prescribed by the
721	721	4 chief county assessment officer. That notice must be received
722	722	5 by the chief county assessment officer on or before March 1 of
723	723	6 the collection year. If mailed, the form shall be sent by
724	724	7 certified mail, return receipt requested. If the form is
725	725	8 provided in person, the chief county assessment officer shall
726	726	9 provide a date stamped copy of the notice. Failure to provide
727	727	10 timely notice pursuant to this subsection (d-1) shall result
728	728	11 in the exemption being treated as an erroneous exemption. Upon
729	729	12 timely receipt of the notice for the current tax year, no
730	730	13 exemption shall be applied to the property for the current tax
731	731	14 year. If the exemption is not removed upon timely receipt of
732	732	15 the notice by the chief assessment officer, then the error is
733	733	16 considered granted as a result of a clerical error or omission
734	734	17 on the part of the chief county assessment officer as
735	735	18 described in subsection (h) of Section 9-275, and the property
736	736	19 owner shall not be liable for the payment of interest and
737	737	20 penalties due to the erroneous exemption for the current tax
738	738	21 year for which the notice was filed after the date that notice
739	739	22 was timely received pursuant to this subsection. Notice
740	740	23 provided under this subsection shall not constitute a defense
741	741	24 or amnesty for prior year erroneous exemptions.
742	742	25 For the purposes of this subsection (d-1):
743	743	26 "Collection year" means the year in which the first and
744	744
745	745
746	746
747	747
748	748
749	749	HB1746 - 20 - LRB104 03562 HLH 13586 b
750	750
751	751
752	752	HB1746- 21 -LRB104 03562 HLH 13586 b HB1746 - 21 - LRB104 03562 HLH 13586 b
753	753	HB1746 - 21 - LRB104 03562 HLH 13586 b
754	754	1 second installment of the current tax year is billed.
755	755	2 "Current tax year" means the year prior to the collection
756	756	3 year.
757	757	4 (e) The chief county assessment officer may, when
758	758	5 considering whether to grant a leasehold exemption under this
759	759	6 Section, require the following conditions to be met:
760	760	7 (1) that a notarized application for the exemption,
761	761	8 signed by both the owner and the lessee of the property,
762	762	9 must be submitted each year during the application period
763	763	10 in effect for the county in which the property is located;
764	764	11 (2) that a copy of the lease must be filed with the
765	765	12 chief county assessment officer by the owner of the
766	766	13 property at the time the notarized application is
767	767	14 submitted;
768	768	15 (3) that the lease must expressly state that the
769	769	16 lessee is liable for the payment of property taxes; and
770	770	17 (4) that the lease must include the following language
771	771	18 in substantially the following form:
772	772	19 "Lessee shall be liable for the payment of real
773	773	20 estate taxes with respect to the residence in
774	774	21 accordance with the terms and conditions of Section
775	775	22 15-175 of the Property Tax Code (35 ILCS 200/15-175).
776	776	23 The permanent real estate index number for the
777	777	24 premises is (insert number), and, according to the
778	778	25 most recent property tax bill, the current amount of
779	779	26 real estate taxes associated with the premises is
780	780
781	781
782	782
783	783
784	784
785	785	HB1746 - 21 - LRB104 03562 HLH 13586 b
786	786
787	787
788	788	HB1746- 22 -LRB104 03562 HLH 13586 b HB1746 - 22 - LRB104 03562 HLH 13586 b
789	789	HB1746 - 22 - LRB104 03562 HLH 13586 b
790	790	1 (insert amount) per year. The parties agree that the
791	791	2 monthly rent set forth above shall be increased or
792	792	3 decreased pro rata (effective January 1 of each
793	793	4 calendar year) to reflect any increase or decrease in
794	794	5 real estate taxes. Lessee shall be deemed to be
795	795	6 satisfying Lessee's liability for the above mentioned
796	796	7 real estate taxes with the monthly rent payments as
797	797	8 set forth above (or increased or decreased as set
798	798	9 forth herein).".
799	799	10 In addition, if there is a change in lessee, or if the
800	800	11 lessee vacates the property, then the chief county assessment
801	801	12 officer may require the owner of the property to notify the
802	802	13 chief county assessment officer of that change.
803	803	14 This subsection (e) does not apply to leasehold interests
804	804	15 in property owned by a municipality.
805	805	16 (f) "Homestead property" under this Section includes
806	806	17 residential property that is occupied by its owner or owners
807	807	18 as his or their principal dwelling place, or that is a
808	808	19 leasehold interest on which a single family residence is
809	809	20 situated, which is occupied as a residence by a person who has
810	810	21 an ownership interest therein, legal or equitable or as a
811	811	22 lessee, and on which the person is liable for the payment of
812	812	23 property taxes. For land improved with an apartment building
813	813	24 owned and operated as a cooperative, the maximum reduction
814	814	25 from the equalized assessed value shall be limited to the
815	815	26 increase in the value above the equalized assessed value of
816	816
817	817
818	818
819	819
820	820
821	821	HB1746 - 22 - LRB104 03562 HLH 13586 b
822	822
823	823
824	824	HB1746- 23 -LRB104 03562 HLH 13586 b HB1746 - 23 - LRB104 03562 HLH 13586 b
825	825	HB1746 - 23 - LRB104 03562 HLH 13586 b
826	826	1 the property for 1977, up to the maximum reduction set forth
827	827	2 above, multiplied by the number of apartments or units
828	828	3 occupied by a person or persons who is liable, by contract with
829	829	4 the owner or owners of record, for paying property taxes on the
830	830	5 property and is an owner of record of a legal or equitable
831	831	6 interest in the cooperative apartment building, other than a
832	832	7 leasehold interest. For land improved with a life care
833	833	8 facility, the maximum reduction from the value of the
834	834	9 property, as equalized by the Department, shall be multiplied
835	835	10 by the number of apartments or units occupied by a person or
836	836	11 persons, irrespective of any legal, equitable, or leasehold
837	837	12 interest in the facility, who are liable, under a life care
838	838	13 contract with the owner or owners of record of the facility,
839	839	14 for paying property taxes on the property. For purposes of
840	840	15 this Section, the term "life care facility" has the meaning
841	841	16 stated in Section 15-170.
842	842	17 "Household", as used in this Section, means the owner, the
843	843	18 spouse of the owner, and all persons using the residence of the
844	844	19 owner as their principal place of residence.
845	845	20 "Household income", as used in this Section, means the
846	846	21 combined income of the members of a household for the calendar
847	847	22 year preceding the taxable year.
848	848	23 "Income", as used in this Section, has the same meaning as
849	849	24 provided in Section 3.07 of the Senior Citizens and Persons
850	850	25 with Disabilities Property Tax Relief Act, except that
851	851	26 "income" does not include veteran's benefits.
852	852
853	853
854	854
855	855
856	856
857	857	HB1746 - 23 - LRB104 03562 HLH 13586 b
858	858
859	859
860	860	HB1746- 24 -LRB104 03562 HLH 13586 b HB1746 - 24 - LRB104 03562 HLH 13586 b
861	861	HB1746 - 24 - LRB104 03562 HLH 13586 b
862	862	1 (g) In a cooperative or life care facility where a
863	863	2 homestead exemption has been granted, the cooperative
864	864	3 association or the management of the cooperative or life care
865	865	4 facility shall credit the savings resulting from that
866	866	5 exemption only to the apportioned tax liability of the owner
867	867	6 or resident who qualified for the exemption. Any person who
868	868	7 willfully refuses to so credit the savings shall be guilty of a
869	869	8 Class B misdemeanor.
870	870	9 (h) Where married persons maintain and reside in separate
871	871	10 residences qualifying as homestead property, each residence
872	872	11 shall receive 50% of the total reduction in equalized assessed
873	873	12 valuation provided by this Section.
874	874	13 (i) In all counties, the assessor or chief county
875	875	14 assessment officer may determine the eligibility of
876	876	15 residential property to receive the homestead exemption and
877	877	16 the amount of the exemption by application, visual inspection,
878	878	17 questionnaire or other reasonable methods. The determination
879	879	18 shall be made in accordance with guidelines established by the
880	880	19 Department, provided that the taxpayer applying for an
881	881	20 additional general exemption under this Section shall submit
882	882	21 to the chief county assessment officer an application with an
883	883	22 affidavit of the applicant's total household income, age,
884	884	23 marital status (and, if married, the name and address of the
885	885	24 applicant's spouse, if known), and principal dwelling place of
886	886	25 members of the household on January 1 of the taxable year. The
887	887	26 Department shall issue guidelines establishing a method for
888	888
889	889
890	890
891	891
892	892
893	893	HB1746 - 24 - LRB104 03562 HLH 13586 b
894	894
895	895
896	896	HB1746- 25 -LRB104 03562 HLH 13586 b HB1746 - 25 - LRB104 03562 HLH 13586 b
897	897	HB1746 - 25 - LRB104 03562 HLH 13586 b
898	898	1 verifying the accuracy of the affidavits filed by applicants
899	899	2 under this paragraph. The applications shall be clearly marked
900	900	3 as applications for the Additional General Homestead
901	901	4 Exemption.
902	902	5 (i-5) This subsection (i-5) applies to counties with
903	903	6 3,000,000 or more inhabitants. In the event of a sale of
904	904	7 homestead property, the homestead exemption shall remain in
905	905	8 effect for the remainder of the assessment year of the sale.
906	906	9 Upon receipt of a transfer declaration transmitted by the
907	907	10 recorder pursuant to Section 31-30 of the Real Estate Transfer
908	908	11 Tax Law for property receiving an exemption under this
909	909	12 Section, the assessor shall mail a notice and forms to the new
910	910	13 owner of the property providing information pertaining to the
911	911	14 rules and applicable filing periods for applying or reapplying
912	912	15 for homestead exemptions under this Code for which the
913	913	16 property may be eligible. If the new owner fails to apply or
914	914	17 reapply for a homestead exemption during the applicable filing
915	915	18 period or the property no longer qualifies for an existing
916	916	19 homestead exemption, the assessor shall cancel such exemption
917	917	20 for any ensuing assessment year.
918	918	21 (j) In counties with fewer than 3,000,000 inhabitants, in
919	919	22 the event of a sale of homestead property the homestead
920	920	23 exemption shall remain in effect for the remainder of the
921	921	24 assessment year of the sale. The assessor or chief county
922	922	25 assessment officer may require the new owner of the property
923	923	26 to apply for the homestead exemption for the following
924	924
925	925
926	926
927	927
928	928
929	929	HB1746 - 25 - LRB104 03562 HLH 13586 b
930	930
931	931
932	932	HB1746- 26 -LRB104 03562 HLH 13586 b HB1746 - 26 - LRB104 03562 HLH 13586 b
933	933	HB1746 - 26 - LRB104 03562 HLH 13586 b
934	934
935	935
936	936
937	937
938	938
939	939	HB1746 - 26 - LRB104 03562 HLH 13586 b