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1 | AN ACT concerning revenue. | |||||||||||||||||||
2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
3 | represented in the General Assembly: | |||||||||||||||||||
4 | Section 5. The Property Tax Code is amended by changing | |||||||||||||||||||
5 | Section 15-10 as follows: | |||||||||||||||||||
6 | (35 ILCS 200/15-10) | |||||||||||||||||||
7 | Sec. 15-10. Exempt property; procedures for certification. | |||||||||||||||||||
8 | (a) All property granted an exemption by the Department | |||||||||||||||||||
9 | pursuant to the requirements of Section 15-5 and described in | |||||||||||||||||||
10 | the Sections following Section 15-30 and preceding Section | |||||||||||||||||||
11 | 16-5, to the extent therein limited, is exempt from taxation. | |||||||||||||||||||
12 | In order to maintain that exempt status, the titleholder or | |||||||||||||||||||
13 | the owner of the beneficial interest of any property that is | |||||||||||||||||||
14 | exempt must file with the chief county assessment officer, on | |||||||||||||||||||
15 | or before January 31 of each year (May 31 in the case of | |||||||||||||||||||
16 | property exempted by Section 15-170), an affidavit stating | |||||||||||||||||||
17 | whether there has been any change in the ownership or use of | |||||||||||||||||||
18 | the property, the status of the owner-resident, the | |||||||||||||||||||
19 | satisfaction by a relevant hospital entity of the condition | |||||||||||||||||||
20 | for an exemption under Section 15-86, or that a veteran with a | |||||||||||||||||||
21 | disability who qualifies under Section 15-165 owned and used | |||||||||||||||||||
22 | the property as of January 1 of that year. The nature of any | |||||||||||||||||||
23 | change shall be stated in the affidavit. Failure to file an |
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1 | affidavit shall, in the discretion of the assessment officer, | ||||||
2 | constitute cause to terminate the exemption of that property, | ||||||
3 | notwithstanding any other provision of this Code. Owners of 5 | ||||||
4 | or more such exempt parcels within a county may file a single | ||||||
5 | annual affidavit in lieu of an affidavit for each parcel. The | ||||||
6 | assessment officer, upon request, shall furnish an affidavit | ||||||
7 | form to the owners, in which the owner may state whether there | ||||||
8 | has been any change in the ownership or use of the property or | ||||||
9 | status of the owner or resident as of January 1 of that year. | ||||||
10 | The owner of 5 or more exempt parcels shall list all the | ||||||
11 | properties giving the same information for each parcel as | ||||||
12 | required of owners who file individual affidavits. If a taxing | ||||||
13 | district fails to file an affidavit by the date specified in | ||||||
14 | this Section, then, prior to terminating the exemption of the | ||||||
15 | property, the chief county assessment officer shall notify the | ||||||
16 | taxing district by first-class mail that the chief county | ||||||
17 | assessment officer has not received the affidavit. | ||||||
18 | (b) However, titleholders or owners of the beneficial | ||||||
19 | interest in any property exempted under any of the following | ||||||
20 | provisions are not required to submit an annual filing under | ||||||
21 | this Section: | ||||||
22 | (1) Section 15-45 (burial grounds) in counties of less | ||||||
23 | than 3,000,000 inhabitants and owned by a not-for-profit | ||||||
24 | organization. | ||||||
25 | (2) Section 15-40. | ||||||
26 | (3) Section 15-50 (United States property). |
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1 | (c) If there is a change in use or ownership, however, | ||||||
2 | notice must be filed pursuant to Section 15-20. | ||||||
3 | (d) An application for homestead exemptions shall be filed | ||||||
4 | as provided in Section 15-170 (senior citizens homestead | ||||||
5 | exemption), Section 15-172 (low-income senior citizens | ||||||
6 | assessment freeze homestead exemption), and Sections 15-175 | ||||||
7 | (general homestead exemption), 15-176 (general alternative | ||||||
8 | homestead exemption), and 15-177 (long-time occupant homestead | ||||||
9 | exemption), respectively. | ||||||
10 | (e) For purposes of determining satisfaction of the | ||||||
11 | condition for an exemption under Section 15-86: | ||||||
12 | (1) The "year for which exemption is sought" is the | ||||||
13 | year prior to the year in which the affidavit is due. | ||||||
14 | (2) The "hospital year" is the fiscal year of the | ||||||
15 | relevant hospital entity, or the fiscal year of one of the | ||||||
16 | hospitals in the hospital system if the relevant hospital | ||||||
17 | entity is a hospital system with members with different | ||||||
18 | fiscal years, that ends in the year prior to the year in | ||||||
19 | which the affidavit is due. However, if that fiscal year | ||||||
20 | ends 3 months or less before the date on which the | ||||||
21 | affidavit is due, the relevant hospital entity shall file | ||||||
22 | an interim affidavit based on the currently available | ||||||
23 | information, and shall file a supplemental affidavit | ||||||
24 | within 90 days of date on which the application was due, if | ||||||
25 | the information in the relevant hospital entity's audited | ||||||
26 | financial statements changes the interim affidavit's |
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1 | statement concerning the entity's compliance with the | ||||||
2 | calculation required by Section 15-86. | ||||||
3 | (3) The affidavit shall be accompanied by an exhibit | ||||||
4 | prepared by the relevant hospital entity showing (A) the | ||||||
5 | value of the relevant hospital entity's services and | ||||||
6 | activities, if any, under items (1) through (7) of | ||||||
7 | subsection (e) of Section 15-86, stated separately for | ||||||
8 | each item, and (B) the value relating to the relevant | ||||||
9 | hospital entity's estimated property tax liability under | ||||||
10 | paragraphs (A), (B), and (C) of item (1) of subsection (g) | ||||||
11 | of Section 15-86; under paragraphs (A), (B), and (C) of | ||||||
12 | item (2) of subsection (g) of Section 15-86; and under | ||||||
13 | item (3) of subsection (g) of Section 15-86. | ||||||
14 | (Source: P.A. 102-895, eff. 5-23-22.) |