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91_HB0521
LRB9101985PTpk
1 AN ACT concerning property valuation.
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 Sections 9-160, 9-165, and 9-180 as follows:
6 (35 ILCS 200/9-160)
7 Sec. 9-160. Valuation in years other than general
8 assessment years. On or before June 1 in each year other
9 than the general assessment year, in all counties with less
10 than 3,000,000 inhabitants, and as soon as he or she
11 reasonably can in counties with 3,000,000 or more
12 inhabitants, the assessor shall list and assess all property
13 which becomes taxable and which is not upon the general
14 assessment, and also make and return a list of all new or
15 added buildings, structures or other improvements of any
16 kind, the value of which had not been previously added to or
17 included in the valuation of the property on which such
18 improvements have been made, specifying the property on which
19 each of the improvements has been made, the kind of
20 improvement and the value which, in his or her opinion, has
21 been added to the property by the improvements. The
22 assessment shall also include or exclude, on a proportionate
23 basis in accordance with the provisions of Section 9-180, all
24 new or added buildings, structures or other improvements, the
25 value of which was not included in the valuation of the
26 property for that year, and all improvements which were
27 destroyed or removed. In case of the destruction or injury by
28 fire, flood, cyclone, storm or otherwise, or removal of any
29 structures of any kind, or of the destruction of or any
30 injury to orchard timber, ornamental trees or groves, the
31 value of which has been included in any former valuation of
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1 the property, the assessor shall determine as near as
2 practicable how much the value of the property has been
3 diminished, and make return thereof.
4 Beginning January 1, 1996, the authority within a unit of
5 local government that is responsible for issuing building or
6 occupancy permits shall notify the chief county assessment
7 officer, by December 31 of the assessment year, when a full
8 or partial occupancy permit has been issued for a parcel of
9 real property. The chief county assessment officer shall
10 include in the assessment of the property for the current
11 year the proportionate value of new or added improvements on
12 that property from the date the occupancy permit was issued
13 or from the date the new or added improvement was inhabitable
14 and fit for occupancy or for intended customary use as
15 identified in the building permit issued for the improvement
16 substantially completed until December 31 of that year. If
17 the chief county assessment officer has already certified the
18 books for the year, the board of review or interim board of
19 review shall assess the new or added improvements on a
20 proportionate basis for the year in which the improvement was
21 substantially completed or the occupancy permit was issued or
22 the new or added improvement was inhabitable and fit for
23 occupancy or for intended customary use as identified in the
24 building permit issued for the improvement. The proportionate
25 value of the new or added improvements may be assessed by the
26 board of review or interim board of review as omitted
27 property pursuant to Sections 9-265, 9-270, 16-50 and 16-140
28 in a subsequent year on a proportionate basis for the year in
29 which the improvement was substantially completed or the
30 occupancy permit was issued or the new or added improvement
31 was inhabitable and fit for occupancy or for intended
32 customary use as identified in the building permit issued for
33 the improvement if it was not assessed in that year.
34 (Source: P.A. 88-455; 89-412, eff. 11-17-95.)
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1 (35 ILCS 200/9-165)
2 Sec. 9-165. Definitions. As used in Sections 9-165 and
3 9-180 Section 9-170:
4 "Municipality" means a city, village or incorporated town
5 .;
6 "Governing body" means (a) the corporate authorities of a
7 municipality with respect to territory within its corporate
8 limits and (b) the county board with respect to territory in
9 the county not within the corporate limits of any
10 municipality.
11 "Certificate of Occupancy permit" means the certificate
12 or permit, by whatever name denominated, which a municipality
13 or county, under its authority to regulate the construction
14 of buildings, issues as evidence that all applicable
15 requirements have been complied with and requires before any
16 new, reconstructed or remodeled building may be lawfully
17 occupied.
18 (Source: P.A. 78-376; 88-455; revised 10-31-98.)
19 (35 ILCS 200/9-180)
20 Sec. 9-180. Pro-rata valuations; improvements or removal
21 of improvements. The owner of property on January 1 also
22 shall be liable, on a proportionate basis, for the increased
23 taxes occasioned by the construction of new or added
24 buildings, structures or other improvements on the property
25 from the date when the occupancy permit was issued or from
26 the date the new or added improvement was inhabitable and fit
27 for occupancy or for intended customary use as identified in
28 the building permit issued for the improvement substantially
29 completed or initially occupied or initially used, to
30 December 31 of that year. The owner of the improved property
31 shall notify the assessor, within 30 days of the issuance of
32 an occupancy permit or within 30 days of completion of the
33 improvements, on a form prescribed by that official, and
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1 request that the property be reassessed. The notice shall be
2 sent by certified mail, return receipt requested and shall
3 include the legal description of the property.
4 When, during the previous calendar year, any buildings,
5 structures or other improvements on the property were
6 destroyed and rendered uninhabitable or otherwise unfit for
7 occupancy or for customary use by accidental means (excluding
8 destruction resulting from the willful misconduct of the
9 owner of such property), the owner of the property on January
10 1 shall be entitled, on a proportionate basis, to a
11 diminution of assessed valuation for such period during which
12 the improvements were uninhabitable or unfit for occupancy or
13 for customary use. The owner of property entitled to a
14 diminution of assessed valuation shall, on a form prescribed
15 by the assessor, within 90 days after the destruction of any
16 improvements or, in counties with less than 3,000,000
17 inhabitants within 90 days after the township or
18 multi-township assessor has mailed the application form as
19 required by Section 9-190, file with the assessor for the
20 decrease of assessed valuation. Upon failure so to do within
21 the 90 day period, no diminution of assessed valuation shall
22 be attributable to the property.
23 Computations under this Section shall be on the basis of
24 a year of 365 days.
25 (Source: P.A. 88-455; 89-412, eff. 11-17-95.)
26 Section 90. The State Mandates Act is amended by adding
27 Section 8.23 as follows:
28 (30 ILCS 805/8.23 new)
29 Sec. 8.23. Exempt mandate. Notwithstanding Sections 6
30 and 8 of this Act, no reimbursement by the State is required
31 for the implementation of any mandate created by this
32 amendatory Act of the 91st General Assembly.