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91_HB1302ham001 LRB9104904PTpkam 1 AMENDMENT TO HOUSE BILL 1302 2 AMENDMENT NO. . Amend House Bill 1302 by replacing 3 everything after the enacting clause with the following: 4 "Section 5. The Property Tax Code is amended by changing 5 Sections 7-5 and 7-10 as follows: 6 (35 ILCS 200/7-5) 7 Sec. 7-5. Creation of Property Tax Appeal Board. The 8 Property Tax Appeal Board shall consist of 9 members59membersappointed by the Governor, with the advice and 10 consent of the Senate. The Governor, with the advice and 11 consent of the Senate, shall designate one of the members as 12 Chairman. The property Tax Appeal Board shall be totally 13 independent of the Department. A vacancy on the Board shall 14 be filled in the same manner as original appointments are 15 made. 16 (Source: P.A. 87-1189; 88-455.) 17 (35 ILCS 200/7-10) 18 Sec. 7-10. Selection of members. The members of the 19 Property Tax Appeal Board shall be qualified by virtue of 5 20 years experience and training in the field of public finance 21 administration, at least 2 years of which shall be in the -2- LRB9104904PTpkam 1 field of property appraisal and property tax administration. 2 No more than 5 members3 membersof the Board may be members 3 of the same political party. At least 4 members of the Board 4 must be residents of Cook County. The Chairman of the 5 Property Tax Appeal Board shall receive $28,000 per year, or 6 an amount set by the Compensation Review Board, whichever is 7 greater; and each other member of the Board shall receive 8 $22,500 per year, or an amount set by the Compensation Review 9 Board, whichever is greater. 10 Of the original 5 members of the Board the terms of 2 11 members shall expire on the third Monday in January, 1995; 12 the term of 2 members shall expire on the third Monday in 13 January, 1997; and the term of one member shall expire on the 14 third Monday in January, 1999. Of the 4 members of the Board 15 added by this amendatory Act of the 91st General Assembly, 16 the term of 2 members shall expire on the third Monday in 17 January, 2003 and the term of 2 members shall expire on the 18 third Monday in January, 2005. Members shall be appointed in 19 each odd-numbered year for a 6 year term commencing on the 20 third Monday in January of such year. Each member shall serve 21 until a successor is appointed and qualified. 22 (Source: P.A. 84-1240; 88-455.)".