State of Illinois
91st General Assembly
Legislation

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91_SB0035eng

 
SB35 Engrossed                                 LRB9101536PTpk

 1        AN ACT  to  amend  the  Property  Tax  Code  by  changing
 2    Sections  5-5,  12-50,  14-15,  16-95, 16-125, and 16-160 and
 3    adding Section 20-178.

 4        Be it enacted by the People of  the  State  of  Illinois,
 5    represented in the General Assembly:

 6        Section  5.  The Property Tax Code is amended by changing
 7    Sections 5-5, 12-50, 14-15, 16-95,  16-125,  and  16-160  and
 8    adding Section 20-178 as follows:

 9        (35 ILCS 200/5-5)
10        Sec.  5-5.   Election  of  board  of  review; counties of
11    3,000,000 or more.
12        (a)  In counties with 3,000,000 or more  inhabitants,  on
13    the  first Tuesday after the first Monday in November 1994, 2
14    commissioners of the board of appeals  shall  be  elected  to
15    hold office from the first Monday in December following their
16    election and until the first Monday in December 1998. In case
17    of  any  vacancy, the chief judge of the circuit court or any
18    judge of that circuit designated by  the  chief  judge  shall
19    fill  the  vacancy by appointment. The commissioners shall be
20    electors in the  particular  county  at  the  time  of  their
21    election  or  appointment  and  shall hold no other lucrative
22    public office or public employment. Each  commissioner  shall
23    receive  compensation  fixed by the county board, which shall
24    be paid out of the county treasury and  which  shall  not  be
25    changed during the term for which any commissioner is elected
26    or  appointed.  Effective  the first Monday in December 1998,
27    the board of appeals is abolished.
28        The  board   of   appeals   shall   maintain   sufficient
29    evidentiary  records  to  support  all  decisions made by the
30    board of appeals.  All records,  data,  sales/ratio  studies,
31    and  other  information  necessary  for  the  board of review
 
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 1    elected under subsection (c) to  perform  its  functions  and
 2    duties  shall  be  transferred by the board of appeals to the
 3    board of review on the first Monday in December 1998.
 4        (b) (Blank).
 5        (c)  In each county with 3,000,000 or  more  inhabitants,
 6    there is created a board of review. The board of review shall
 7    consist of 3 members, one elected from each election district
 8    in  the county at the general election in 1998 to hold office
 9    for  a  term  beginning  on  the  first  Monday  in  December
10    following  their  election   and   until   their   respective
11    successors are elected and qualified.
12        No  later  than  June 1, 1996, the General Assembly shall
13    establish the boundaries for the 3 election districts in each
14    county with  3,000,000  or  more  inhabitants.  The  election
15    districts    shall   be   compact,   contiguous,   and   have
16    substantially the same population based on the  1990  federal
17    decennial  census.  One  district  shall be designated as the
18    first election district, one as the second election district,
19    and one as the third election district. The member from  each
20    district shall be elected to a term of 4 years.
21        In  the year following each federal decennial census, the
22    General Assembly shall reapportion the election districts  to
23    reflect   the   results  of  the  census.  The  reapportioned
24    districts  shall  be   compact,   contiguous,   and   contain
25    substantially  the same population. The member from the first
26    district shall be elected to terms of 4 years, 4 years, and 2
27    years. The  member from the second district shall be  elected
28    to  terms  of  4 years, 2 years, and 4 years. The member from
29    the third district shall be elected to terms of  2  years,  4
30    years, and 4 years.
31        In  case of vacancy, the chief judge of the circuit court
32    or any judge of the circuit court  designated  by  the  chief
33    judge  shall fill the vacancy by appointment of a person from
34    the same political party. If the vacancy is filled with  more
 
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 1    than  28  months  remaining in the term, the appointed member
 2    shall serve until the next general election, at which time  a
 3    member  shall  be  elected  to serve for the remainder of the
 4    term. If a vacancy is filled with 28 months or less remaining
 5    in the term, the appointment shall be for  the  remainder  of
 6    the   term.  The  members  shall  be  electors  within  their
 7    respective election district at the time of their election or
 8    appointment and shall hold no other lucrative  public  office
 9    or public employment.
10        Each  member  shall  receive  compensation  fixed  by the
11    county board,  which shall be paid from the county  treasury.
12    Compensation for each member shall be equitable and shall not
13    be  changed  during the term for which that member is elected
14    or appointed. The county shall provide suitable office  space
15    for the board of review.
16        For  the  year  beginning on the first Monday in December
17    1998 and ending the first Monday in December 1999, and  every
18    fourth  year  thereafter, the chair of the board shall be the
19    member  elected  from  the  first  district.   For  the  year
20    beginning the first Monday in December 1999  and  ending  the
21    first   Monday  in  December  2000,  and  every  fourth  year
22    thereafter, the chair  of  the  board  shall  be  the  member
23    elected from the second district.  For the year beginning the
24    first  Monday in December 2000 and ending the first Monday in
25    December 2001, and every fourth year  thereafter,  the  chair
26    shall be the member elected from the third district.  For the
27    year  beginning  the first Monday in December 2001 and ending
28    the first Monday in December  2002,  and  every  fourth  year
29    thereafter,  the  chair  of  the board shall be determined by
30    lot.
31        On and after the first  Monday  in  December,  1998,  any
32    reference  in  this Code to a board of appeals shall mean the
33    board of review created under this  subsection.  Whenever  it
34    may   be   necessary   for   purposes   of   determining  its
 
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 1    jurisdiction, the board of review shall be deemed to  succeed
 2    to  the  powers  and  duties  of the former board of appeals;
 3    provided that the board of review shall also have all of  the
 4    powers  and  duties granted to it under this Code. All action
 5    of the board of review shall be by a  majority  vote  of  its
 6    members.
 7    (Source:  P.A.  88-455;  89-126,  eff.  7-11-95; 89-671, eff.
 8    8-14-96.)

 9        (35 ILCS 200/12-50)
10        Sec. 12-50.  Mailed notice to taxpayer  after  change  by
11    board  of  review  or  board  of  appeals.  If final board of
12    review or board of appeals  action  regarding  any  property,
13    including  equalization under Section 16-60 or Section 16-65,
14    results in an increased or decreased  assessment,  the  board
15    shall mail a notice to the taxpayer, at his or her address as
16    it  appears  in  the  assessment  records,  whose property is
17    affected by such action, and in the case of a complaint filed
18    with a board of review under Section 16-25 or 16-115, to  the
19    taxing  body  filing the complaint.  A copy shall be given to
20    the assessor or chief county assessment officer if his or her
21    assessment was reversed or modified by  the  board.   Written
22    notice  shall  also  be  given  to  any  taxpayer who filed a
23    complaint in writing with the board and whose assessment  was
24    not  changed.  The  notice shall set forth the assessed value
25    prior to board action; the assessed value after  final  board
26    action  but prior to any equalization; and the assessed value
27    as equalized by the board, if  the  board  equalizes.    This
28    notice  shall state that the value as certified to the county
29    clerk by the board will be the locally assessed value of  the
30    property  for  that  year  and  each  succeeding year, unless
31    revised in a succeeding year in the manner provided  in  this
32    Code.  The  written  notice shall also set forth specifically
33    the facts upon which  the  board's  decision  is  based.   In
 
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 1    counties with less than 3,000,000 inhabitants, the notice and
 2      shall also contain the following statement: "You may appeal
 3    this decision to the Property Tax Appeal Board  by  filing  a
 4    petition for review with the Property Tax Appeal Board within
 5    30  days after this notice is mailed to you or your agent, or
 6    is personally served upon you or your agent"; except that, in
 7    counties with 3,000,000 or  more  inhabitants  the  statement
 8    shall  be  included in the written notice (i) for residential
 9    property with 6 units or less beginning with assessments made
10    for the 1996 assessment year and (ii) for all other  property
11    in counties with 3,000,000 or more inhabitants beginning with
12    assessments  made  for the 1997 assessment year.  In counties
13    with 3,000,000 or more inhabitants,  the  notice  shall  also
14    contain  the  following  statement:   "You  may  appeal  this
15    decision  to  the  Property  Tax  Appeal  Board  by  filing a
16    petition for review with the Property Tax Appeal Board within
17    30 days after the date of this notice or within 30 days after
18    the date that the Board of Review  transmits  to  the  county
19    assessor  pursuant  to Section 16-125 its final action on the
20    township in which your  property  is  located,  whichever  is
21    later". The Board shall publish its transmittal date of final
22    action  on each township in at least one newspaper of general
23    circulation  in  the  county.    The  changes  made  by  this
24    amendatory Act of the 91st General Assembly apply to the 1999
25    assessment year and thereafter.
26    (Source: P.A. 88-455;  89-126,  eff.  7-11-95;  89-671,  eff.
27    8-14-96.)

28        (35 ILCS 200/14-15)
29        Sec.  14-15.  Certificate of error; counties of 3,000,000
30    or more.
31        (a)  In counties with 3,000,000 or more inhabitants,  if,
32    after the assessment is certified pursuant to Section 16-150,
33    but  subject  to  the  limitations  of subsection (c) of this
 
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 1    Section, at any time  before  judgment  is  rendered  in  any
 2    proceeding  to  collect  or to enjoin the collection of taxes
 3    based upon any assessment of any property  belonging  to  any
 4    taxpayer,  the  county assessor discovers an error or mistake
 5    in the assessment, the assessor shall execute  a  certificate
 6    setting  forth  the  nature  and  cause  of  the  error.  The
 7    certificate when endorsed by the  county  assessor,  or  when
 8    endorsed  by  the county assessor and board of appeals (until
 9    the first Monday in December 1998 and  the  board  of  review
10    beginning  the  first Monday in December 1998 and thereafter)
11    where the certificate is executed for  any  assessment  which
12    was  the subject of a complaint filed in the board of appeals
13    (until the first Monday in December 1998  and  the  board  of
14    review  beginning  the  first  Monday  in  December  1998 and
15    thereafter) for the tax year for  which  the  certificate  is
16    issued,  may,  either be certified according to the procedure
17    authorized by this Section or be presented  and  received  in
18    evidence    in   any   court   of   competent   jurisdiction.
19    Certification is authorized, at the discretion of the  county
20    assessor,  for:  (1) certificates of error allowing homestead
21    exemptions pursuant to Sections 15-170, 15-172,  and  15-175;
22    (2)  certificates of error on residential property of 6 units
23    or less; (3) certificates of error allowing exemption of  the
24    property   pursuant   to   Section   14-25;   and  (4)  other
25    certificates of error reducing assessed value  by  less  than
26    $100,000.   Any  certificate  of error not certified shall be
27    presented to the court. The  county  assessor  shall  develop
28    reasonable  procedures  for  the  filing  and  processing  of
29    certificates   of  error.   Prior  to  the  certification  or
30    presentation to the court, the county assessor or his or  her
31    designee  shall  execute  and  include  in the certificate of
32    error a statement attesting that all procedural  requirements
33    pertaining  to  the issuance of the certificate of error have
34    been met and that in fact an error exists. When so introduced
 
SB35 Engrossed              -7-                LRB9101536PTpk
 1    in evidence such certificate shall become a part of the court
 2    records, and shall not be removed from the files except  upon
 3    the order of the court.
 4        Certificates of error that will be presented to the court
 5    shall  be filed A certificate executed under this Section may
 6    be issued to the person erroneously assessed.  A  certificate
 7    executed  under  this  Section  or  a list of the parcels for
 8    which certificates have been issued may be presented  by  the
 9    assessor  to the court as an objection in the application for
10    judgment and order of sale for the year in relation to  which
11    the  certificate  is made or as an amendment to the objection
12    under subsection (b).  Certificates of error that are  to  be
13    certified  according  to  the  procedure  authorized  by this
14    Section need not be presented to the court as an objection or
15    an amendment under subsection (b). The  State's  Attorney  of
16    the  county  in  which  the property is situated shall mail a
17    copy of any final judgment entered by the court regarding any
18     the certificate of error to the taxpayer of record  for  the
19    year in question.
20        Any unpaid taxes after the entry of the final judgment by
21    the  court or certification on certificates issued under this
22    Section may be included in a special tax sale, provided  that
23    an  advertisement  is published and a notice is mailed to the
24    person in whose name the taxes were last assessed, in a  form
25    and  manner  substantially  similar  to the advertisement and
26    notice  required  under  Sections  21-110  and  21-135.   The
27    advertisement and sale shall be subject to all provisions  of
28    law   regulating   the   annual  advertisement  and  sale  of
29    delinquent property, to the extent that those provisions  may
30    be made applicable.
31        A  certificate  of  error  certified  executed under this
32    Section allowing homestead exemptions under Sections  15-170,
33    15-172, and 15-175 of this Act (formerly Sections 19.23-1 and
34    19.23-1a  of  the Revenue Act of 1939) not previously allowed
 
SB35 Engrossed              -8-                LRB9101536PTpk
 1    shall be given effect by the county treasurer, who shall mark
 2    the tax books and, upon  receipt  of  one  of  the  following
 3    certificates  certificate  from  the  county  assessor or the
 4    county assessor and the board of review where  the  board  of
 5    review is required to endorse the certificate of error, shall
 6    issue refunds to the taxpayer accordingly:

 7                           "CERTIFICATION
 8        I,  ..................,  county  assessor, hereby certify
 9        that the Certificates of Error set out  on  the  attached
10        list have been duly issued to correct an error or mistake
11        in  the assessment allow homestead exemptions pursuant to
12        Sections 15-170, 15-172, and 15-175 of the  Property  Tax
13        Code  (formerly  Sections  19.23-1  and  19.23-1a  of the
14        Revenue Act of 1939) which should  have  been  previously
15        allowed;  and  that a certified copy of the attached list
16        and this certification have been served upon  the  county
17        State's Attorney."

18                           "CERTIFICATION
19        I,   ..................,   county   assessor,   and   we,
20        ........................................................,
21        members  of  the board of review, hereby certify that the
22        Certificates of Error set out on the attached  list  have
23        been  duly  issued  to correct an error or mistake in the
24        assessment and that any certificates of error required to
25        be  endorsed  by  the  board  of  review  have  been   so
26        endorsed."

27        The  county treasurer has the power to mark the tax books
28    to reflect the issuance of homestead  certificates  of  error
29    certified  according  to  the  procedure  authorized  in this
30    Section for certificates of error issued under Section  14-25
31    or  certificates  of  error  issued  to and including 3 years
32    after the date on which the annual judgment and order of sale
33    for that tax year was first entered.   The  county  treasurer
 
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 1    has  the  power to issue refunds to the taxpayer as set forth
 2    above until all refunds authorized by this Section have  been
 3    completed.
 4        To  the extent that the certificate of error obviates the
 5    liability  for  nonpayment  of  taxes,  certification  of   a
 6    certificate of error according to the procedure authorized in
 7    this   Section  shall  operate  to  vacate  any  judgment  or
 8    forfeiture as to that year's taxes, and the warrant books and
 9    judgment books shall be marked to reflect that  the  judgment
10    or forfeiture has been vacated.
11        The county treasurer has no power to issue refunds to the
12    taxpayer  as set forth above unless the Certification set out
13    in this Section has  been  served  upon  the  county  State's
14    Attorney.
15        (b)  Nothing  in  subsection (a) of this Section shall be
16    construed to prohibit the execution,  endorsement,  issuance,
17    and  adjudication of a certificate of error if (i) the annual
18    judgment and order of sale for the tax year  in  question  is
19    reopened  for  further proceedings upon consent of the county
20    collector and county assessor,  represented  by  the  State's
21    Attorney,  and  (ii)  a  new  final  judgment is subsequently
22    entered pursuant to the  certificate.   This  subsection  (b)
23    shall  be construed as declarative of existing law and not as
24    a new enactment.
25        (c)  No certificate of error, other than a certificate to
26    establish an exemption under Section 14-25, shall be executed
27    for any tax year more than 3 years after the  date  on  which
28    the  annual  judgment and order of sale for that tax year was
29    first entered.
30        (d)  The time limitation  of  subsection  (c)  shall  not
31    apply  to  a certificate of error correcting an assessment to
32    $1, under Section 10-35, on a parcel that  a  subdivision  or
33    planned  development  has  acquired by adverse possession, if
34    during the tax year for which the certificate is executed the
 
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 1    subdivision or planned development used the parcel as  common
 2    area, as defined in Section 10-35, and if application for the
 3    certificate of error is made prior to December 1, 1997.
 4        (e)  The  changes made by this amendatory Act of the 91st
 5    General  Assembly  apply  to  certificates  of  error  issued
 6    before, on, and after the effective date of  this  amendatory
 7    Act of the 91st General Assembly.
 8    (Source:  P.A.  89-126,  eff.  7-11-95; 89-671, eff. 8-14-96;
 9    90-4,  eff.  3-7-97;  90-288,  eff.  8-1-97;   90-655,   eff.
10    7-30-98.)

11        (35 ILCS 200/16-95)
12        Sec.  16-95.   Powers  and  duties of board of appeals or
13    review; complaints.   In  counties  with  3,000,000  or  more
14    inhabitants,  until  the  first  Monday in December 1998, the
15    board of appeals in any year shall,  on  complaint  that  any
16    property  is  overassessed  or  underassessed,  or is exempt,
17    review and order the assessment corrected.
18        Beginning  the  first  Monday  in   December   1998   and
19    thereafter,  in  counties with 3,000,000 or more inhabitants,
20    the board of review:
21             (1)  shall,  on  upon  written  complaint   of   any
22        taxpayer,  or any taxing district that has an interest in
23        the  assessment,  that  any  property  is   overassessed,
24        underassessed,  or  exempt,  review  the  assessment  and
25        confirm upon good cause shown, revise, correct, alter, or
26        modify the any assessment, as appears to be just (or part
27        of  an  assessment) of any real property; nothing in this
28        Section,  however,  shall  be  construed  to  require   a
29        taxpayer to file a complaint with the board; and
30             (2)  may,  upon  written  motion  of any one or more
31        members of the board that is made on or before the  dates
32        specified  in notices given under Section 16-110 for each
33        township and upon  good  cause  shown,  revise,  correct,
 
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 1        alter,   or   modify   any  assessment  (or  part  of  an
 2        assessment) of real property regardless  of  whether  the
 3        taxpayer  or  owner of the property has filed a complaint
 4        with the board.
 5             An assessment  shall  not  be  increased  until  the
 6        person  to  be  affected  has  been notified and given an
 7        opportunity to be heard. Before making any  reduction  in
 8        assessments  of  its  own  motion,  the  board shall give
 9        notice to the assessor or No assessment may be changed by
10        the board on its own motion  until the taxpayer in  whose
11        name  the  property  is  assessed  and  the  chief county
12        assessment officer who certified the assessment have been
13        notified and given, and give the assessor or chief county
14        assessment officer an opportunity to  be  heard  thereon.
15        All  taxing  districts  shall  have  an opportunity to be
16        heard on the matter.
17    (Source: P.A. 88-455;  89-126,  eff.  7-11-95;  89-671,  eff.
18    8-14-96.)

19        (35 ILCS 200/16-125)
20        Sec.  16-125.   Hearings.   In counties with 3,000,000 or
21    more inhabitants, complaints filed with the board of  appeals
22    (until  the  first  Monday  in December 1998 and the board of
23    review beginning  the  first  Monday  in  December  1998  and
24    thereafter)  shall be classified by townships. All complaints
25    shall be docketed numerically, in the order in which they are
26    presented, as  nearly  as  possible,  in  books  or  computer
27    records  kept for that purpose, which shall be open to public
28    inspection. The complaints shall be considered  by  townships
29    until  they  have  been  heard  and passed upon by the board.
30    After completing final action on all matters in  a  township,
31    the  board  shall  transmit  such final actions to the county
32    assessor.
33        A hearing upon any complaint shall not be held until  the
 
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 1    taxpayer  affected  and  the  county  assessor have each been
 2    notified and have been given an opportunity to be heard.  All
 3    hearings  shall be open to the public and the board shall sit
 4    together and  hear  the  representations  of  the  interested
 5    parties  or their representatives.  An order for a correction
 6    of any assessment shall not be made unless both commissioners
 7    of the board, or a majority of the members in the case  of  a
 8    board  of  review,  concur  therein,  in which case, an order
 9    therefor shall be made in open session  and  entered  in  the
10    records   of  the  board.   When  an  assessment  is  ordered
11    corrected, the board shall transmit a  computer  printout  of
12    the  results,  or  make and sign a brief written statement of
13    the reason for the change and the manner in which the  method
14    used  by the assessor in making the assessment was erroneous,
15    and shall deliver a copy  of  the  statement  to  the  county
16    assessor.  Upon  request the board shall hear any taxpayer in
17    opposition to a proposed reduction in any assessment.
18        The board may destroy or otherwise dispose of  complaints
19    and  records  pertaining  thereto after the lapse of 10 years
20    from the date of filing.
21    (Source: P.A. 88-455;  89-126,  eff.  7-11-95;  89-671,  eff.
22    8-14-96.)

23        (35 ILCS 200/16-160)
24        Sec.  16-160.   Property  Tax  Appeal Board; process.  In
25    counties with 3,000,000 or more inhabitants,  beginning  with
26    assessments made for the 1996 assessment year for residential
27    property  of  6  units or less and beginning with assessments
28    made for the 1997 assessment year for all other property, and
29    for all property in any  county  other  than  a  county  with
30    3,000,000 or more inhabitants, any taxpayer dissatisfied with
31    the decision of a board of review or board of appeals as such
32    decision  pertains  to  the assessment of his or her property
33    for taxation  purposes,  or  any  taxing  body  that  has  an
 
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 1    interest  in  the decision of the board of review or board of
 2    appeals  on  an  assessment  made  by  any  local  assessment
 3    officer, may,  (i)  in  counties  with  less  than  3,000,000
 4    inhabitants  within  30 days after the date of written notice
 5    of the decision of the board of review or (ii) in  assessment
 6    year  1999  and thereafter in counties with 3,000,000 or more
 7    inhabitants within 30 days after the date  of  the  board  of
 8    review notice or within 30 days after the date that the board
 9    of  review  transmits  to  the  county  assessor  pursuant to
10    Section 16-125 its final action on the township in which  the
11    property  is  located,  whichever  is later Board of Appeals,
12    appeal the decision to the  Property  Tax  Appeal  Board  for
13    review.  In  any appeal where the board of review or board of
14    appeals has given  written  notice  of  the  hearing  to  the
15    taxpayer 30 days before the hearing, failure to appear at the
16    board  of review or board of appeals hearing shall be grounds
17    for dismissal of the appeal unless a continuance  is  granted
18    to  the  taxpayer.   If an appeal is dismissed for failure to
19    appear at a board of review or board of appeals hearing,  the
20    Property  Tax Appeal Board shall have no jurisdiction to hear
21    any subsequent appeal  on  that  taxpayer's  complaint.  Such
22    taxpayer  or  taxing  body, hereinafter called the appellant,
23    shall file a petition with the  clerk  of  the  Property  Tax
24    Appeal  Board,  setting  forth the facts upon which he or she
25    bases  the  objection,  together  with  a  statement  of  the
26    contentions of law which he or she desires to raise, and  the
27    relief  requested.  If a petition is filed by a taxpayer, the
28    taxpayer is  precluded  from  filing  objections  based  upon
29    valuation,  as  may otherwise be permitted by Sections 21-175
30    and 23-5.  However,  any  taxpayer  not  satisfied  with  the
31    decision  of  the board of review or board of appeals as such
32    decision pertains to the assessment of his  or  her  property
33    need not appeal the decision to the Property Tax Appeal Board
34    before seeking relief in the courts. The changes made by this
 
SB35 Engrossed              -14-               LRB9101536PTpk
 1    amendatory   Act  of  the  91st  General  Assembly  shall  be
 2    effective beginning with the 1999 assessment year.
 3    (Source: P.A. 88-455;  89-126,  eff.  7-11-95;  89-671,  eff.
 4    8-14-96.)

 5        (35 ILCS 200/20-178 new)
 6        Sec.  20-178.  Certificate  of  error;  refund; interest.
 7    When  the  county  collector  makes  any   refunds   due   on
 8    certificates  of  error  issued  under Sections 14-15 through
 9    14-25 that have been either  certified  or  adjudicated,  the
10    county  collector  shall  pay  the  taxpayer  interest on the
11    amount of the refund at the rate of 0.5% per month.
12        No interest shall be due under this Section for any  time
13    prior  to 60 days after the effective date of this amendatory
14    Act of the 91st General Assembly. For certificates  of  error
15    issued  prior to the effective date of this amendatory Act of
16    the 91st General Assembly, the county collector shall pay the
17    taxpayer interest from 60 days after the  effective  date  of
18    this  amendatory  Act  of the 91st General Assembly until the
19    date the refund is paid. For certificates of error issued  on
20    or  after  the  effective  date of this amendatory Act of the
21    91st General Assembly, interest shall be paid  from  60  days
22    after  the certificate of error is issued by the chief county
23    assessment officer to the date the refund is made.  To  cover
24    the   cost   of   interest,   the   county   collector  shall
25    proportionately reduce the distribution  of  taxes  collected
26    for each taxing district in which the property is situated.
27        This  Section shall not apply to any certificate of error
28    granting a homestead exemption under Section 15-170,  15-172,
29    or 15-175.

30        Section  99.  Effective date.  This Act takes effect upon
31    becoming law.

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