House Sponsors: DANIELS. Senate Sponsors: O'MALLEY Short description: PROPERTY TAXES-HEARINGS Synopsis of Bill as introduced: Amends the Property Tax Code. Makes a technical change in a Section concerning hearings of the Property Tax Appeal Board. SENATE AMENDMENT NO. 2. Deletes reference to: 35 ILCS 200/16-170 Adds reference to: 35 ILCS 200/16-125 35 ILCS 200/16-180 Deletes everything. Amends the Property Tax Code with respect to review of assessment decisions. Provides that, in counties with 3,000,000 or more inhabitants, the board of review may destroy or otherwise dispose of complaints and records pertaining thereto after the lapse of 5 (now, 10) years from the date of filing. Provides that, for appeals based on assessments made for 1997, 1998, and 1999 assess- ment years where property is classified for purposes of taxation and a classification ordinance has been adopted, the correct assessment for property other than residential property of 6 units or less shall be determined by debasing the market value of the subject property by the ordinance level for that class of property. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status