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92_SB1666sam009
LRB9210095SMdvam01
1 AMENDMENT TO SENATE BILL 1666
2 AMENDMENT NO. . Amend Senate Bill 1666 on page 1, by
3 replacing line 5 with the following:
4 "Sections 15-10 and 21-310 as follows:
5 (35 ILCS 200/15-10)
6 Sec. 15-10. Exempt property; procedures for
7 certification. All property granted an exemption by the
8 Department pursuant to the requirements of Section 15-5 and
9 described in the Sections following Section 15-30 and
10 preceding Section 16-5, to the extent therein limited, is
11 exempt from taxation. In order to maintain that exempt
12 status, the titleholder or the owner of the beneficial
13 interest of any property that is exempt must file with the
14 chief county assessment officer, on or before January 31 of
15 each year (May 31 in the case of property exempted by Section
16 15-170), an affidavit stating whether there has been any
17 change in the ownership or use of the property or the status
18 of the owner-resident, or that a disabled veteran who
19 qualifies under Section 15-165 owned and used the property as
20 of January 1 of that year. The nature of any change shall be
21 stated in the affidavit. Failure to file an affidavit
22 shall, in the discretion of the assessment officer,
23 constitute cause to terminate the exemption of that property,
-2- LRB9210095SMdvam01
1 notwithstanding any other provision of this Code. Owners of 5
2 or more such exempt parcels within a county may file a single
3 annual affidavit in lieu of an affidavit for each parcel.
4 The assessment officer, upon request, shall furnish an
5 affidavit form to the owners, in which the owner may state
6 whether there has been any change in the ownership or use of
7 the property or status of the owner or resident as of January
8 1 of that year. The owner of 5 or more exempt parcels shall
9 list all the properties giving the same information for each
10 parcel as required of owners who file individual affidavits.
11 However, titleholders or owners of the beneficial
12 interest in any property exempted under any of the following
13 provisions are not required to submit an annual filing under
14 this Section:
15 (1) Section 15-45 (burial grounds) in counties of
16 less than 3,000,000 inhabitants and owned by a
17 not-for-profit organization.
18 (2) Section 15-40.
19 (3) Section 15-50 (United States property).
20 (4) As is otherwise provided in Sections 15-170 and
21 15-175 (senior and general homestead exemptions).
22 If there is a change in use or ownership, however, notice
23 must be filed pursuant to Section 15-20.
24 Annual application for homestead exemptions shall be
25 filed as provided in Section 15-170 (senior citizens
26 homestead exemption), Section 15-172 (senior citizens
27 assessment freeze homestead exemption), and Section 15-175
28 (general homestead exemption), respectively.
29 (Source: P.A. 92-333, eff. 8-10-01.)".