Public Act 90-0323 of the 90th General Assembly
Public Act 90-0323
SB1094 Enrolled LRB9002118KDks
AN ACT to amend the Property Tax Code by changing Section
15.10.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Property Tax Code is amended by changing
Section 15-10 as follows:
(35 ILCS 200/15-10)
Sec. 15-10. Exempt property; procedures for
certification. All property described in the Sections
following Section 15-30 and preceding Section 16-5, to the
extent therein limited, is exempt from taxation. However, it
is the duty of the titleholder or the owner of the beneficial
interest of any property that is exempt, except property
exempted under Section 15-45 (burial grounds) in counties of
less than 3,000,000 inhabitants and owned by a not-for-profit
organization, exempted under Section 15-50 (United States
property), and except as is otherwise provided in Sections
15-170 and 15-175 (senior and general homesteads), to file
with the chief county assessment officer, on or before
January 31 of each year (May 31 in the case of property
exempted by Section 15-170), an affidavit stating whether
there has been any change in the ownership or use of the
property or the status of the owner-resident, or that a
disabled veteran who qualifies under Section 15-165 owned and
used the property as of January 1 of that year. In counties
of less than 3,000,000 inhabitants, the titleholder or the
owner of the beneficial interest of property owned by a
not-for-profit organization and exempt under Section 15-45 is
not required to file an affidavit after January 31, 1998.
The nature of any change shall be stated in the affidavit.
Failure to file an affidavit shall, in the discretion of the
assessment officer, constitute cause to terminate the
exemption of that property, notwithstanding any other
provision of this Code. Owners of 5 or more such exempt
parcels within a county may file a single annual affidavit in
lieu of an affidavit for each parcel. The assessment
officer, upon request, shall furnish an affidavit form to the
owners, in which the owner may state whether there has been
any change in the ownership or use of the property or status
of the owner or resident as of January 1 of that year. The
owner of 5 or more exempt parcels shall list all the
properties giving the same information for each parcel as
required of owners who file individual affidavits.
(Source: P.A. 87-895; 87-1189; 88-455.)