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Public Act 91-0751
SB1645 Enrolled LRB9111535SMmb
AN ACT to amend the Property Tax Code by changing Section
12-55.
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 12-55 as follows:
(35 ILCS 200/12-55)
Sec. 12-55. Notice requirement if assessment is
increased; counties of 3,000,000 or more.
(a) In counties with 3,000,000 or more inhabitants, a
revision by the county assessor, except where such revision
is made on complaint of the owner, shall not increase an
assessment without notice to the person to whom the most
recent tax bill was mailed and an opportunity to be heard
before the assessment is verified. When a notice is mailed by
the county assessor to the address of a mortgagee, the
mortgagee, within 7 business days after the mortgagee
receives the notice, shall forward a copy of the notice to
each mortgagor of the property referred to in the notice at
the last known address of each mortgagor as shown on the
records of the mortgagee. There shall be no liability for
the failure of the mortgagee to forward the notice to each
mortgagor. The assessor may provide for the filing of
complaints and make revisions at times other than those dates
published under Section 14-35. When the county assessor has
completed the revision and correction and entered the changes
and revision in the assessment books, an affidavit shall be
attached to the assessment books in the form required by law,
signed by the county assessor.
(b) In counties with 3,000,000 or more inhabitants, for
parcels, other than parcels in the class that includes the
majority of the single-family residential parcels under a
county ordinance adopted in accordance with Section 4 of
Article IX of the Illinois Constitution, located in the
assessment district for which the current assessment year is
a general assessment year, within 30 days after sending the
required notices under this Section, the county assessor
shall file with the board of appeals (until the first Monday
in December 1998, and the board of review beginning the first
Monday in December 1998 and thereafter) a list of the parcels
for which the notices under this Section were sent, showing
the following information for each such parcel: the parcel
index number, the township in which the parcel is located,
the class for the current year, the previous year's final
total assessed value, the total assessed value proposed by
the county assessor, and the name of the person to whom the
notice required under this Section was sent. The list shall
be available for public inspection at the office of the board
during the regular office hours of the board. The list shall
be retained by the board for at least 10 years after the date
it is initially filed by the county assessor.
(c) The provisions of subsection (b) of this Section
shall be applicable beginning with the assessment for the
1997 tax year.
(Source: P.A. 90-4, eff. 3-7-97.)
Section 99. Effective date. This Act takes effect upon
becoming law.
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