Bill Amendment: IL HB2914 | 2023-2024 | 103rd General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: PROP TX-BALLOT INITIATIVES
Status: 2024-04-05 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB2914 Detail]
Download: Illinois-2023-HB2914-House_Amendment_001.html
Bill Title: PROP TX-BALLOT INITIATIVES
Status: 2024-04-05 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB2914 Detail]
Download: Illinois-2023-HB2914-House_Amendment_001.html
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1 | AMENDMENT TO HOUSE BILL 2914
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2 | AMENDMENT NO. ______. Amend House Bill 2914 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 5. The Property Tax Code is amended by changing | ||||||
5 | Section 20-15 as follows:
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6 | (35 ILCS 200/20-15)
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7 | Sec. 20-15. Information on bill or separate statement. | ||||||
8 | There shall be
printed on each bill, or on a separate slip | ||||||
9 | which shall be mailed with the
bill:
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10 | (a) a statement itemizing the rate at which taxes have | ||||||
11 | been extended for
each of the taxing districts in the | ||||||
12 | county in whose district the property is
located, and in | ||||||
13 | those counties utilizing
electronic data processing | ||||||
14 | equipment the dollar amount of tax due from the
person | ||||||
15 | assessed allocable to each of those taxing districts, | ||||||
16 | including a
separate statement of the dollar amount of tax |
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1 | due which is allocable to a tax
levied under the Illinois | ||||||
2 | Local Library Act or to any other tax levied by a
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3 | municipality or township for public library purposes,
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4 | (b) a separate statement for each of the taxing | ||||||
5 | districts of the dollar
amount of tax due which is | ||||||
6 | allocable to a tax levied under the Illinois Pension
Code | ||||||
7 | or to any other tax levied by a municipality or township | ||||||
8 | for public
pension or retirement purposes,
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9 | (b-5) a list of each tax increment financing (TIF) | ||||||
10 | district in which the property is located and the dollar | ||||||
11 | amount of tax due that is allocable to the TIF district, | ||||||
12 | (c) the total tax rate,
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13 | (d) the total amount of tax due, and
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14 | (e) the amount by which the total tax and the tax | ||||||
15 | allocable to each taxing
district differs from the | ||||||
16 | taxpayer's last prior tax bill ; and .
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17 | (f) the dollar amount of the taxpayer's total tax bill | ||||||
18 | that is attributable to a ballot initiative or referendum | ||||||
19 | and the date on which each property tax-related change | ||||||
20 | made by that ballot initiative or referendum will expire; | ||||||
21 | each property tax-related change attributable to a ballot | ||||||
22 | initiative or referendum shall be a separate line item. | ||||||
23 | The county treasurer shall ensure that only those taxing | ||||||
24 | districts in
which a parcel of property is located shall be | ||||||
25 | listed on the bill for that
property.
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26 | In all counties the statement shall also provide:
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1 | (1) the property index number or other suitable | ||||||
2 | description,
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3 | (2) the assessment of the property,
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4 | (3) the statutory amount of each homestead exemption | ||||||
5 | applied to the property, | ||||||
6 | (4) the assessed value of the property after | ||||||
7 | application of all homestead exemptions, | ||||||
8 | (5) the equalization factors imposed by the county and | ||||||
9 | by the Department,
and
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10 | (6) the equalized assessment resulting from the | ||||||
11 | application of the
equalization factors to the basic | ||||||
12 | assessment.
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13 | In all counties which do not classify property for | ||||||
14 | purposes of taxation, for
property on which a single family | ||||||
15 | residence is situated the statement shall
also include a | ||||||
16 | statement to reflect the fair cash value determined for the
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17 | property. In all counties which classify property for purposes | ||||||
18 | of taxation in
accordance with Section 4 of Article IX of the | ||||||
19 | Illinois Constitution, for
parcels of residential property in | ||||||
20 | the lowest assessment classification the
statement shall also | ||||||
21 | include a statement to reflect the fair cash value
determined | ||||||
22 | for the property.
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23 | In all counties, the statement must include information | ||||||
24 | that certain
taxpayers may be eligible for tax exemptions, | ||||||
25 | abatements, and other assistance programs and that, for more | ||||||
26 | information, taxpayers should consult with the office of their |
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1 | township or county assessor and with the Illinois Department | ||||||
2 | of Revenue.
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3 | In counties which use the estimated or accelerated billing | ||||||
4 | methods, these
statements shall only be provided with the | ||||||
5 | final installment of taxes due. The
provisions of this Section | ||||||
6 | create a mandatory statutory duty. They are not
merely | ||||||
7 | directory or discretionary. The failure or neglect of the | ||||||
8 | collector to
mail the bill, or the failure of the taxpayer to | ||||||
9 | receive the bill, shall not
affect the validity of any tax, or | ||||||
10 | the liability for the payment of any tax.
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11 | (Source: P.A. 100-621, eff. 7-20-18; 101-134, eff. 7-26-19.)
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12 | Section 99. Effective date. This Act takes effect upon | ||||||
13 | becoming law.".
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