Bill Text: IL HB1063 | 2023-2024 | 103rd General Assembly | Introduced


Bill Title: Amends the Property Tax Code. Provides that there shall be printed on each tax bill, or on a separate slip mailed with each tax bill, a list of each redevelopment project that (i) is associated with a TIF district in which the property is located and (ii) has been completed during or before the taxable year for which the bill is prepared or is in the process of being completed during that taxable year.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee [HB1063 Detail]

Download: Illinois-2023-HB1063-Introduced.html


103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
HB1063

Introduced , by Rep. Rita Mayfield

SYNOPSIS AS INTRODUCED:
35 ILCS 200/20-15

Amends the Property Tax Code. Provides that there shall be printed on each tax bill, or on a separate slip mailed with each tax bill, a list of each redevelopment project that (i) is associated with a TIF district in which the property is located and (ii) has been completed during or before the taxable year for which the bill is prepared or is in the process of being completed during that taxable year.
LRB103 00069 HLH 45069 b

A BILL FOR

HB1063LRB103 00069 HLH 45069 b
1 AN ACT concerning local government.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Property Tax Code is amended by changing
5Section 20-15 as follows:
6 (35 ILCS 200/20-15)
7 Sec. 20-15. Information on bill or separate statement.
8There shall be printed on each bill, or on a separate slip
9which shall be mailed with the bill:
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
17 due which is allocable to a tax levied under the Illinois
18 Local Library Act or to any other tax levied by a
19 municipality or township for public library purposes,
20 (b) a separate statement for each of the taxing
21 districts of the dollar amount of tax due which is
22 allocable to a tax levied under the Illinois Pension Code
23 or to any other tax levied by a municipality or township

HB1063- 2 -LRB103 00069 HLH 45069 b
1 for public pension or retirement purposes,
2 (b-5) a list of each tax increment financing (TIF)
3 district in which the property is located, and the dollar
4 amount of tax due that is allocable to the TIF district,
5 and each redevelopment project that (i) is associated with
6 the TIF district and (ii) has been completed during or
7 before the taxable year for which the bill is prepared or
8 is in the process of being completed during that taxable
9 year,
10 (c) the total tax rate,
11 (d) the total amount of tax due, and
12 (e) the amount by which the total tax and the tax
13 allocable to each taxing district differs from the
14 taxpayer's last prior tax bill.
15 The county treasurer shall ensure that only those taxing
16districts in which a parcel of property is located shall be
17listed on the bill for that property.
18 In all counties the statement shall also provide:
19 (1) the property index number or other suitable
20 description,
21 (2) the assessment of the property,
22 (3) the statutory amount of each homestead exemption
23 applied to the property,
24 (4) the assessed value of the property after
25 application of all homestead exemptions,
26 (5) the equalization factors imposed by the county and

HB1063- 3 -LRB103 00069 HLH 45069 b
1 by the Department, and
2 (6) the equalized assessment resulting from the
3 application of the equalization factors to the basic
4 assessment.
5 In all counties which do not classify property for
6purposes of taxation, for property on which a single family
7residence is situated the statement shall also include a
8statement to reflect the fair cash value determined for the
9property. In all counties which classify property for purposes
10of taxation in accordance with Section 4 of Article IX of the
11Illinois Constitution, for parcels of residential property in
12the lowest assessment classification the statement shall also
13include a statement to reflect the fair cash value determined
14for the property.
15 In all counties, the statement must include information
16that certain taxpayers may be eligible for tax exemptions,
17abatements, and other assistance programs and that, for more
18information, taxpayers should consult with the office of their
19township or county assessor and with the Illinois Department
20of Revenue.
21 In counties which use the estimated or accelerated billing
22methods, these statements shall only be provided with the
23final installment of taxes due. The provisions of this Section
24create a mandatory statutory duty. They are not merely
25directory or discretionary. The failure or neglect of the
26collector to mail the bill, or the failure of the taxpayer to

HB1063- 4 -LRB103 00069 HLH 45069 b
1receive the bill, shall not affect the validity of any tax, or
2the liability for the payment of any tax.
3(Source: P.A. 100-621, eff. 7-20-18; 101-134, eff. 7-26-19.)
feedback