SB 1072 — PROP TX-ITEMIZATION-ABATEMENT

*LRB10007719AWJ17785b* SB1072 100THEngrossed GENERALLRB100 ASSEMBLY07719 StateAWJ of17785 Illinoisb andAN 2018ACT SB1072concerning Introducedlocal 2/7/2017,government. by Sen.

Christine Radogno SYNOPSIS AS INTRODUCED:

ILCS 5/1-1001 from Ch.

34, par.

1-1001 concerning the short title..

Makes a technical change in a Section LRB100 07719 AWJ 17785 b A BILL FOR SB1072 LRB100 07719 AWJ 17785 b AN ACT concerning local government.

The CountiesProperty Tax Code is amended by changing Section 1-100120-15 as follows:

(55(35 ILCS 5/1-1001)200/20-15) (fromSec. Ch.

34,20-15. par.

1-1001)Information Sec.on bill or separate statement.

1-1001.There shall be printed on each bill, or on a separate slip which shall be mailed with the bill:

Short(a) title.a statement itemizing the rate at which taxes have been extended for each of the taxing districts in the county in whose district the property is located, and in those counties utilizing electronic data processing equipment the dollar amount of tax due from the person assessed allocable to each of those taxing districts, including, in the case of a taxing district that authorized an abatement of taxes for the tax year, an itemization of the total dollar amount that would have been due based on the taxes extended if the abatement had not been granted and the dollar amount of any reduction allocable to the abatement, and including a separate statement of the dollar amount of tax due which is allocable to a tax levied under the Illinois Local Library Act or to any other tax levied SB1072 Engrossed - 2 - LRB100 07719 AWJ 17785 b by a municipality or township for public library purposes, (b) a separate statement for each of the taxing districts of the dollar amount of tax due which is allocable to a tax levied under the Illinois Pension Code or to any other tax levied by a municipality or township for public pension or retirement purposes, (c) the total tax rate, (d) the total amount of tax due, and (e) the amount by which the total tax and the tax allocable to each taxing district differs from the taxpayer's last prior tax bill.

ThisThe Actcounty treasurer shall beensure knownthat andonly andthose maytaxing districts in which a parcel of property is located shall be citedlisted ason the Countiesbill Code.for that property.

In all counties the statement shall also provide:

(1) the property index number or other suitable description, (2) the assessment of the property, (3) the statutory amount of each homestead exemption applied to the property, (4) the assessed value of the property after application of all homestead exemptions, (5) the equalization factors imposed by the county and by the Department, and (6) the equalized assessment resulting from the application of the equalization factors to the basic SB1072 Engrossed - 3 - LRB100 07719 AWJ 17785 b assessment.

In all counties which do not classify property for purposes of taxation, for property on which a single family residence is situated the statement shall also include a statement to reflect the fair cash value determined for the property.

In all counties which classify property for purposes of taxation in accordance with Section 4 of Article IX of the Illinois Constitution, for parcels of residential property in the lowest assessment classification the statement shall also include a statement to reflect the fair cash value determined for the property.

In all counties, the statement must include information that certain taxpayers may be eligible for tax exemptions, abatements, and other assistance programs and that, for more information, taxpayers should consult with the office of their township or county assessor and with the Illinois Department of Revenue.

In all counties, the statement shall include information that certain taxpayers may be eligible for the Senior Citizens and Persons with Disabilities Property Tax Relief Act and that applications are available from the Illinois Department on Aging.

In counties which use the estimated or accelerated billing methods, these statements shall only be provided with the final installment of taxes due.

The provisions of this Section create a mandatory statutory duty.

They are not merely directory or SB1072 Engrossed - 4 - LRB100 07719 AWJ 17785 b discretionary.

The failure or neglect of the collector to mail the bill, or the failure of the taxpayer to receive the bill, shall not affect the validity of any tax, or the liability for the payment of any tax.

97-1154,98-93, eff.

1-25-13.)7-16-13;

99-143, eff.

7-27-15.) Section 99.

Effective date.

This Act takes effect upon becoming law.