SB 466 — PROP TAX FREEZE-DISABLED

093_SB0466SB466 Engrossed LRB093 10668 SJM 11009 b AN ACT regarding disabled persons.

SB466 Engrossed -2- LRB093 10668 SJM 11009 b (Source:

For taxable year 1999 SB466 Engrossed -3- LRB093 10668 SJM 11009 b only, the Chief County Assessment Officer shall review (i) all taxable years for which the applicant applied and qualified for the exemption and (ii) the existing base year.

_D_____________________s______________________n_____________ _____a_____________________i_______________________a____________ _____m_____________________e_______________________(____________ _____t_____________________d______________________t_____________ _____t_____________________t______________________l_____________ _____s_____________________s______________________e_____________ _____S_____________________p______________________l_____________ _____r_____________________e______________________m_____________ ______t______________________e____________________e_____________ _____i_____________________r______________________t_____________ ______o____________________r______________________n_____________ _____n_______________________P____________________n_____________ _____c_______________________p______________________a___________ _____i______________________i_____________________t_____________ _____i_____________________o______________________t_____________ _____a_____________________o________________________A________________a_____________________o_____________________ _____n_____________________t______________________u_____________ _____r_____________________P______________________C_____________ ______t____________________n______________________l_____________ -4- LRB093 10668 SJM 11009 b _____n______________________d_____________________c_____________ _____s_____________________e_______________________p____________ _____e_______________________s____________________c_____________ _____i_____________________a______________________o_____________ _____r________________ "Equalized assessed value" means the assessed value as equalized by the Illinois Department of Revenue.

"Household" means the applicant, the spouse of the SB466 Engrossed -4- LRB093 10668 SJM 11009 b applicant, and all persons using the residence of the applicant as their principal place of residence.

If the Chief County Assessment Officer has established a specific legal description for a portion of property constituting the residence, then that portion of property shall be deemed the residence for the -5- LRB093 10668 SJM 11009 b purposes of this Section.

(c) Beginning in _____)_ taxable year 1994, _o__f___ - senior citizens ________________y______________________d_____________a_________________e_______________________p____________ assessment freeze homestead exemption is granted for real property that is improved with a permanent structure that is SB466 Engrossed -5- LRB093 10668 SJM 11009 b occupied as a residence by an applicant who (i) is 65 years of age or older_________b_____older,___________e___ during the taxable year, (ii) has a household income of $35,000 or less prior to taxable year 1999 or $40,000 or less in taxable year 1999 and thereafter, (iii) is liable for paying real property taxes on the property, and (iv) is an owner of record of the property or has a legal or equitable interest in the property as evidenced by a written instrument.

This homestead exemption shall also apply to a leasehold interest in a parcel of property improved with a permanent structure that is a single family residence that is occupied as a residence by a person who (i) is 65 years of age or older,____________d__older, _____________,_ during the taxable year, (ii) has a household income of $35,000 or less prior to taxable year 1999 or $40,000 or less in taxable year 1999 and thereafter, (iii) has a legal or equitable ownership interest in the property as lessee, and (iv) is liable for the payment of real property taxes on that property.

Each year at the time the assessment books are certified -6- LRB093 10668 SJM 11009 b to the County Clerk, the Board of Review or Board of Appeals shall give to the County Clerk a list of the assessed values of improvements on each parcel qualifying for this exemption that were added after the base year for this parcel and that increased the assessed value of the property.

In the case of land improved with an apartment building owned and operated as a cooperative or a building that is a life care facility that qualifies as a cooperative, the SB466 Engrossed -6- LRB093 10668 SJM 11009 b maximum reduction from the equalized assessed value of the property is limited to the sum of the reductions calculated for each unit occupied as a residence by a person or persons 65 years of age or older___o_____________older,_______________ with a household income of $35,000 or less prior to taxable year 1999 or $40,000 or less in taxable year 1999 and thereafter who is liable, by contract with the owner or owners of record, for paying real property taxes on the property and who is an owner of record of a legal or equitable interest in the cooperative apartment building, other than a leasehold interest.

Beginning January 1, 1997 f __________________s_____________ -7-_____0_____________________n__, LRB093 10668 SJM 11009 b _____0_____________________e______, when an individual dies who would have qualified for an exemption under this Section, and the surviving spouse does not independently qualify for this exemption because of age _________________, the exemption under this Section shall be granted to the surviving spouse for the taxable year preceding and the taxable year of the death, provided that, except for age __________a_______,o________s________, the surviving spouse meets all other qualifications for the SB466 Engrossed -7- LRB093 10668 SJM 11009 b granting of this exemption for those years.

The applicant shall submit with the application an affidavit of the applicant's total household income, age, marital status (and if married the name and -8- LRB093 10668 SJM 11009 b address of the applicant's spouse, if known), d_i_____________d __s_____________ _____i_____________________i______________________p________ and principal dwelling place of members of the household on January 1 of the taxable year.

The applications shall be clearly marked as applications for the Senior Citizens ________a_____________________s_______________ Assessment Freeze SB466 Engrossed -8- LRB093 10668 SJM 11009 b Homestead Exemption.

Beginning January 1, 1998, notwithstanding any other provision to the contrary, in counties having fewer than 3,000,000 inhabitants, if an applicant fails to file the application required by this Section in a timely manner and this failure to file is due to a mental or physical condition sufficiently severe so as to render the applicant incapable -9- LRB093 10668 SJM 11009 b of filing the application in a timely manner, the Chief County Assessment Officer may extend the filing deadline for a period of 3 months.

In order to receive the extension provided in this paragraph, the applicant shall provide the Chief County Assessment Officer with a signed statement from the applicant's physician stating the nature and extent of the condition, and that, in the physician's opinion, the condition was so severe that it rendered the applicant SB466 Engrossed -9- LRB093 10668 SJM 11009 b incapable of filing the application in a timely manner.

For purposes of this Section, a person who will be 65 years of age o_____________d____________l___ during the current taxable year shall be eligible to apply for the homestead exemption during that taxable year.

The Chief County Assessment Officer may determine the eligibility of a life care facility that qualifies as a cooperative to receive the benefits provided by this Section by use of an affidavit, application, visual inspection, -10- LRB093 10668 SJM 11009 b questionnaire, or other reasonable method in order to insure that the tax savings resulting from the exemption are credited by the management firm to the apportioned tax liability of each qualifying resident.

Except as provided in this Section, all information received by the chief county assessment officer or the SB466 Engrossed -10- LRB093 10668 SJM 11009 b Department from applications filed under this Section, or from any investigation conducted under the provisions of this Section, shall be confidential, except for official purposes or pursuant to official procedures for collection of any State or local tax or enforcement of any civil or criminal penalty or sanction imposed by this Act or by any statute or ordinance imposing a State or local tax.

_e_____________________S______________________f_____________ -11-_____t_____________________m______________________r_____________ LRB093 10668 SJM 11009 b _____t_____________________s_______________________r____________ _____m_____________________m______________________s__________ (Source:

The State Mandates Act is amended by adding SB466 Engrossed -11- LRB093 10668 SJM 11009 b Section 8.27 as follows:

(30 ILCS 805/8.27 new) _e_____________________a________________________S____________e_____________________a______________________n_____________ _____8_____________________m______________________e___________________o____________________b_______________________i____________ _____h______________________a_______________________b________________t_____________________o______________________e_____________ _____2______________________C_____ Section 99.