IL SB1633

Extends the statute of limitations for property tax refund claims to 20 years for refunds arising on or after January 1, 1992, while maintaining the 5-year limit for claims arising before that date.

Requires county collectors to maintain payment image records for a minimum of 20 years after the date of payment.

Allows circuit courts to direct county collectors to refund taxes plus costs of suit when the proper claimant cannot be determined.

Establishes a special refund window for Cook County allowing claims filed between September 1, 2011 and September 1, 2012 for refunds arising after January 1, 2000, with an aggregate refund cap of $350,000.

Provides 6% annual interest on taxes paid related to homestead exemptions that are subsequently allowed through certificate of error.