IL SB3036

Amends Section 18-35 of the Property Tax Code to allow county clerk collector's books to be created, transmitted, and stored in electronic format instead of requiring physical books.

Requires collector's books to contain 4 columns showing property values: assessed value by chief county assessment officer, value corrected by board of review or appeals, value equalized by board of review, and value equalized or assessed by the Department.

Mandates additional columns in municipalities using tax increment allocation financing to track initial equalized assessed values, tax extensions, and amounts deposited in special tax allocation funds.

Requires books to include columns documenting tax sales, forfeitures, and special assessments from the preceding 2 years with appropriate designations stamped on tax receipts.

Takes effect upon becoming law.