SB3399 Summary

• Amends Section 9-85 of the Property Tax Code concerning assessment revisions in counties with 3,000,000 or more inhabitants (Cook County).

• Makes a technical change by replacing "and" with "and" in the section title regarding revision of assessments by county assessor and board of review.

• Applies to counties where the county assessor has authority to annually revise and correct assessment books.

• Maintains existing provisions requiring notice to mortgage lenders or trustees within 15 days when property title is held in a land trust, with those parties responsible for forwarding notices to mortgagors or beneficiaries.