IL HB5163

Amends the Property Tax Code Section 16-180 regarding procedures for property tax assessment appeals before the Property Tax Appeal Board.

Establishes a mandatory filing fee of $150 for each assessment appeal filed with the Property Tax Appeal Board.

Removes the previous language allowing the Board to determine "any reasonable filing fee" and replaces it with a fixed $150 fee requirement.

Maintains existing procedures for informal appeal hearings, de novo consideration of appeals, and limitations on assessment reductions based on equalizing factors.