IL HB5335

Property Tax Appeal Board must reject any appraisal that does not meet the Uniform Standards of Professional Appraisal Practice (USPAP) as established by The Appraisal Foundation at the time of appeal filing.

Property Tax Appeal Board process ends for all property in counties with 3,000,000 or more inhabitants beginning with the 2022 assessment year.

Board may retain jurisdiction over appeals properly filed before December 31, 2023 in counties with 3,000,000+ inhabitants, but must dismiss unresolved appeals by December 31, 2024 without a decision.

Dismissed appeals cannot be further appealed to the Board, but taxpayers may file a tax objection case in circuit court under Article 23 within one year of dismissal, with temporal filing restrictions waived.

Act takes effect immediately upon becoming law.