IL HB4223

Removes the exemption that currently allows religious properties, school and religious properties, and orphanages to skip filing annual affidavits with the county assessment officer

Under current law, these property owners are not required to submit yearly affidavits confirming ownership or use status; this bill would require them to file like other tax-exempt properties

Annual affidavits must be filed by January 31 each year and must disclose any changes in ownership or use of the property

Failure to file the affidavit could result in termination of the property's tax-exempt status at the assessment officer's discretion

Takes effect immediately upon becoming law