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IL HB5086
Bill
Status
Introduced
2/4/2026
Primary Sponsor
Natalie Manley
Click for details
AI Summary
- Amends the Property Tax Code to authorize supervisors of assessments (rather than county boards) to bill township boards of trustees for costs incurred when completing assessments that township assessors failed to finish
- Allows supervisors of assessments to require assessment books up to 90 days early if a township assessor previously submitted incomplete work and either omitted new construction for more than 6 months or failed to change at least 20% of any property class
- Grants supervisors of assessments full revaluation powers equivalent to general assessment year authority when conducting reviews of township books, including authority to value omitted property
- Requires county treasurers to publish on county websites a list of properties with valuation changes resulting from supervisor interventions, including property ID numbers, reassessment costs, and total valuation changes
- Effective immediately upon becoming law
Legislative Description
PROP TAX-TWP ASSESSMENT BOOKS
Last Action
Assigned to Revenue & Finance Committee
3/4/2026
Committee Referrals
Revenue & Finance3/4/2026
Rules2/10/2026
Full Bill Text
No bill text available