reglab/housing_qa huggingface dataset:
35 ILCS 200/10-30
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-30. Subdivisions; counties of less than 3,000,000.(a) In counties with less than 3,000,000 inhabitants, the platting and  subdivision of property into separate lots and the development of the  subdivided property with streets, sidewalks, curbs, gutters, sewer, water and  utility lines shall not increase the assessed valuation of all or any part of  the property, if:(1) The property is platted and subdivided in     accordance with the Plat Act;(2) The platting occurs after January 1, 1978;(3) At the time of platting the property is in excess     of 5 acres; and(4) At the time of platting the property is vacant or     used as a farm as defined in Section 1-60.(b) Except as provided in subsection (c) of this Section, the assessed  valuation of property so platted and subdivided shall be determined each year  based on the estimated price the property would bring at a fair voluntary sale  for use by the buyer for the same purposes for which the property was used when  last assessed prior to its platting.(c) Upon completion of a habitable structure on any lot of subdivided  property, or upon the use of any lot, either alone or in conjunction  with any contiguous property, for any business, commercial or residential  purpose, or upon the initial sale of any platted lot, including a platted  lot which is vacant: (i) the provisions of subsection (b) of this Section  shall no longer apply in determining the assessed valuation of the lot, (ii)  each lot shall be assessed without regard to any provision of this Section, and  (iii) the assessed valuation of the remaining property, when next determined,  shall be reduced proportionately to reflect the exclusion of the property that  no longer qualifies for valuation under this Section. Holding or offering a  platted lot for initial sale shall not constitute a use of the lot for  business, commercial or residential purposes unless a habitable structure is  situated on the lot or unless the lot is otherwise used for a business,  commercial or residential purpose.(d) This Section applies before the effective date of this amendatory Act of the 96th General Assembly and then applies again beginning January 1, 2012. (Source: P.A. 95-135, eff. 1-1-08; 96-480, eff. 8-14-09.)
35 ILCS 200/10-31
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-31. Subdivisions; counties of less than 3,000,000.(a) In counties with less than 3,000,000 inhabitants, the platting and  subdivision of property into separate lots and the development of the  subdivided property with streets, sidewalks, curbs, gutters, sewer, water and  utility lines shall not increase the assessed valuation of all or any part of  the property, if:(1) The property is platted and subdivided in     accordance with the Plat Act;(2) The platting occurs after January 1, 1978;(3) At the time of platting the property is in excess     of 5 acres; and(4) At the time of platting or replatting the     property is vacant or used as a farm as defined in Section 1-60.(b) Except as provided in subsection (c) of this Section, the assessed  valuation of property so platted and subdivided shall be determined  based on the assessed value assigned to the property when last assessed prior to its last transfer or conveyance. An initial sale of any platted lot, including a lot that is vacant, or a transfer to a holder of a mortgage, as defined in Section 15-1207 of the Code of Civil Procedure, pursuant to a mortgage foreclosure proceeding or pursuant to a transfer in lieu of foreclosure, does not disqualify that lot from the provisions of this subsection (b).(c) Upon completion of a habitable structure on any lot of subdivided  property, or upon the use of any lot, either alone or in conjunction  with any contiguous property, for any business, commercial or residential  purpose: (i) the provisions of subsection (b) of this Section  shall no longer apply in determining the assessed valuation of the lot, (ii)  each lot shall be assessed without regard to any provision of this Section, and  (iii) the assessed valuation of the remaining property, when next determined,  shall be reduced proportionately to reflect the exclusion of the property that  no longer qualifies for valuation under this Section. Holding or offering a  platted lot for initial sale shall not constitute a use of the lot for  business, commercial or residential purposes unless a habitable structure is  situated on the lot or unless the lot is otherwise used for a business,  commercial or residential purpose. The replatting of a subdivision or portion of a subdivision does not disqualify the replatted lots from the provisions of subsection (b).(d) This Section applies on and after the effective date of this amendatory Act of the 96th General Assembly and through December 31, 2011.   (Source: P.A. 96-480, eff. 8-14-09.)
35 ILCS 200/10-35
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-35.     Subdivision common areas.(a) Residential property which is part of a development,  but which is individually owned and ownership of which includes the right,  by easement, covenant, deed or other interest in property, to the use  of any common area for recreational or similar residential purposes shall  be assessed at a value which includes the proportional share of the value  of that common area or areas.Property is used as a "common area or areas" under this Section if  it is a lot, parcel, or area, the beneficial use and enjoyment of which  is reserved in whole as an appurtenance to the separately owned lots, parcels,  or areas within the planned development.The common area or areas which are used for recreational or similar  residential purposes and which are assessed to a separate owner and are located  on separately identified parcels, shall be listed for assessment purposes at $1  per year.(b) In counties with 3,000,000 or more inhabitants, any person desiring to  establish or to reestablish an assessment of $1 for any parcel on grounds of  common area status under this Section shall submit an application for the  assessment to the assessor.  The application shall be submitted at the time  within which other applications for revisions of assessment may be made under  Section 14-35 by taxpayers in the township where the parcel is located, and  shall be in the form and accompanied by documentation, as the assessor may  require.(c) If a $1 assessment is established pursuant to the application it may be  maintained from year to year so long as the ownership or use of the parcel has  not changed. When any change in ownership, use or other relevant fact occurs it  shall be the duty of the new owner in cases of change in ownership, or of the  current owner in all other cases, to notify the assessor in writing within 30  days of the change.  The notice shall be sent by certified mail, return receipt  requested, and shall include the name and address of the taxpayer, the legal  description of the property, and the permanent index number of the property  where such number exists.  If the failure to give such notification results in  the assessor continuing to assess the property at $1 in subsequent years in  error, the property shall be considered omitted property under Section 9-265.  Nothing in this Section shall be construed to limit the assessor's authority to  annually revise assessments subject to this Section under the procedures of  Section 9-85.(d) No objection shall be made to the denial of an assessment of $1 under  this Section in any court except under Sections 21-175 and 23-5.  No person may  object to or otherwise challenge the failure of any parcel to receive an  assessment of $1 under this Section in any proceeding in any court unless an  application for the $1 assessment was made under subsection (b) of this  Section.    (Source: P.A. 85-1386; 88-455.)
35 ILCS 200/Art. 10 Div. 4 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

 Division 4.      Historic residences
35 ILCS 200/10-45
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-45.     Valuation during 8 year valuation period.     In furtherance of the policy of encouraging the rehabilitation of historic  residences, property certified pursuant to this Historic Residence Assessment  Freeze Law shall be eligible for an assessment freeze, as provided in this  Section, eliminating from consideration, for assessment purposes, the value  added by the rehabilitation and limiting the total valuation to the base year  valuation as defined in subsection (i) of Section 10-40.  For all property  upon which the Director has issued a certificate of rehabilitation, the  valuation for purposes of assessment shall not exceed the base year valuation  for the entire 8-year valuation period, unless a taxing district elects, under  Section  10-85, that the provisions of this Section shall not apply to taxes  that are levied by that taxing district. In the event that election is made,  the property shall be valued under Section 9-145 or 9-150 for the purpose of  extending taxes of that taxing district. The changes made to this Section by  this amendatory Act of the 91st General Assembly are declarative of existing  law and shall not be construed as a new enactment.    (Source: P.A. 91-806, eff. 1-1-01.)
35 ILCS 200/10-50
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-50.     Valuation after 8 year valuation period.     For the 4 years after  the expiration of the 8-year valuation period, the valuation for purposes of  computing the assessed valuation shall be as follows:For the first year, the base year valuation plus 25% of the adjustment in  value.For the second year, the base year valuation plus 50% of the adjustment in  value.For the third year, the base year valuation plus 75% of the adjustment in  value.For the fourth year, the then current fair cash value.    (Source: P.A. 82-1023; 88-455.)
35 ILCS 200/10-55
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-55.     Application process and application period.(a) The Director shall receive applications for certificates of  rehabilitation in a form and manner provided by him or her by rule.  The Director shall promptly notify the assessment officer of receipt of such  applications.  The rules  shall provide that an applicant may request preliminary approval of  rehabilitation before the rehabilitation period begins.(b) The Director shall approve an application for a certificate of  rehabilitation when he or she finds that the restoration, preservation or  rehabilitation:(1) involves an historic building;(2) has a cost, including architectural fees, equal     to or greater than 25% of the base year valuation;(3) is for a building for which no certificate of     rehabilitation has been approved within 4 years after the last year of the adjustment valuation period;(4) was or will be done in accordance with the     standards for rehabilitation; and(5) was or will be a substantial rehabilitation.(c) The Director shall determine the length of the rehabilitation period,  which shall not exceed 2 years unless the Director finds:(1) it is economically unfeasible to complete the     rehabilitation in that period; or(2) the magnitude of the project is such that a good     faith attempt to complete the rehabilitation in that period would not succeed.(d) Upon approval of the application, the Director shall issue a  certificate of rehabilitation to the applicant and transmit a copy to the  assessment officer. The certificate shall identify the rehabilitation period.(e) If during the 8-year valuation period and the adjustment valuation  period, the Director determines, in accordance with the Illinois  Administrative Procedure Act, that an historic building for  which a certificate of  rehabilitation has been issued has not been the subject of repair,  renovation, remodeling or improvement in accordance with the standards for  rehabilitation, he or she shall revoke the certificate of rehabilitation by  written notice to the taxpayer of record and transmit a copy of the  revocation to the assessment officer.The provisions in Section 10-40 through 10-85 apply to certified  rehabilitation projects for which an application for a certificate of  rehabilitation has been filed with the Director within 2 years of the  rehabilitation period.    (Source: P.A. 91-357, eff. 7-29-99; 91-806, eff. 1-1-01.)
35 ILCS 200/10-60
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-60.     Certificate of status.     It is the duty of the titleholder of  record or the owner of the beneficial interest of any historic building which  has been  issued a certificate of rehabilitation, to file with the chief county  assessment officer, on or before January 31 of each year, an affidavit stating  whether there has been any change in the ownership or use of such property, the  status of the owner-occupant, or, in the case of a cooperative,  whether there has been a change in the use of the property or a change in the  cooperative form of ownership.  If there has been such a  change, the nature  of this change shall be stated. Failure to file such an affidavit shall, in the  discretion of the chief county assessment officer, constitute cause to revoke  the certificate of rehabilitation. The chief county assessment officer shall  furnish to the owner a form for the affidavit wherein the owner may state  whether there has been any change in the ownership or use of the property or  the status of the owner. If the chief county assessment officer determines that  the historic building is no longer used as an owner-occupied single family  residence or an owner-occupied multi-family residence, or that there has  been a sale or transfer for value of the  historic  building other than to the  first owner-occupant after the issuance of a certificate of rehabilitation,  or that the historic building no longer  meets the definition of a cooperative, he  or she shall revoke the certificate by written notice to the taxpayer of  record, and shall send a copy of that notice to the Department.    (Source: P.A. 89-675, eff. 8-14-96; 90-114, eff. 1-1-98.)
35 ILCS 200/10-65
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-65.     Receipt of applications.     An approved local  government shall receive applications for certificates  of rehabilitation within its corporate boundaries.  The decision of the  approved local government shall be final unless disapproved by the Director  within 30 days of his receipt of the application and local decision.    (Source: P.A. 86-1481; 88-455.)
35 ILCS 200/10-70
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-70.     Computation of valuation.(a) Upon  receipt of the certificate of rehabilitation, the assessment  officer shall determine the base year valuation and shall make a notation on  each statement of assessment during the 8-year valuation period and the  adjustment valuation period that the valuation of the historic building shall  be based upon the issuance of a certificate of rehabilitation.(b) Upon revocation of a certificate of rehabilitation,  the assessment officer shall compute the assessed valuation of the  building on  the basis of the then current fair cash value.(c) An historic building receiving a certificate of rehabilitation shall  not be eligible for the homestead improvement exemption during the 8-year  valuation period and adjustment valuation period.    (Source: P.A. 86-1481; 88-455.)
35 ILCS 200/10-75
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-75.     Approval of municipal ordinances.     In addition to the powers and  duties described elsewhere in this Code, the Director may approve county or  municipal ordinances which qualify historic buildings for consideration under  this Code. However, no ordinance shall be approved unless it:(a) is designed to preserve and rehabilitate     buildings of historic significance;(b) contains criteria for the designation of     landmarks consistent with those established by the U.S. Department of the Interior for the inclusion of places on the National Register of Historic Places; and(c) contains criteria for review of demolitions and     major alterations.   (Source: P.A. 87-818; 88-455.)
35 ILCS 200/10-80
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-80.     Rules and regulations.     The Director may promulgate rules and  regulations as may be necessary to administer this Code, including but not  limited to provisions that:(1) Preclude the issuance of a certificate of     rehabilitation for any owner-occupied single family residence, owner-occupied multi-family residence, or cooperative where 30% or more of the dwelling space is new construction outside the existing structure.(2) Specify what costs are eligible to meet the 25%     minimum specified under subsection (b) of Section 10-55, and make ineligible those costs attributable to new construction outside the existing structure.These regulations shall not preclude the issuance of a certificate of  rehabilitation for a condominium.    (Source: P.A. 89-675, eff. 8-14-96; 90-114, eff. 1-1-98.)
35 ILCS 200/10-85
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-85.     Election by taxing district to deny special tax treatment.     Any  taxing district may elect by a majority vote of its governing authority within  the first 30 days of each calendar year, upon written notice to the county  clerk and the assessment officer, that the provisions of Sections 10-40 through  10-80 shall not apply to taxes that are levied by the taxing district. In the  event the Director has issued a certificate of rehabilitation upon a historic  building within a taxing district in a year prior to that taxing district's  election under this Section or if the rehabilitation period commenced prior to  the taxing district's election, the taxing district's election shall have no  effect on the property for the 8-year valuation period and the adjustment  valuation period.    (Source: P.A. 86-1481; 88-455.)
35 ILCS 200/Art. 10 Div. 5 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

 Division 5.      Airports and interstate bridges
35 ILCS 200/10-90
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-90.     Property used for airport purposes.     In counties with 200,000  or more inhabitants, in addition to valuation as otherwise permitted by law,  upon the filing of an application under Section 10-95 by the person liable for  the taxes on that property, which is used for airport purposes and has been so  used for the 3 years immediately preceding the year when the assessment is made  shall be valued on the basis of 33 1/3% of its fair cash value, based upon the  price it would bring at a fair, voluntary sale for use by the buyer for airport  purposes.Property is considered used for airport purposes under this Section if  it is devoted primarily to the operation of an airport or restricted landing  field approved by the Department of Transportation in accordance with the  Illinois Aeronautics Act and is open to the public except as restricted by the  Department of Transportation or the Illinois Aeronautics Act.    (Source: P.A. 81-840; 88-455.)
35 ILCS 200/10-95
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-95.     Application process.     The person liable for taxes on land used  for airport purposes must file a verified application requesting the additional  valuation provided for in Section 10-90, with the chief county assessment  officer of the county where the land is located, by January 1 of each year for  which that valuation is desired. The application shall be in the form  prescribed by the Department and contain such information as may reasonably be  required to determine whether the applicant meets the requirements of Section  10-90. If the application shows the applicant is entitled to the valuation, the  chief county assessment officer shall approve it; otherwise, he or she shall  reject the application.When an application has been filed with and approved by the chief county  assessment officer, he or she shall determine the valuation of the land in two  ways as otherwise permitted by law, and as described in Section 10-90, and  shall list those valuations separately. The county clerk, in preparing  assessment books, lists and blanks under Section 9-100, shall include columns  for indicating the approval of an application filed under this Section and for  setting out the valuations made as otherwise permitted by law, and under  Section 10-90.    (Source: P.A. 77-2783; 88-455.)
35 ILCS 200/10-100
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 200/ - Property Tax Code.|Title 3 - Valuation and Assessment

Sec. 10-100.     Liability for prior year's taxes.     The valuation determined  under Section 10-90 shall be used for each year for which application is made  and approved under Section 10-95. When any portion of the land is no longer  used for airport purposes, the person liable for taxes on that portion of the  land shall notify the chief county assessment officer, in writing, of that  fact, and shall pay to the county treasurer, by the following September 1, the  difference between the taxes paid in each of the 3 preceding years as based on  a valuation under Section 10-90 and what those taxes for each of those years  would have been when based on the valuation as otherwise permitted by law,  together with 5% interest. If this difference is not paid by the following  September 1, the amount of that difference shall be considered as delinquent  taxes under this Code.    (Source: P.A. 77-2783; 88-455.)