HB 5960

Abstract

Creates the Vacancy Fraud and Penalties Act. Allows a taxing body or representative of a taxing body to file a vacancy fraud complaint with the chief county assessment officer or the county board of review if property receives vacancy relief and the property owner is not actively attempting to lease, sell, or alter the property. Sets forth factors for determining whether or not vacancy fraud has occurred. Sets forth penalties. Provides that a person commits property tax vacancy fraud when he or she knowingly owns vacant property and, for 2 or more consecutive years in which vacancy relief is granted, has not actively attempted to sell, lease, or alter the vacant property. Provides that property tax vacancy fraud is a Class A misdemeanor. Provides that a person commits aggravated property tax vacancy fraud when he or she commits property tax vacancy fraud that leads to the assessment of more than $100,000 in back taxes. Provides that aggravated property tax vacancy fraud is a Class 4 felony. Effective immediately.