SB 615

Abstract

Amends the Property Tax Code with respect to counties with 3,000,000 or more inhabitants. Provides that, in years other than years of a general assessment or reassessment, publication of the list of individual assessment changes shall not be required with respect to changes resulting from application by the county assessor of a factor to all assessments in a particular major class in any township or assessment district within the county, in which case the list shall include a general statement on the matter and shall set forth the percentage of increase or decrease represented by the factor. In provisions requiring notice by mail to the taxpayer if a revision by the county assessor increases the assessment, requires instead a notice by publication if the revision causes a change in all assessments in a particular major class in any township or assessment district within the county. Effective immediately.