SB 125

Abstract

Amends the Property Tax Code. In a Section concerning certificates of error in counties with 3,000,000 or more inhabitants, provides that, at least 14 days prior to the certification or presentation to the court, the county assessor shall provide notice to all taxing districts within the territory in which the subject property lies of the proposed certificate. In a Section concerning the filing of complaints regarding the assessment of property in counties with 3,000,000 or more inhabitants, provides that, in all cases filed by a taxpayer where a change in assessed valuation of $100,000 or more is sought, the taxpayer must also, at least 14 days prior to the hearing on the complaint, serve a copy of the complaint on all taxing districts as shown on the last available tax bill. Provides that, absent a proof of service of the complaint on all such taxing districts, the board of review shall have no jurisdiction to order relief on the complaint. Provides that the actual failure to timely serve sufficient complaint on all such taxing bodies shall constitute cause for the dismissal of the complaint. Provides that the taxing districts need not be given an opportunity to be heard on the complaint. In a Section concerning tax objection procedures and hearings, provides that, within 30 days after the filing of a complaint objecting to a valuation of property, the plaintiff shall cause to be served a notice of the action upon each of the taxing districts in which the subject property is located. Sets forth the requirements for the notice and provides that the failure to timely serve sufficient notice upon each affected taxing district shall constitute cause for the dismissal of the complaint. Effective January 1, 2006.