Illinois Compiled Statutes 35 Revenue: Article 1 - General

Article 1. Short Title and Definitions

• Illinois Property Tax Code. - 35 ILCS 200, Section 1-1
  Short title. This Act may be cited as the Property Tax Code. (Source: P.A. 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-3
  Definitions. The words and phrases in this Article, when used in this Code, are defined as follows: (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-5
  Assessment book; book or list. When used in reference to an assessment book, all mechanically, electronically, or otherwise produced record making material. The substantive...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-10
  Assessor; assessors. County, township, multi-township or deputy assessors, all of whom evaluate and appraise property. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-15
  Chief county assessment officer. The supervisor of assessments or the county assessor in each county. (Source: P.A. 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-20
  Collector; collectors. County, township, and deputy collectors. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-23
  Compulsory sale. "Compulsory sale" means (i) the sale of real estate for less than the amount owed to the mortgage lender or mortgagor, if the...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-25
  Collector's tax book; Collector's warrant book. When used in reference to a collector's tax book, all mechanically, electronically, or otherwise produced record making material....
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-30
  Columns. When used in a reference to Collector's tax books, includes any kind of division that will clearly separate the material required by this...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-35
  County Board. The elected governing body of a county. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-40
  Department. Department of Revenue of the State of Illinois. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-45
  Developed coal. When used in connection with valuing coal means the acres of land for which a permit has been issued under the Surface...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-46
  Electronic. Includes electrical, digital, magnetic, optical, electromagnetic, or any other form of technology that has capabilities similar to these technologies. (Source: P.A. 97-1054, eff. 1-1-13.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-47
  Electronic record. A record generated, communicated, received, or stored by electronic means for use in an information system or for transmission from one information system...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-48
  Electronic signature. A signature in electronic form attached to, or logically associated with, an electronic record. (Source: P.A. 97-1054, eff. 1-1-13.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-50
  Fair cash value. The amount for which a property can be sold in the due course of business and trade, not under duress, between...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-55
  33 1/3%. One-third of the fair cash value of property, as determined by the Department's sales ratio studies for the 3 most recent years...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-60
  Farm. When used in connection with valuing land and buildings for an agricultural use, any property used solely for the growing and harvesting of...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-65
  General Assessment. The general assessment of property under Sections 9-215, 9-220 and 9-225. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-70
  He; him; his; she; her. Male, female, company, corporation, firm, society, singular or plural number. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-75
  Inhabitants. The residents of a taxing district as counted in the most recent finalized decennial Federal census, unless otherwise stated. (Source: P.A. 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-80
  Legal Description; Proper Description; Description. The describing of property (a) by reference to government surveys or by metes and bounds; (b) when subdivided into...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-85
  Local Assessment Officers. County assessors, supervisors of assessment, township assessors, multi-township assessors, boards of review, and boards of appeals. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-90
  Mortgage lender. Any institution, association, partnership, corporation, or person that is engaged in this State in the business of making loans of moneys, or...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-95
  Mortgagor. An owner of property situated in any county of this State who creates a lien against the property in favor of a mortgage...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-100
  Multi-Township Assessor. An official elected to perform the duties of a township assessor in an assessing district comprising more than one township. (Source: P.A....
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-105
  Multi-Township Assessment District Board of Trustees; Multi-Township Board of Trustees. The township supervisors and the township clerks of the several townships comprising a district...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-110
  Number. The singular shall include the plural, and the plural shall include the singular. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-115
  Oath. Oath or affirmation. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-120
  Property Index Number or Permanent Index Number; PIN. A number used to identify a parcel of property for assessment and taxation purposes. The index number...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-125
  Person; Persons. Male, female, corporation, company, firm, society, singular or plural number. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-130
  Property; real property; real estate; land; tract; lot. (a) The land itself, with all things contained therein, and also all buildings, structures and improvements, and...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-135
  Section. A Section of this Code unless otherwise stated. (Source: P.A. 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-136
  Signed or signature. Includes any symbol executed or adopted, or any security procedure employed or adopted, using electronic means or otherwise, by or on behalf...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-140
  Stamp, stamped or stamping. In columns, on receipts, or otherwise as provided in this Code, includes any print, punch symbol, or electronic validation used...
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-145
  Tax; Taxes. Any tax, special assessments or costs, interest or penalty imposed upon property. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-150
  Taxing District. Any unit of local government, school district or community college district with the power to levy taxes. (Source: P.A. 86-1481; 87-877; 88-455.)
• Illinois Property Tax Code. - 35 ILCS 200, Section 1-155
  Year. When used in this Code, with reference to taxes of or for a year, means a calendar year. (Source: P.A. 86-1481; 87-877; 88-455.)

Last modified: February 18, 2015