Illinois HB4316 allows for the issuance of a certificate of error for property tax assessments at any time if the error relates to the homestead.
Illinois HB4316 amends the Property Tax Code to allow the issuance of a certificate of error at any time if the error pertains to the homestead exemption for veterans with disabilities and World War II veterans. This certificate can be issued retroactively for any applicable assessment year for which the taxpayer qualified for the exemption. The certificate, when endorsed by the majority of the board of review, can be used as evidence in court. The bill takes effect immediately upon becoming law.
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