The Illinois Legislature has passed an amendment, effective immediately, to the Illinois Property Tax Code adding a new section to the law at 35 ILCS 200/9-275. The law, which has been long opposed by Illinois landlords, allows the county assessor to go back as many as six assessment years (depending on the number of exemptions claimed) prior to the current assessment year, to record a tax lien against a parcel that was granted an improper property tax exemption. Exemptions that the assessor can challenge are the disabled veteran exemption, returning veteran exemption, disabled person exemption, disabled veteran standard homestead, senior citizen exemption, senior citizens assessment freeze, general homestead exemption, alternative general homestead exemption, and long-time occupant exemption.
