Illinois Property Tax Code Update - Section 16-160
Posted on Dec 29th, 2022
The Illinois General Assembly has made an amendment to the Illinois Property Tax Code which affects both Condominium Associations and Common Interest Communities. Pursuant to Section 16-160 of the Illinois Property Tax Code, an Association can now file an appeal to the Property Tax Appeal Board on behalf of the entire Association or several owners. An Association can file an appeal on any claim that was filed after the 1999 assessment year. This amendment will also go into effect on January 1, 2023.