Publications

Section Newsletter Articles on Property Taxes

The Illinois Supreme Court enforces taxpayers’ rights to full compensation for wrongly withheld property tax refunds By Mark R. Davis State and Local Taxation, June 2011 The recent Illinois Supreme Court decision in General Motors Corporation v. Pappas ends a long-running dispute between the County Collector of Cook County and several groups of taxpayers over the rates of statutory interest payable on property tax refunds.
Recent decisions in real estate tax cases By Timothy E. Moran State and Local Taxation, September 2010 Recently decided cases affecting real estate tax practitioners.
Illinois Supreme Court issues modified opinion holding electricity is “tangible personal property” for purposes of Section 201(e) of the Illinois Income Tax Act but imposes prospective application By David J. Kupiec and Natalie M. Martin State and Local Taxation, October 2009 At issue in this case is whether the Taxpayer’s 1995 and 1996 investments in property used for generating, transmitting and distributing electricity to customers in Illinois qualified for the .5 percent investment credit provided under Section 201(e) of the IITA.
Party challenges denial of FOIA request because party refused to pay $5,500 fee By Mary Ann Connelly State and Local Taxation, June 2009 The Second District Appellate Court provides an interesting analysis of FOIA requests and what body of authority should control.
Recent decisions in real estate tax cases By Timothy E. Moran State and Local Taxation, May 2009 Recent cases of interest to tax attorneys.
The Cook County Board amends the Cook County Real Property Assessment classification ordinance By Leonard F. Amari, Vesna Marusic, and Katherine A. Amari State and Local Taxation, April 2009 The Cook County Real Property Assessment Classification Ordinance No. 08-0-51 amends the real property classification system by applying lower percentages to the market value for the assessment levels for all the real property located in Cook County.
Illinois Supreme Court holds electricity is “tangible personal property” for purposes of the Illinois Personal Property Tax Replacement Income Tax Investment Credit By David J. Kupiec and Natalie M. Martin State and Local Taxation, March 2009 On February 20, 2009, the Illinois Supreme Court issued an Opinion holding that electricity is “tangible personal property” for purposes of the Illinois personal property tax replacement income tax investment credit.
Recent developments in real property taxation; procedural By Elizabeth M. Allen State and Local Taxation, May 2007 Facts- Plains maintained crude oil inventory in Midland County. Plains purchases, collects and stores oil in tank farms before delivery. It does not manufacture oil.
The impact of Public Act 94-976 for tax-capped governments By Phillip B. Lenzini Local Government Law, April 2007 Effective June 30, 2006, and particularly for all elections following March 21, 2006, Public Act 94-976 (Senate Bill 1682) makes major changes to the Property Tax Extension Limitation Law (“tax caps”) both in reference to the types of property tax referenda which may be conducted and the interrelationship between the “limiting rate” of tax caps and various statutory fund rate limits.
Practice and procedure before the Property Tax Appeal Board By James W. Chipman Local Government Law, January 2006 This article provides an overview of practice and procedure before the State of Illinois Property Tax Appeal Board, highlighting some of the statutes and rules that govern the PTAB’s operation.