Amidst the current crisis, Illinois property taxes have been impacted by both legal and procedural changes.
In late May 2020, the Illinois General Assembly passed SB685 allowing counties to provide property tax relief by extending property tax payments up to 120 days.
Legislation has automatically renewed homeowner exemptions (ex. Senior Citizen Homestead Exemption, Senior Citizen Assessment Freeze Exemption) for … Read More ›
“Coronavirus Impact on Community Association Finances and Assessment Collection” – Attorney Kelly Elmore reviews how community associations should handle the financial hardships caused by COVID-19. She dives into lessons learned from the 2008 recession and how they can be applied to today’s pandemic. (12 mins.)
KSN Podcast episodes are available here: www.ksnlaw.com/podcast
Subscribe to the … Read More ›
On Tuesday April 5th, 2020, Illinois Governor J.B. Pritzker announced a plan to begin reopening the state while addressing the continued impact of the novel coronavirus. “Restore Illinois” is a five-phase procedure that will allow certain regions of the state to reopen ahead of others.
As of the publishing of this article, Illinois is currently in Phase … Read More ›
On April 23, 2020, Gov. J.B. Pritzker issued Executive Order 2020-30, which brought hard news for landlords: commencement of any and all residential evictions is prohibited, with limited exceptions.
This Executive Order will extend for the duration of the Governor’s stay at home order, which is currently slated to expire on April 30, 2020, but pursuant … Read More ›