On August 28, 2012, Governor Quinn signed H.B. 5192. Since the May filing of H.B. 5192 summarized below, House Amendment 3 enacted the following minor amendments to H.B. 5192:
- Limits the Tribunal's authority filing final decisions, the original version of bill allowed for the Tribunal to issue final and interlocutory decisions;
- Removes of date-specific references for matters not under jurisdiction of the Tribunal; and
- Clarifies that a taxpayer may file either a petition or a protest.
On May 22, 2012, House Amendment #1 was filed to H.B. 5192, which establishes the Illinois tax Tribunal Act of 2012. This Act will fulfill the mandate to establish a Tax Tribunal as authorized by Public Act 097-0636, enacted December 16, 2011. For more information on Public Act 097-0636, please view our mySTO summary at the following link.