Form PTAX-300-h Application for Hospital Property Tax Exemption - County Board of Review Statement of Facts - Illinois

What Is Form PTAX-300-h?

This is a legal form that was released by the Illinois Department of Revenue - a government authority operating within Illinois. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is PTAX-300-h?A: PTAX-300-h is an application for hospital property tax exemption in Illinois.

Q: What is the County Board of Review Statement of Facts?A: The County Board of Review Statement of Facts is a form that must be filled out as part of the PTAX-300-h application.

Q: Who needs to fill out the PTAX-300-h application?A: Hospitals in Illinois that are seeking property tax exemption need to fill out the PTAX-300-h application.

Q: What is the purpose of the PTAX-300-h application?A: The PTAX-300-h application is used to apply for property tax exemption for hospitals in Illinois.

Q: What information is required in the County Board of Review Statement of Facts?A: The County Board of Review Statement of Facts requires information such as the hospital's name and address, the type of ownership, the assessed valuation of the property, and the reasons for seeking property tax exemption.

Q: Are there any fees associated with the PTAX-300-h application?A: There are no fees associated with the PTAX-300-h application.

Q: When is the deadline to submit the PTAX-300-h application?A: The deadline to submit the PTAX-300-h application is typically within 90 days after the date of the county board of review's notice of final decision on the hospital's assessment.

Q: What happens after submitting the PTAX-300-h application?A: After submitting the PTAX-300-h application, the county board of review will review the application and make a decision on whether to grant the property tax exemption.

Q: Is the property tax exemption granted by the PTAX-300-h application permanent?A: The property tax exemption granted by the PTAX-300-h application is not permanent and needs to be renewed annually.