Recently, the Cook County (Illinois) Board of Commissioners
voted to suspend the filing requirements for Class 6b Incentive
Compliance Affidavits until the assessment year 2022 (except for
SER program recipients who still need to file annually).
In the past, the Cook County Board has required such Compliance
Affidavits to be filed, sometimes on a "triennial" basis
or sometimes on an annual basis. The reason for the change in
policy by the Cook County Board is that the annual filing of the
Compliance Affidavit was deemed to impose an administrative burden
on small businesses with the Class 6b status. Of course, the
suspension of the filing of the Compliance Affidavits until 2022
does not relieve the taxpayer from compliance with the Cook County
Ordinance provisions, and requirements related to obtaining and
maintaining the Class 6b incentive. Owner's should continue
their vigilant compliance and record keeping practices.
