Kennedy Bros. v. Property Tax Appeal Board

Plaintiff, Kennedy Brothers, Inc., appeals from the judgment of the circuit court of Lake County, on administrative review, affirming the decision of the Property Tax Appeal Board (PTAB) that section 20g — 4 of the Revenue Act of 1939 (Ill. Rev. Stat. 1983, ch. 120, par. 501g — 4) did not apply to plaintiff’s 1983 property assessment.

Plaintiff raises two issues on appeal: (1) whether section 20g — 4 is applicable in determining the 1983 real estate assessment of plaintiff’s property, and (2) whether the PTAB acted properly in denying plaintiff tax relief even if section 20g — 4 is not…